Hera business finance 

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Spread the cost of your practising certificate over 12 months

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Practising certificate funding

For practising certificate funding requirements, Hera Business Finance have specific finance solutions such as pre-approved finance ahead of the renewal date and it can be arranged to spread the cost of your liability over six to 12 months.

Funds can be paid to the practice or directly to the Solicitors Regulation Authority (SRA).

Let Hera Business Finance be your one-stop provider, arranging unsecured funding at competitive rates.

Practising certificates are an annual regulatory requirement for each solicitor in the practice for which our specialist lenders can spread the cost over six to 12 months.

  • Fast-track finance without the need for accounting information (subject to status, terms and conditions apply)
  • Competitive rates (terms apply)
  • E-signatures accepted
  • Finance pre-approved ahead of renewal date
  • Spread the cost of practising certificate liability over six to 12 months
  • Funds paid to practice or directly to the SRA

Pros

  • Access to fast-track finance without the need for accounting information (subject to status. terms and conditions apply)
  • Finance can be approved ahead of renewal date
  • Tax relief available
  • Funding can be paid directly to the SRA or reimbursed to the practice 

Cons

  • The amount borrowed must be repaid at an agreed date, with interest
  • Failure to keep up with your monthly instalments could harm your business and or personal credit rating
  • Business loans can affect the company’s gearing ratio

For a no-obligation quotation

Contact us at:

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Find the solution right for you

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Hera Business Finance is a credit broker which undertakes credit-related activities and has access to a representative range of credit products from the relevant product market on competitive terms.

Please note that our finance providers provide a fixed rate of interest on their loans.

Our third-party lenders may carry out credit searches for all directors / principals / partners and major shareholders of the business as part of the application process.

In addition, we are required to carry out anti-money laundering searches.

All applications are subject to status and underwriting.

The Law Society is an introducer appointed representative of Hera Business Finance. Hera Business Finance is a trading style of Hera Indemnity Ltd who are authorised and regulated by the Financial Conduct Authority by firm reference No:306416. Hera Business Finance is a credit broker who specialise in providing access to tailor-made business loans for solicitor firms and the SME sector for 18 years. Their experienced team will map-out a competitive funding strategy to meet the needs of your business and guide you through their fast track credit providers to ensure your funds are quickly provided. Registered in England and Wales reference number 05109563 at 2 Minster Court, Mincing Lane, London EC3R 7PD. Contact us at Office 101b, Bowen Court, St Asaph Business Park, North Wales LL17 0JE. Telephone 01745 798101 Or for more information visit www.herabusinessfinance.co.uk