Litigation Funding

We help you and your clients to stay focused on doing the work that matters.

Financing Tailored To Your Needs

We deliver tailored litigation funding solutions to help your law firm grow, transform and prosper.

For effective financial management firms need to consider many things, but two of the main items are overheads and cashflow. Law firms face the challenge of needing to provide a service to clients (and all the expenses that come with running a practice) prior to realising any income. Cashflow budgets can help identify periods where expected revenue is insufficient to cover regular payments. This also goes hand in hand with knowing your lock up period – look at the sum of your WIP and debtors and this will reveal how long your capital is locked up for.

Despite having a good bank of files and work in progress (WIP), there can be times when reserves are stretched. While banks will not always extend credit against WIP, we understand the strength of your business and provide funding tailored to your needs.

Outsourcing disbursement funding can free up your cash flow, reducing pressure on your general account as well as reducing interest and finance costs associated with overdrafts and traditional bank lending.

Our pre-settlement funding can also be offered to your clients, providing much needed cash at a difficult time.

Our clients are solicitors, financial controllers and practice directors.

At Providior, we understand that law firms have a unique set of requirements that informs what outlays will be funded by claimants and how the financing costs are also borne by those claimants. We’ve provided law firms with working capital, processed thousands of transactions on their behalf and paid hundreds of suppliers. Understanding that you need to keep reports coming in and claims moving, we offer same-day processing of your invoices, access to transparent reporting and practical reporting tools.

Litigation funding is a mechanism or process that allows litigants (and even law firms) to finance their litigation or other legal costs through a third-party funding company.

Litigation financing companies, like Providior, provide money for lawsuits but are more commonly used by those with limited financial resources. Furthermore, plaintiffs are more likely to use litigation financing, whereas defendants are more likely to use legal defence funds. Money obtained from legal financing firms can be used for any purpose, including litigation or personal matters. Money obtained through legal defence funds, on the other hand, is solely used to fund litigation and legal costs.

“The tools are fast, efficient and get my disbursements paid on time with excellent status reporting.”

“Providior has become integral to our cash flow management.”

“Just keep doing what you are doing.”

“They are fast, friendly and professional.”

Talk To Us

We’ve helped dozens of law firms in your situation and have proudly watched them go from strength to strength. We’d love to help you too. Get in touch today to discuss your business and funding needs, and find out how we can positively impact your cashflow, profitability and growth.