We found legal services firm Lawbite flexible business finance for growth
Through years of experience working as a leading barrister and professional negotiator, founder Clive Rich was inspired to offer a legal service to small businesses that was more affordable, understandable, and accessible – providing documents, a suite of software tools for editing and sharing, and a virtual law firm wrapped around its platform.
The traditional approach can be excluding for many small businesses, and like us, Clive wanted to help more SMEs survive and grow.
A successful crowdfunding campaign raised the money necessary to start the company back in the Spring of 2013. Fast-forward to Autumn 2014 though, and Lawbite were looking for finance for marketing, to further accelerate their growth.
On the recommendation of one of our partners, Advantage Business Partnerships — a leading business growth coaching organisation — Lawbite came to Funding Options for help.
Lawbite decided they wanted a drawdown facility, which would allow them to have funds in place when they needed, without being tied into the full amount — similar to a traditional bank overdraft.
Working capital finance can be hard to come by with traditional lenders, even for a fast-growth company like Lawbite, but luckily there’s a range of options amongst alternative providers.
We found two lenders who were willing to fund Lawbite’s growth, finding the best match for the business from the dozens of alternative finance providers we work with. Lawbite is doing well, and continues to lead the charge in accessible legal services for small businesses.
Clive and his team are satisfied customers too — since the first enquiry, we’ve secured a second funding facility for Lawbite, so finding the right lender is no longer a barrier to growth.APPLY FOR FINANCE TODAY
Let us help you find the best business finance solutions in the market. We will guide you through the whole process and make sure you get the best deal.See your Funding Options
Match with 120+ Lenders
It’s free to apply and it doesn’t affect your credit score
Expert help throughout the process
Loans from £1000 to £20M
"Getting this funding quickly has really helped in a time of need, and now I’m interviewing for staff with the new forklift truck already in place. To buy this equipment urgently, I was in the corner, and it was a real blessing to have the alternative - it was a pleasure dealing with Funding Options."
Kame Logistics specialises in road freight transportation. Based in Yorkshire, the firm helps other small businesses move freight all over the UK.
Disclaimer: Funding Options helps UK firms access business finance, working directly with businesses and their trusted advisors. We are a credit broker and do not provide loans ourselves. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Funding Options can introduce applicants to a number of providers based on the applicants' circumstances and creditworthiness. We are also able to make insurance introductions. Funding Options may receive a commission or finder’s fee for effecting such finance and insurance introductions.
*Eligibility criteria apply - see Tide website for full details.
Funding Options Ltd is incorporated and registered in England and Wales with company number 07739337 and registered office at 4th Floor The Featherstone Building, 66 City Road, London, EC1Y 2AL.
© Funding Options Ltd · Authorised and Regulated by the Financial Conduct Authority · Reference Number 727867