This is an innovative product that benefits both accountants and their clients.
Professional Fee Funding allows clients to break large professional fees into monthly instalments (to a maximum of 10 months), while offering the professional firm full payment within 15 days of approval.
It is a simple, cost-effective method of reducing the cash flow impact of substantial payments … and requires no ‘bricks and mortar’ security. Additionally, credit charges are tax deductible.
Ledge facilitates the accreditation of accountancy practices, enabling them to offer Professional Fee Funding directly to clients as a ‘value-added’ product, while tightening their own credit control and enhancing cash flow.