CFA Cases: Client Loans for Disbursements

Clients take a loan to pay all disbursements including court fees:

  • We cover disbursements on most financial claims (such as personal injury, clinical negligence, professional negligence, housing disrepair, cavity wall, etc).
  • Repayment from the settlement / costs award.
  • ATE can cover the loan repayment if the case is unsuccessful.  ATE can also cover the interest charges (subject to the agreed terms of your insurer)
  • We offer an extended 4 year term for personal injury and clinical negligence disbursement loans
  • We can offer the option to roll up interest into the loan for an extended period
  • Client disbursement loan costs can be claimed back from the defendant if the case is successful.  Precedent defines a reasonable claim as the commercial interest rate available to the client
  • We lend 100% of the disbursements due from the client.  A client disbursement funding loan is client money to be used only for client costs.

Interest rates from 1.1% per month (13.2% per annum / £11 per month per £1,000 borrowed)

All loans are underwritten by your firm but remain off balance sheet

Security is required in the form of a solicitor's guarantee and a client undertaking to their solicitor to pay the loan balance from the proceeds of their case.

Follow this link for full details of our scheme

Email to info@lime-finance.com or call 01782 638500 or contact us

Representative Example:

Amount of credit:  £8,000 for 12 months.  Interest £1,200.  Interest rate 15% per annum (variable).  Set up fee £75 and Drawdown fee £20.  Initial payment of £95 followed by 11 monthly payments of £100 and a final payment of £8,100.  Total payable £9,295.  Representative 17.6% APR (variable)

Lime Finance, Queen's Gardens, 31 Ironmarket, Newcastle, Staffordshire, ST5 1RP

Authorised & Regulated by the FCA - 728998