Solicitor asset based lending (ABL)

DeNovo offer a variety of financial solutions for law firms throughs its leading panel of funding partners. 

Asset based lending (ABL) blends invoice finance with funds released against other business assets, such as business equipment and property and provides additional capital borrowing over an invoice finance loan.

This form of financing is therefore an excellent option for solicitors and law firms looking to finance a management buy-out or management buy-in, a merger or even an acquisition. Alternatively, the extra funds can be used as a contingency, providing additional working capital as and when required.

This makes Asset based lending an ideal solution for more established law firms looking to finance growth. 

The DeNovo team are ready to assist so please contact us by phone on 020 3693 7186 or by email on info@denovolegalservices.co.uk