About Counsel Financial
A Financing Company for Attorneys
Credit Lines for Attorneys by Attorneys
Together with one of the largest financial institutions in the world, Counsel Financial offers flexible four-year credit lines exclusively to attorneys.
Borrowing Power up to $25,000,000
The maximum credit line is based upon the total value of your contingent case portfolio, as determined by you and our staff of attorneys, all of whom have substantial experience in contingent fee litigation. Loans and credit lines for attorneys and credit lines range from $50,000 up to $25,000,000.
Effectively Interest-Free Loans to Your Law Firm
Loan interest is 100% tax deductible as a "necessary and ordinary" business expense. Also, in most states, financing charges on behalf of client expenses can be charged back to the client. We´ll even track client expenses for you. As a result, loans for client expenses are virtually interest free!
Use the Proceeds from Your Loan for Any Business Purpose
The loan can be used for all working capital purposes, including case costs, expert witnesses, additional staff, advertising and office, case or trial-related expenses for your contingent cases.