Release the cash you have tied up in your ongoing cases

Cash flow is the lifeblood for all firms and the timescales to receiving costs for serious brain injury and medical negligence claims present a challenge for even the best law firms.

FLEXIBLE TAILOR-MADE SOLUTION ALIGNED TO A CLINICAL NEGLIGENCE FIRM’S CASH FLOW

For multi-track or high- value cases creates a financial burden on the firm. VFS assists by releasing the WIP and cash tied up in existing cases. By proving simple competitive cashflow solutions we increase your financial muscle. Disbursement Funding Facility (DCF) can be used to fund disbursements and issue fees on an individual file basis including releasing cash tied up in disbursements already incurred releasing up 100% of the external disbursements incurred on each case. Costs Advance Funding (CAF) This is our most popular product and comparable to invoice discounting and can be used when a law firm has won a case and the bill of costs has been served. VFS will advance funds against the settlement of the expected costs. This enables the firm to negotiate the right settlement and accept a lower offer just to get the case settled.

Third parties ‘dragging their feet on complex High Costs Case Funding (HCF) For higher-value cases claims means payment is often received many where there is an admission of liability, VFS can release part years from the start of the WIP already incurred of the case. Don’t let cash flow restrict the growth of your firm or The uncertainty that surrounds the funding required for such and disbursements to date. This aids cashflow and is repaid upon the natural affect the service to your complex cases often leaves firms in conclusion of the case. clients. VFS has been providing a difficult position when VFS takes care of the funding and cash flow enabling the funding facilities to Law firms forecasting cash required to run a law firm to do what it does for over a decade specialising in high-value, complex litigation. The uncertainty that case or how they compensate for the cases that lose. best and focus on the case and achieving the right outcome. ■ surrounds the funding required for such complex cases makes forecasting cashflow difficult for firms.

Our Disbursement, Cost Advance and High-Cost case funding have made us the funder of choice for legal firms providing over £150 million of funds to over 90 firms.

Funds can be used for any purpose and our regulatory compliant documentation, low interest-only payments and repayment aligned to the individual case all ensure a smooth cash flow. To find out more about how we can assist

Our core products are specifically designed with Personal www.vfslegal.com or for an informal chat telephone Injury and clinical negligence cases in mind. 0203 747 9333 or email enquiries@vfslegal.com