Page 8 - Hera Business Finance - Do you require business finance
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Practising Certifi cate Funding
Practising Certificates are an annual regulatory requirement for each lawyer in
the practice for which our specialist lenders can spread the cost over 12 months.
• Fast-track finance without the need for accounting information (terms apply)
• Competitive rates (terms apply)
• E-signatures accepted
• Finance pre-approved ahead of renewal date
• Spread the cost of Practice Certificate liability over 6 to 12 months
• Funds paid to practice or directly to the SRA
Pros
• Access to Fast-Track finance without the need for accounting information (terms apply)
• Finance can be approved ahead of renewal date
• Tax relief available
• Funding can be paid directly to the Law Society or reimbursed to the practice
Cons
• The amount borrowed must be repaid at an agreed date, with interest
• Failure to keep up with your monthly instalments could harm your business
and or personal credit rating
• Business loans can affect the company’s gearing ratio
To discuss your business finance requirements, call 01745 798 101
www.herabusinessfi nance.co.uk
Hera Business Finance are committed to a policy of Treating Customers Fairly and will always help clients to make the right fi nancial decisions.
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