Law Firm Cash Flow Management.
Simplified.
SmartFee works with commercial law firms across Australia. Our service makes law firm cash flow management easier than ever.
When you generate large invoices, clients may struggle to pay their bills on time. Using SmartFee allows clients to break repayments down into manageable chunks over a 3-12 month period.
With SmartFee, your invoices are paid upfront, making it easier to manage cash flow and grow your law firm.
SmartFee Improves Law Firm Cash Flow
Law firms often struggle to manage cash flow, particularly when you are generating large invoices.
Clients don’t always pay their bills on time. While it’s possible to establish payment plans, this can leave your firm holding bad debt, and it can strain your cash reserves and budget.
SmartFee is a fee funding service that works with commercial law firms and their clients throughout Australia. We provide short term loans that allow clients to pay their bills on time, reducing the pain that comes with law firm cash flow problems.
For firms, SmartFee allows you to offer more services to a greater number of clients. For clients, fee funding makes it possible to access professional advice when you need it, not just when you can afford it.
Loans for Your Clients’ Legal Fees
SmartFee Personal is a fee funding service that’s accessible to individuals and corporate clients that need the support of a commercial law firm.
Working with commercial lawyers is often the best way to look after your interests. Professional advice can go a long way, but managing the invoice can be a challenge.
If you are growing your business, purchasing property, buying assets or expanding the team, a commercial lawyer can help manage your risk. But, when lawyers come with expensive price tags, it can be a struggle to ensure your invoice is paid.
With SmartFee Personal, you can get rapid approval for legal fee funding. We’ll pay your law firm up front, breaking your repayments down over a more manageable term. For people and businesses with outstanding legal invoices, SmartFee offers:
Freedom to consult a law firm without worrying about your own cash flow
Less strain on your finances and cash reserves
Flexible repayment periods of anywhere between 3-12 months
Simple repayment conditions that suit your cash flow needs
Full payment made to your lawyer (within 3 business days of you paying the first instalment)
Pay Your Law Firm with SmartFee
SmartFee Business is a fee funding solution that’s designed specifically for commercial law firms.
Invoices grow quickly when your firm works on complex matters. This can make it difficult for clients to pay their bills on time. In turn, that impacts cash flow, making it hard to grow the business.
SmartFee serves as an alternative payment option that helps clients pay their bills up front, improving law firm cash flow management.
Our service integrates seamlessly with your other payment options. We’ll help you set up a customisable portal that displays your information and branding – clients simply need to fill out their details.
SmartFee’s services are provided at no cost to your firm. When you use SmartFee, you firm can benefit from:
- No cost to the firm
- No lock-in contracts
- No application or admin fees
- Rapid approval within 24 hours
- Full invoice paid within 3 business days
- Access to a Dedicated Relationship Manager
How SmartFee Works
SmartFee has been helping law firms manage their cash flow for over 20 years. By making it simpler to access legal services, we can provide a simple solution that allows clients and firms to stay on top of their billing.
Accessing our service consists of four simple steps:
- Clients receive a tax invoice for services they’ve accessed.
- The client completes our simple online application.
- SmartFee issues approval within 24 hours.
- SmartFee pays the full invoice to the firm within 3 business days.
The law firms we partner with receive access to my/SmartFee. my/SmartFee is a secure payment portal that can be customised with your firm’s branding.
Clients can log in to the portal and pay their bill as per normal. For clients, it’s a convenient option for breaking large invoices down into more manageable chunks. For your firm, it’s the easiest way to get paid on time, every time.
Fee Funding with a Difference
Simple sign up process
Clients can sign up to SmartFee in just a few minutes. Our online portal is user-friendly, transparent and it records all the details we need. We’ll then review the application and provide rapid approval within 24 hours.
No application or admin fees
SmartFee sets itself apart from other providers by charging no application or administration fees. This means the upfront cost to clients is low, making our service more accessible than any of the others on the market.
No lock-in contracts
Our law firm cash flow management tool comes with no lock-in contracts. Law firms are not locked into our service, and clients can pay off their loans at any time without incurring break fees or administration costs.
Full invoice paid in 3 days
We pay the full value of the client’s invoice within 3 days of receiving their first instalment. That allows clients to access professional services, and it’s a useful tool for improving law firm cash flow management.
We are here to help
If you would like more information about using or offering SmartFee, please complete the form below or contact us directly on 1300 723 243.
Connect with us
SmartFee Personal Pty Ltd ABN 44 126 530 489 Australian Credit Licence 392210