At the beginning of the year, no one would have predicted that within three months, the UK would be in lock down. Businesses are having to adapt quickly; families and individuals are confined to their homes and many are trying to find a working from home balance. Our NHS workers and carers are on the front line risking their own lives to save others for which we will be forever grateful, none of us can predict what the overall lasting economic effect this virus will have across the globe but it will cause great uncertainty for many in the coming year. The Coronavirus (Covid-19) has changed life dramatically in the short term and we are all having to adapt to this strange new world.
For Affiniti Finance, now is the time our customers and Law Firms need us most, we are ready and prepared to provide support through a variety of funding products. These include commercial lending solutions, CCA disbursement loans and our recently launched Law Firm Lending Facility, which has received big interest in the market.
Whatever the claim, access to justice has always been at the forefront of Affiniti Finance’s values and we continue to assist our clients obtaining the financial justice they deserve.
The recent announcement that hearing interim payment applications for personal injury and clinical negligence claims is not a priority leaves many vulnerable Claimants at a further financial disadvantage. Affiniti Finance’s Life and Rehabilitation product is designed specifically for when claimants need additional interim financial support. These loans can be used for funding living expenses and rent or mortgage payments, as well as access to rehabilitation and therapy.
Our team continues to operate to the highest standards, we have implemented remote working to ensure continued service to Law Firms and clients. Our custom IT systems are designed for seamless integration with our Law Firms, they provide real time visibility for of their cases via our Law Firm Portal with the option of live chat and phone lines direct to our dedicated support team. Our loan applications utilise e-document technology, allowing client’s and Law Firm’s documents to arrive in seconds, meaning that despite disruptions to the UK postal service, our application journey is not impacted.
The overall financial impact of the Coronavirus on businesses is a disruption like no other. Third Party Funding is a good solution for Law Firms to alleviate the burden of any legal spend and free their business capital to spend on other areas of the firm. Access to funding could make a huge difference in these stressful times, and Affiniti Finance is here to help.
I cannot express how proud I am of the Affiniti Finance team, who have proven their resilience, drive and positivity in these challenging times.
I hope that in this time of uncertainty, you all remain safe and at home, until normal life resumes. Affiniti Finance will continue striving to provide Access to Justice for existing and new clients and provide all the support we can to our partner law firms.