Lawbite

Lawbite is an innovative online company revolutionising legal services by providing ‘Simple Law for Small Companies’.

Clive Rich from Lawbite
Legal
Legal

We found legal services firm Lawbite flexible business finance for growth

Through years of experience working as a leading barrister and professional negotiator, founder Clive Rich was inspired to offer a legal service to small businesses that was more affordable, understandable, and accessible – providing documents, a suite of software tools for editing and sharing, and a virtual law firm wrapped around its platform.

The traditional approach can be excluding for many small businesses, and like us, Clive wanted to help more SMEs survive and grow.

Financing growth

A successful crowdfunding campaign raised the money necessary to start the company back in the Spring of 2013. Fast-forward to Autumn 2014 though, and Lawbite were looking for finance for marketing, to further accelerate their growth.

On the recommendation of one of our partners, Advantage Business Partnerships — a leading business growth coaching organisation — Lawbite came to Funding Options for help.

Flexible funding

Lawbite decided they wanted a drawdown facility, which would allow them to have funds in place when they needed, without being tied into the full amount — similar to a traditional bank overdraft.

Working capital finance can be hard to come by with traditional lenders, even for a fast-growth company like Lawbite, but luckily there’s a range of options amongst alternative providers.

A unique solution for a unique business

We found two lenders who were willing to fund Lawbite’s growth, finding the best match for the business from the dozens of alternative finance providers we work with. Lawbite is doing well, and continues to lead the charge in accessible legal services for small businesses.

Clive and his team are satisfied customers too — since the first enquiry, we’ve secured a second funding facility for Lawbite, so finding the right lender is no longer a barrier to growth.

APPLY FOR FINANCE TODAY

Business Funding UK

Let us help you find the best business finance solutions in the market. We will guide you through the whole process and make sure you get the best deal.

See your Funding Options

Match with 120+ Lenders

It’s free to apply and it doesn’t affect your credit score

Expert help throughout the process

Loans from £1000 to £20M


More customer stories

Rana from Rana's Bakery

The Gluten Free Bakery

The Gluten Free Bakery is an award winning artisan bakery specialising in gluten free sourdough bread. Founded in 2012, the bakery sells freshly made bread and baking kits to consumers, and also supplies restaurants and wholesalers.

Customer image - fdu

fdu

"I've been impressed with Funding Options. They took the time to really understand our requirements and have connected us with funding providers who have taken a commercial and flexible approach. I have recommended them on several occasions and will continue to do so."

Disclaimer:

Funding Options helps UK firms access business finance, working directly with businesses and their trusted advisors. We are a credit broker and do not provide loans ourselves. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Funding Options can introduce applicants to a number of providers based on the applicants' circumstances and creditworthiness. We are also able to make insurance introductions. Funding Options will receive a commission or finder’s fee for effecting such finance and insurance introductions.

*Eligibility criteria apply - see Tide website for full details.

Funding Options Ltd is incorporated and registered in England and Wales with company number 07739337 and registered office at 4th Floor The Featherstone Building, 66 City Road, London, EC1Y 2AL.

© Funding Options Ltd · Authorised and Regulated by the Financial Conduct Authority · Reference Number 727867