Business Loans

Riordan Capital are your specialists in the legal industry, which means we understand your business and know what you are looking for when choosing a loan.

Having a specialist legal financier on your side means you can focus on the important things like growing your practice, knowing that we will take care of the details for you. Whether you are looking to buy into a partnership or chambers, acquire new premises, or need assistance with equipment or cash flow, Riordan Capital is able to help.

Contact us today for an obligation free discussion about your business finance options.

 

Buy a Practice

Equipment & Fitout Finance

Acquiring Premises

Partner Loans

Finance for Barristers

Pay Business Expenses

Boost Cash Flow

Refinancing

 

 

Buy a Practice

So you have decided to buy your first practice or expand your current business. These are big decisions and it is important to do your research. Arranging finance doesn't have to be a hassle when you have Riordan Capital doing the hard work for you. We have access to industry-specific loans and products, and focus on getting you the best deal in a swift and timely manner.

Contact Riordan Capital today to make an appointment.

 


 

Equipment & Fitout Finance

Old equipment can be a drain on your productivity and finances. Staying on top of the game when it comes to computer and office systems is vital in running a practice well. Similarly, updating your office can help attract and retain clients and boost employee morale. Equipment and asset finance can be used to buy new and used business equipment (such as computers, photocopiers, and motor vehicles), or complete a new office refurbishment. The different financing options that may be available to you include:

  • Commercial Hire Purchases.
  • Financial and Operating Leases.
  • Chattel Mortgages.
  • Novated Leases.
  • Technology Rentals.

The different options available to you can be complex, so it is important to speak with a specialist such as Riordan Capital as well as your accountant or tax advisor. Contact us today.

 


 

Acquiring Premises

One of the bigger investments in running your own practice is the acquisition of your premises. Not only is it probably one of the more expensive investments, it is also one of the most important to get right. The location, the style, the size are all important matters which can affect the success of your business.

Riordan Capital have expertise across all commercial property types (including Barristers' chambers), and can help you find the right finance option. We are also able to assist if you are buying commercial property as an investor or via specialist structures such as your Self Managed Superannuation Fund.

Get in touch with Riordan Capital..

 


 

Partner Loans

Existing and aspiring Partners are often asked to contribute initial or ongoing equity and loan capital amounts. These funds are typically used to cover the establishment of the business, operating expenses, growth strategies, or unexpected events.

Riordan Capital can help you and your firm across a range of scenarios, including Partner buy-ins or retirements, and Partner working capital loans.

Speak with Riordan Capital today to find out more.

 


 

Finance for Barristers

Barristers’ financial needs are somewhat different to that of a solicitor. When you start out as a reader, you will need to have sufficient monetary reserves to pay overheads, even though you may not be getting much work. You will have clerks fees, room fees and library fees to pay regularly so you will need the cash to keep flowing. Subject to your own personal situation, an unsecured loan or an overdraft might be a solution for you.

Then once you have established yourself, you may consider buying in to a chambers. There are a number of different finance options available to fund this purchase.

To find out about more ways we can help you with your finance options at the Bar, talk to us today.

 


 

Pay Business Expenses

To ensure your practice runs smoothly, it is important that you are aware of and stay on top of your regular expenses. Whether it be a need to pay for CPD seminars for your staff, upgrading computer software, or even covering regular utility bills, having the right tools and finance options in place can ease the pressure when expenses arise unexpectedly.

In setting up their practice, many lawyers will arrange short term finance solutions to manage these everyday expenses. Some of the solutions include:

  • Line of Credit or Overdraft Facilities;
  • Business Credit Cards;
  • Unsecured Business Loans.

Talk to Riordan Capital to see what options are available to you.

 


 

Boost Cash Flow

Managing cash flow is key to the long-term success of your practice. Unfortunately, it is not uncommon for a profitable firm to suffer hardship in the short term because of cash flow difficulties. Cash flow finance can help you cover these periods by allowing you to borrow based on your firm's upcoming cash flow. Most cash flow finance options rely on your outstanding business accounts or other working capital or assets to provide funds to ease cash flow problems.

Want to know more, talk to us today.

 


 

Refinancing

With so many store cards and credit cards, it is easy to accumulate debt with a number of lenders, which probably means you are paying too much in interest. Consolidating these debts and refinancing can sometimes save you a lot of money in the long run. We can also check your existing finance arrangements and provide you with a second opinion.

Take a look at our Loan Comparison Calculator to see just how much you could save by making the switch. Then give us a call to see how we can help.