With our proprietary case expense financing software, AdvoTrac®, our goal is to meet the unique needs of your firm and make the process simple from beginning to end. For example, sometimes our law firm clients need to make a partial payment on a case, so we’ve made sure this is possible and easy to do.
Why would a firm make a partial payment? There are a few reasons. Sometimes our attorneys split costs with other attorneys, and they pay down the line as they receive payments.
Other times, you may cut a check, which is later voided or canceled. Clients can repay that portion to their principal to avoid increasing finance charges.
Sometimes you may receive a payment from the client during a case and can apply those funds toward the principal.
Whatever the reason, Advocate Capital, Inc. wants to make the process easy for you, which is why this is available on our portal.
Advocate Capital, Inc. offers free, unlimited training. If you want more information on this feature or a demo of AdvoTrac®, please contact us at trainingteam@advocatecapital.com or 615-577-1000.
*AdvoTrac® is Advocate Capital, Inc’s proprietary software platform used to track lines of credit on a case-by-case basis. The case-by-case tracking of borrowing costs makes it possible for Advocate Capital, Inc. clients to reduce their net cost of capital to below 1% (on average) by recouping their borrowing costs from their cases.
