Probate Client Loans

Clients take a loan to pay your professional fees/costs, probate fees and as a bridging loan to pay inheritance tax:

  • Repayment from the inherited assets
  • Contested and non contested cases covered
  • Interest payments can be deferred

Interest rate 1.25% per month (15% per annum / £12.50 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:  £25,000 for 12 months.  Interest £3,750.  Interest rate 15% per annum (variable).  Set up fee £75 and Drawdown fee £20.  Initial payment of £95 followed by 11 monthly payments of £312.50 and a final payment of £25,312.50.  Total payable £28,845.  Representative 16.5% APR (variable)

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

Authorised & Regulated by the FCA - 728998