Law Practice Funding

There are over 443,000 law firms in the United States, earning over $330 billion in 2019. Raise the bar and stand out from your competition with up to $500,000 in funding to grow your law practice in as fast as 24 hours.

Alternative Direct Law Practice Loans

Law practice loans are often considered “low risk” thanks to higher-than-average income, strong cash flow and profitability, and lower margins and overhead costs. You may be able to get the funding you need through a traditional lender like a bank, but the application process can take months, and approval is never guaranteed. While you wait, opportunities to expand and grow can easily slip away. 

As an alternative lender, Greenbox Capital® can approve more law practice loans than traditional lenders. We can also approve your law practice funding faster, with funds deposited in as little as 24 hours. We provide several types of small business funding to help grow your law practice, with funding from as low $3,000 up to $500,000.

Law Practices Funding Solutions

We fund all legal specialties, including personal injury law, business law, family law, immigration law, real estate late, and more. Our expert Funding Advisors will work closely with you to determine which funding option will help you achieve your goals without compromising your practice’s cash flow.

Merchant Cash Advance

You’ll receive working capital now, and we’ll receive a percentage of your daily or weekly credit card sales until the terms of the advance have been met. Ideal for businesses with a high volume of credit card sales.

Merchant Cash Advance
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Small Business Loan

Our business capital loans are typically between $20,000 and $60,000, but start as low as $3,000 and reach as high as $500,000 depending on the needs of your business. Ideal for businesses seeking short-term financing to grow.

Small Business Loan
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Collateral Loan

A secured loan that uses commercial real estate to reduce the cost of the loan. With a secured loan, small business owners can often qualify for more funding or better terms. Ideal for businesses looking for longer-term funding options.

Collateral Loan
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Business Line of Credit

Borrow as much or as little as you need without the obligations of a fixed term loan. Draw and repay as you go and pay interest only on the portion of money you borrow. Ideal for businesses looking for flexible funding.

Business Line of Credit
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Invoice Factoring

Sell us your pending invoices in exchange for the net amount in cash. You’ll receive the balance of the invoices’ value when we receive payment (minus our fee). Ideal for businesses with long accounts receivable periods.

Invoice Factoring
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How To Use Law Practice Funding

Law practice funding can provide the infusion of working capital your practice needs to meet the unique challenges of running a law office, such as:

  • Long accounts receivable periods
  • Contingency cases that restrict cash flow
  • Keeping up with rapid technology changes
  • Size of practice—in a private practice, operating costs are the responsibility of the sole owner; in a group practice, operating costs are shared between all owners

An alternative law practice loan can also provide the cash flow you need to improve or expand your practice. Use your funding to:

  • Purchase new office equipment, such as scanners or computers
  • Renovate or remodel your office to offer clients a more comfortable experience
  • Hire experts or additional support staff to assist with a case
  • Expand your practice or acquire another practice
  • Improve cybersecurity
  • Invest in continuing education and training
  • Energize your marketing and advertising to bring in more clients

How Law Practice Funding Works

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    Submit your 1-page application

    After you submit your application, a Funding Advisor will reach out to you within 1 hour (during regular business hours) to discuss your options.

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    Choose your funding

    Your Funding Advisor will work closely with you to determine which small business funding option will help you achieve your goals without compromising cash flow.

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    Get funded

    Once you and your Funding Advisor determine what funding option will work best for your business, your funding can be approved and deposited within 24 hours.

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    Repay your funding

    Repayment terms will depend on what kind of alternative law practice loan you use. Terms are set in advance so you know what to expect and can plan accordingly.

Will You Qualify?

Approval for law practice funding from Greenbox Capital is based on more than just your credit score. We focus on the overall health of your law practice, including:

  • Business revenue
  • Cash flow
  • Vendor payment history
  • Years in business
  • Public records

Why Get Funded by Greenbox Capital?

The application process for law practice funding from a traditional lender can take months and requires extensive paperwork, and there’s no guarantee of approval. At Greenbox Capital, we know your clients are your first priority. With our one-page application and streamlined approval process, we can fund your practice in as little as 24 hours so you can stay focused on representing your clients. 

Our requirements for law practice funding are lower than traditional lenders, but we’ll never over-leverage your firm by giving you more capital than you can manage. We’ll work with you to determine which funding option works best for your practice, and unlike traditional lenders, we’ll stick with you if you have any questions throughout the process.

Law Practices Funding Q&A

Q: I want to add environmental law to my firm and need to hire additional staff. Is an alternative loan suitable for expanding my law practice?

A: Yes, an alternative loan is ideal for expanding your law practice. Contact one of our knowledgeable Funding Advisors to discuss an option that is right for you.

Q: I’m ready to invest in law management software to streamline my operations and improve efficiency. What do I need to do to qualify for a small business loan?

A: We have a very simple application process, with same day funding available. To get started, fill out our one-page application form or speak with a Funding Advisor.