Specialty finance
MA Legal Funding
One of Australia's largest providers of disbursement funding.
We are proud to be the preferred lender to many of Australia’s largest and most respected personal injury law firms.
Our Advantage
- Reliable funding – we are part of MA Financial Group
- Competitive pricing with no hidden costs
- A simple, easy to use, portal, allowing fast payment of disbursements with minimal administration burden
- Dedicated professional team focused fulltime on delivering a high service standard
- We are a licensed lender Australian Credit Licence: 505163.
Overview of our disbursement funding solution
Structure
Direct to law firm with no separate client agreements necessary
Terms
- 100% of disbursements funded on personal injury matters
- Agreed facility limit, available to fund future disbursements as they are incurred
- Potential to include the refinance of invoices already funded
- 4 year rolling term
Pricing features
Write off allowance on eligible facilities which can be used to reduce the cost of unsuccessful matters
We also have a product for lending to clients of law firms. If you want to know more about consumer loans, please enquire below.
Our online portal
Our market-leading online portal streamlines the funding process, allowing you to manage your disbursements efficiently.
Frequently asked questions
Why would our firm use a disbursement funding provider?
The primary reason law firms use a third-party funder is to improve cash flow for their business. Personal injury matters often run for years so as firms grow the cash flow pressures increase significantly. Partnering with a funder helps ease this pressure.
Is there a limit on what my law firm can borrow?
Yes, we will agree a limit up to which you can draw based on your firm’s needs. There is no charge for having the limit in place, you only pay interest on your drawn balance.
Are there any restrictions on who we use for expert reports etc?
No, we do not get involved with the selection of vendors, we just pay invoices.
When are invoices paid?
Invoices submitted through the online portal get paid the following day. The system generates a remittance advice, and these can be automatically sent out by us, or you can download and send yourself.
Are there any compulsory repayments?
A loan repayment is required when a matter is settled, lost/abandoned, or after 4 years.
How do I know how much is repayable for a matter which is due to settle?
You can see the accrued interest referable to each matter in the portal and can generate a settlement estimate for a future date which includes interest accruing up until that future date.
Is there a write off allowance against unsuccessful or abandoned matters?
Yes, you can use your write-off allowance to meet your repayment obligations (principal and interest) for failed or abandoned matters in lieu of paying cash.
Client testimonials
MA presented as an alternate financial resource with distinct advantages over traditional funding methods. MA’s legal funding portal was tailored specifically for the demands and needs of Brydens Lawyers, catering to our particular business requirements and model.
The collaboration has afforded a level of flexibility that otherwise would not be available from traditional funding sources. Also, logistically, our collaboration has proven most effective, economic and expedient as we are using the particular funding portal made available by MA, thus enabling us to prioritise our clients matters and not be burdened with funding requirements.
MA’s team has worked most collaboratively with our financial team to identify challenges and provide solutions, with as little inconvenience as possible. They were cognisant of the particular needs and requirements of our firm and addressed same.
MA Financial provides an easy to use, cost effective solution to fund disbursements for our clients. The user portal is seamless, and disbursements are paid the next day. This allows us to keep matters moving and service our client’s better. I’d highly recommend MA Financial to any firm looking for an easy external funding solution.
To discuss your firm’s funding requirements please complete the form.
Alternatively, call or email us -
T: 1800 975 009
All lending subject to credit criteria. Terms and conditions apply.
All information provided by you, including personal information, will be held subject to MA Financial Group's Privacy Policy. Information may also be used to advise you of new developments, products and services relating to the MA Financial Group. By submitting this form you agree to MA Financial Group collecting, storing, using and disclosing personal information in accordance with MA Financial Group’s Privacy Policy.
This webpage is provided by MA Financial Group Limited (ACN 142 008 428) on behalf of MAF Credit Pty Ltd ABN 33 623 716 503, Australian Credit Licence 505163 (referred collectively as MAF) for informational purposes only and is not a solicitation of any credit product or other financial instrument. Before acting on any information contained on this webpage, you should consider the appropriateness of the information having regard to your particular objectives, financial situation and needs and seek professional advice.
