Funding for Law Firms
A firm's value sits in its caseload, which banks cannot read and will not lend on. Broadway underwrites off your operating account instead — the deposits your practice actually generates, whatever the docket looks like.
A law firm's books are a timing puzzle. The contingency side carries cases for months or years, paying experts and court reporters out of pocket the whole way, with the payoff arriving all at once or not at all. The hourly side bills promptly and collects slowly. Against all of it run the costs that never pause: associates, paralegals, rent, malpractice coverage, research subscriptions, and the marketing that keeps the intake phone ringing. Banks want collateral; your biggest asset is work in progress they cannot value. Broadway reads three months of bank statements instead — one short form, a soft credit pull, a same-day decision, and funding in as little as 24 hours when a trial calendar will not wait.
The challenge
Contingency work means fronting 100% of case costs — experts, depositions, filing fees — for months or years before a settlement pays. Hourly clients are not much faster: even good ones pay net 30 to 60. Payroll is biweekly either way.
How Broadway Advance helps
A firm's value sits in its caseload, which banks cannot read and will not lend on. Broadway underwrites off your operating account instead — the deposits your practice actually generates, whatever the docket looks like.
What owners use it for
- Front expert witnesses, depositions, and filing fees on contingency matters
- Carry payroll and overhead through a long trial or a slow settlement quarter
- Fund intake marketing — PPC, SEO, and referral development — that keeps cases coming
- Hire an associate or paralegal ahead of a growing caseload
- Bridge slow-paying hourly and corporate clients
- Buy out a partner or acquire a retiring attorney's practice
See your real number in about five minutes.
Apply nowFunding options that fit law firms
Business Line of Credit
A revolving cash reserve you only pay for when you draw on it.
Flexible limits →Term Loan
The lowest rates and longest terms, with predictable monthly payments.
Up to $5,000,000 →Merchant Cash Advance
Immediate cash today in exchange for a small slice of future sales.
Up to $2,000,000 →Law Firms funding questions
Our revenue is lumpy — big settlement months, then quiet ones. Can we qualify?
Yes. Lumpy is normal for a contingency practice, and the funders we work with who do law firms know it. We look at three months of bank statements for the overall picture, not a single quiet month. A line of credit fits this rhythm especially well: draw during the carry, repay when settlements land, pay only for what you use. If the file supports it, you will have a same-day decision.
Is fast capital a reasonable way to fund case costs?
Sometimes, and you should price it like the business decision it is. Fast capital costs more than bank money — but turning down a strong contingency case because you cannot front the experts costs more still. For a firm with steady deposits, a line of credit is usually the cheaper recurring tool; a cash advance is the speed play when a trial date moves up. We broker both across 25+ funders and will show you the math side by side.
Does applying affect my personal credit or show up anywhere public?
The application starts with a soft credit pull, which does not affect your score the way a hard inquiry does. There is no public filing just for applying, and no obligation attached to a decision — you see the offer first, then choose. The whole file is one short form plus three months of bank statements. Most firms have a same-day answer, which means you can price the capital against a case deadline with real numbers instead of guesses.