Overview

When a Manchester-based panel law firm identified the emerging potential in PCP car finance mis-selling claims, they faced a significant challenge. While the opportunity to enter this lucrative market was clear, the complexities of these cases—long timelines for payouts, the need for detailed expert reports, and substantial upfront costs—posed substantial financial hurdles. iQuote stepped in to provide targeted ATE-backed disbursement funding, enabling the firm to navigate these obstacles confidently and expand into this high-growth sector.

The Client Challenge

The law firm was already well-established in traditional legal claims but saw the rising wave of PCP car finance cases as a strategic growth opportunity. These cases were particularly attractive due to their recoverable amounts and potential for client impact. However, the lengthy timeline required for resolution presented a major barrier.

The firm found itself constrained by the need for significant upfront funding for expert reports—documents essential to building a strong case. Without the financial resources to absorb these costs, and with investors cautious about the risks associated with long payout periods, the firm risked falling behind competitors in a rapidly evolving market.

The challenge wasn’t merely financial. The firm also needed to maintain its reputation for reliability and high success rates while managing the complexities of expanding into an unfamiliar case type.

iQuote’s Solution

Understanding the firm’s challenges, iQuote delivered a disbursement funding model designed to support their specific needs. The funding focused exclusively on recoverable expert report costs, ensuring that the firm could confidently pursue cases without straining its financial resources.

Each funded case was meticulously evaluated through a rigorous eight-step audit process. This ensured that only cases with strong success potential received backing, reducing financial risk for both the firm and its investors. With ATE insurance securing the recoverable costs, the funding model provided an added layer of protection, allowing the firm to maintain its financial stability while taking on cases with longer timelines.

Additionally, iQuote provided strategic support to help the firm adapt to the nuances of PCP cases. This included insights into optimising resource allocation, navigating the long payout timelines, and integrating the firm’s existing processes with the demands of this new case type.

Results and Impact

With iQuote’s funding and strategic guidance, the law firm successfully expanded into the PCP car finance market. This new avenue not only diversified the firm’s portfolio but also established them as a leader in an emerging area of legal claims.

The financial support ensured that the firm could pursue these cases without the burden of upfront costs, freeing their resources to focus on building strong cases and advocating for clients. The funding model also allowed them to maintain stable cash flow, critical for operational efficiency and client trust.

The results were transformative. By leveraging iQuote’s solution, the firm achieved a remarkable 98% success rate in the funded cases. This was a testament to the combination of the firm’s expertise and iQuote’s rigorous audit and funding approach. Clients benefited from higher settlements, including cases like PCP mis-selling, which provided life-changing financial recoveries for individuals who had previously felt powerless.

“iQuote’s targeted funding gave us the financial freedom to confidently expand into PCP claims. Their ATE-backed solution allowed us to navigate long timelines without risking cash flow. We’ve not only grown our practice but also delivered better outcomes for our clients.”

Key Statistics

The partnership between the Manchester panel law firm and iQuote yielded significant, measurable results that highlighted the impact of the disbursement funding model.

98% Case Success Rate
Through a rigorous eight-step audit and a focus on proven case types, the firm maintained a high success rate, reinforcing trust among clients and investors.

40% Revenue Growth
The firm achieved a 40% increase in revenue by diversifying its case portfolio with PCP claims, supported by iQuote’s funding.

Why Investors Should Care

This case study underscores the critical role of iQuote’s ATE-backed disbursement funding in enabling law firms to scale strategically. By covering recoverable costs and reducing financial exposure, the funding model provided the stability needed to explore new growth opportunities confidently.

For investors, the approach represents a secure and scalable investment pathway. The focus on proven case types, backed by rigorous audits and ATE insurance, ensures predictable returns and minimises risks. As legal markets evolve, solutions like these offer an opportunity to support innovation and growth while maintaining financial prudence.

Conclusion

iQuote’s disbursement funding proved to be a game-changer for the Manchester panel law firm. By enabling them to enter the emerging PCP car finance market, iQuote helped the firm achieve measurable growth, maintain financial stability, and deliver exceptional results for clients.

This case study is a powerful example of how iQuote’s innovative funding solutions drive success for law firms while safeguarding investor confidence. With a commitment to tailored strategies and financial security, iQuote is reshaping how law firms approach complex, high-value cases.