Level is a UK-based, FCA-regulated lender operating in the family and private client law sectors. The firm provides lending solutions tied to legal matters, including probate finance to help beneficiaries access funds to pay IHT bills before probate is granted or assets are sold. Level has secured new capital to support its growth plans. It received a £5m equity investment from private equity firm Kendal Capital and an additional £5m of debt from Correlation Risk Partners. Level also acquired probate finance provider Tower Street Finance, giving it a presence in the probate lending market. Management says that probate lending is forecast to grow rapidly due to lengthy probate processing delays and the cost-of-living crisis. Level is a UK-based, FCA-regulated lender serving the family and private client law sectors. Founded in 2017 by CEO George Williamson, the company provides funding to cover legal costs for individuals going through divorce and supports clients and law firms in family law proceedings, probate, and related matters. Level works with over 200 UK law firms and has funded hundreds of cases and clients. Its core product is legal-cost financing to individuals and law firms involved in family-law and probate cases. The company operates under FCA regulation in the UK. Level is an independent lending boutique focused on divorce litigation finance. The firm provides funding to cover the legal costs of individuals going through divorce. Level’s core product is financing legal expenses for divorcing clients. The article notes that Quilam Capital has backed Level. No details on Level’s future plans or product expansion were provided in the article. The piece did not disclose any operating metrics, revenue, user counts, or other financial details.

Total raised

$40M

Funding rounds

5

Latest round

Debt Financing

Latest activity

May 2024