Post-Liability Advance
For when liability is admitted and quantum work is ongoing.
- Applies to high volume, low case value portfolios
- Addresses the average 18-month wait to receive proceeds
Solve lock up.
Fund your firm’s growth.
We advance capital against your predictable receivables so you can invest in your practice.
Solving Lock Up
Why law firms choose
Harbour Private Credit
In cases that are settled subject to agreeing costs, or where liability is admitted or established pre-quantum, payment can still take months. This timing gap puts pressure on your cashflow, even when the underlying work pipeline is strong.
Harbour advances funding against these predictable receivables so you can invest in your firm.
Benefits include
- Advance around 70% against your eligible case portfolio
- Transparent pricing with a set rate and arrangement fee
- Fast investment decisions made within two months
- Straightforward funding process means faster access to capital
Two Facility Types
Two ways to advance cashflow
We fund a variety of claims including personal injury, clinical negligence and housing disrepair. Choose the facility that matches your practice
Bill of Costs
For cases that have concluded, subject to agreeing costs.
- Finances the period from issuing the bill of costs to payment
- Addresses the average three to six-month wait to receive funds
How it Works
How to secure a facility with us
Six steps from application to funding - we aim to complete from start to end in two months.
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Initial enquiry/ discovery call
Discussing your firm's needs and how we can help.
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Assessment
We will carry out due diligence and assess whether and on what basis we are able to provide funding.We will carry out due diligence and assess whether and on what basis we are able to provide funding.
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Legal documentation and operational onboarding
We agree legal documentation and set things up so it's straightforward for you to request advances.
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NDA and application form
Our application form sets out the information we will need from you, including costs data.
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Commercial terms
We will propose terms for a Costs Advance facility to your law firm.
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Request advance on costs
You release lock up with advances on eligible cases.
Built for your finance team
Clear terms
Structured as a purchase of receivables.
Transparent pricing
You pay a clear discount rate plus an arrangement fee.
Backed by Experience
Trusted by leading law firms
Harbour Private Credit is backed by Harbour, a well-established global brand in litigation funding.
– Elizabeth Comley, COO Slater and Gordon.We have big growth ambitions for our personal injury, clinical negligence and other practice areas. This new facility allows us to realise those ambitions. In Harbour, we found a natural partner who understands the business of law firms.
Eligibility
Who qualifies?
We provide facilities from £1million to £20 million for established UK law firms.
Eligibility criteria:
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SRA regulated
Your firm must be SRA-regulated and compliant. -
Established practice
Your practice must generate revenues exceeding £5million. -
Meaningful case volume
Your firm must hold a WIP book of legal claims exceeding £10million. -
High quality defendants
Well-resourced defendant, such as a government body or an A-rated insurer. -
Costs recovery rights
Your firm must have legally enforceable retainers and client authority/consent. -
Proven track record
You must demonstrate a successful history in matters such as personal injury, clinical negligence and housing disrepair.
Frequently asked questions
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We provide funding to law firms with advance rates of circa 70%. We finance claims where liability is admitted or established or bills of costs are issued.
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We make investment decisions in two months. We use simple documentation to keep the funding process straightforward.
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You notify your clients of the assignment to us, otherwise the relationship remains unchanged.
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We target high-volume, low-value portfolios with predictable durations. This includes personal injury, clinical negligence, and housing disrepair claims.
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We provide facilities ranging from £1 million to £20 million for targeted firms.
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We hold cross-collateralisation rights over all purchased receivables. If one claim under recovers, we apply returns from others, and your firm makes up the difference.
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We review your financials, portfolio data, costs, evidence, and compliance.
Form
Check your eligibility
Privacy note: We respect your privacy. Your details will only be used to assess eligibility.
Next Steps
Ready to fund your growth?
Complete the form to check eligibility, or request the pilot pack for more information.