Page 9 - Hera Business Finance - Do you require business finance

Practice Acquisitions & Partnership

Buy-ins and Buy-outs

Law Practice Acquisitions

Our lenders offer Law Practice Acquisition and Merger credit facilities which are

offered to both the legal profession and SME sector, guided by our experienced
account managers who will keep the process short and simple.

Partnership Buy-in / Buy-out

Partnership buy-in and buy-out finance is usually over three periodical payments
with each spread over five years or funded in one lump sum payment over the

same five-year period, to which additional support can come from your bank.

Pros

• Maintains cash reserves enabling you to invest the funds elsewhere within
the business

• Can help to boost sales and improve cash fl ow
• Funding can be spread over fi ve years
• Tax relief available
• Funding is unsecured

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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