It’s incredibly important to have representation for claims on losses and compensation. At BMS Funding, we hold masses of experience in the Law sector, and have a tendency to innovate. With in-house support and expertise, we can provide Law Firms access to funding for many types of cases when needed. Our focus is always on the client, ensuring they receive the right products and services, such as access to the best medical specialists as soon as possible, and by creating highly flexible solutions for them.
If your clients have experienced an injury or perhaps an illness that has been caused by someone else’s negligence, BMS Funding can help fund your clients claim and get you justice. We provide personal injury claim capital of up to £600 per case. For RTA cases, we are interest and charge free for six months. Additionally, for employment and public liability cases, we provide this for twelve months rather than six. Our exceptional Law Firm funding options for personal injury cases allow Law Firms to act decisively, without jeopardising the cashflow.
We fund disbursement costs by providing a simple disbursement funding solution to legal practices. We don’t charge fees and interest so this means issues surrounding interest on disbursements under CFA are not applicable. We can also help you manage your current disbursement costs, serve your clients, and enhance your reputation. By taking disbursement funding, clients who could not afford to pursue claims will have the ability to access justice- rightly so.
How is it paid?
If the claim is successful, a disbursement funding loan is repaid by the losing party. If the case is unsuccessful, you will have an After the EventInsurance policy in place which will cover the repayments.
Justice is vital for all organisations; this is why we provide Litigation funding for all sized businesses. Here at BMS Funding, we provide litigation funding solutions for clients located in England and Wales. Smaller enterprises often believe that litigation funding is only an option for multi-million-pound disputes. At BMS Funding, we are committed to ensuring that entities of all sizes have access to legal services, as well as allowing them to cover costs.
How is it paid?
A litigation claim is an asset. Commercial litigation funding works by providing non-recourse money to pay any expenses from bringing a case to court. Win or lose, your clients costs will be capped at £20,000.
A common case we fund claims for is Disrepair against Housing and Local Authorities. If your Landlord refuses to repair your property, this is breaching their obligation under section 11 of the Landlord and Tenant Act 1985. BMS Funding provides funds for Law Firms to act on this case, should this happen.
At BMS Funding, we are funding specialists, so although we have a wide range of outstanding solutions, we are also able to build and provide solutions for most funding situations. This includes cost funding, WIP funding, VAT funding, short-term funding and more. If you have an idea of how funding may help your business grow, we can work alongside you to fit your needs.
It’s acceptable to say that much of the Law sector hasn’t changed. BMS Funding exists to change this, working to modernise UK Law Firms, so they can lead the way in business growth. At the heart of what we do, we recognise that we work with people. Putting our clients first is how we believe it should be.
We believe the way to create success and profits for our clients is by building ourselves on partnerships. This only works when there’s an understanding of one another, which is why we make efforts to understand how your business works, your visions and future goals. We want to share our depths of knowledge by working alongside you, your business and partners to provide you with flexible funding solutions.