Florida Attorney Funding

If you are an attorney in Florida who is trying to grow their practice but cannot get fees on time from clients, we have a solution for you! We provide quick and easy attorney funding in Florida, which law firms and attorneys can avail of in exchange for sharing the future awards they will receive from client cases. This is not a loan but a cash advance with a non-recourse feature. You repay the amount you take only after winning the cases, and if you lose, you don’t have to make any repayments.

Are you struggling with law firm financing in Florida?

Running a law firm in Florida is tough, especially when you don’t have funds or a shortage of funds. Every business, even law firms, needs cash to keep the business flourishing, especially for running ads, paying salaries, and other overhead expenses. However, getting cash can be challenging if you have clients whose cases have been pending for years and will still take a few more months or years. Taking loans from banks and other credit institutions also becomes tough since they ask for a lot of paperwork and generally fund you if you submit some form of physical collateral.

But we have a perfect solution for your situation: we can provide you with a cash advance that you can use for your business without worrying too much about debt. Since we offer cash advances based on the type of cases you are handling and the expected return from them, you need to repay only if you win. And if you lose the case and have no settlement, you don’t have to pay us anything back.

Understand “Attorney Funding”

Lawyers and law firms commonly encounter problems procuring loans from conventional financial entities due to their perceived unstable cash flow. As a result, they resort to alternative funding sources like law firm loans. Attorney funding is a method where a third party provides initial or operational capital for legal practice in exchange for interest and/or repayment terms.

Advantages of Attorney Funding for Your Practice

Maintaining a law practice is costly. Regardless of your tenure in the business, attorney funding can ease your cash flow woes. “ECO pre-settlement”: our company provides swift, hassle-free funding to meet your needs quickly and effectively. We charge no upfront fees and cooperate with your existing legal and accounting teams.

Why Choose ECO for Law Firm Loans in Florida

Choosing ECO for attorney funding offers the advantage of getting a cash advance quickly and without any hassle. Our attorney funding can allow your business to borrow money right now for the pending cases and repay it after winning those cases. With our advance, you can immediately reinvest in your firm through procurement or marketing efforts without awaiting client payment or other funding sources.

Secondly, obtaining immediate cash ensures zero risk for you as an attorney. Practicing law is unpredictable, and you must be equipped to tackle diverse situations. Generally, when you start a law firm, you don’t anticipate much about the future, but the client base grows as the practice expands. And if those client cases get delayed and you have to wait for months without payment, you are only left with law firm loans to cover team salaries and client-related costs.

Further, insufficient funds can lead to delayed payments and potentially lost clients if they perceive a dip in service quality due to your firm’s financial struggles. Attorney funding from ECO can be a game-changer. We help lawyers and law firms control debt by providing cash to them so that they can pay the bills on time and improve their practice. If you are a lawyer in Florida or running a law firm in Florida and need cash for your business, ECO is your go-to solution for attorney funding in Florida.