This provides fast payment of matrimonial case legal fees and disbursements. It can be offered to clients at any stage of their divorce proceedings in order to help them meet their legal fees and expenses prior to receiving monies from their divorce settlement.
Benefits of Fee Funding to your firm:
- No need to turn away clients who cannot currently meet your fees.
- Gives you a competitive advantage over other legal firms
- Prompt payment of your fee notes
- No arrangement fees for you or your client
- Easy online administration system
Benefits of Fee Funding for your client:
- No arrangement fees to pay
- Competitive rates of interest
- Separate credit line, away from your client’s other financial arrangements
- Guaranteed acceptance (within legal firm’s pre-agreed credit limit)
Finance available for up to 36 months, with no capital to be repaid until the earlier of the divorce settlement or 36 months.
How Matrimonial Fee Funding works
Your firm agrees an overall credit limit with Key Business Finance. At your invitation, the arrangement provides your clients with a revolving credit facility they can use to pay fee notes and disbursements as they become due. Key Business Finance then pays any fees charged direct to your bank account (via BACS).
Your firm agrees an overall credit limit with Key Business Finance. At your invitation, the arrangement provides your clients with a revolving credit facility they can use to pay fee notes and disbursements as they become due. Key Business Finance then pays any fees charged direct to your bank account (via BACS).
All administration is carried out online so it’s easy for you to handle too.
For your clients
To help explain Matrimonial Fee Funding to your clients, Key Business Finance provides a useful booklet which summarises the scheme. Copies are available from us on request.
To help explain Matrimonial Fee Funding to your clients, Key Business Finance provides a useful booklet which summarises the scheme. Copies are available from us on request.
Find out more
If you would like to learn more about the Matrimonial Fee Funding facility:
You can also download our Matrimonial Fee Funding information sheet.