Slater and Gordon has successfully renewed its committed financing facility with Harbour, securing an improved £30 million loan agreement that reinforces the firm’s financial strength.
The new facility, which replaces the previous arrangement, extends for a minimum of three years and builds on Slater and Gordon’s established relationship with Harbour, a leading provider of finance to law firms.
This follows the £30 million equity raised earlier this year, ensuring robust financial backing to support continued investment in client services and access to justice.
Nils Stoesser, CEO of Slater and Gordon, said: “This new facility reflects the progress we’ve made and the strength of our partnership with Harbour. It provides financing certainty for the next three years and ensures we have the resources to deliver on our strategic priorities, in support of our clients and the Slater and Gordon team.”
Ellora MacPherson, Managing Director and Chief Investment Officer at Harbour, added: “This represents the next stage in what has been a long-standing and constructive relationship with Slater and Gordon: supporting the firm’s aspirations in terms of client service and delivery.”
Over the past two years, Slater and Gordon has focused on strengthening its core practice areas: family law, employment, and personal injury, while investing in technology and client experience. The firm has also expanded its capability to represent individuals and consumers in large-scale group actions.
