A North Yorkshire family law firm has secured a £165,000 loan to support its growth from NPIF – Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund.
Harrogate Family Law has almost doubled the size of its team from eight to 15 in the past two years and has recently moved to larger premises across the road from its previous office in Victoria Avenue, close to the town’s family court. The funding will provide additional working capital to enable it to further expand the team and take on additional casework.
Harrogate Family Law covers all areas of family law, specialising in financial settlements on divorce. The practice was founded in 2010 by Andrew Meehan, who had a background working in big law firms, and who continues to lead the business alongside director, Laura Mounsey.
Andrew, the Managing Director, said: “After 13 years in Harrogate, we are now firmly established on the legal landscape and continue to grow on the back of referrals from satisfied clients. A key part of our success lies in our people.
“Family lawyers not only need legal expertise – because they are dealing with people at some of the difficult times of their lives, they also require emotional intelligence and the ability to think on their feet amidst the pressure of family breakdown.
“We will continue to grow and build the team while ensuring we choose the right people so we can deliver the best service to our clients.”
Andy Clough of Mercia said: “Andrew and the team have established a strong track record and are now recognised as one of the leading family law practices in North Yorkshire.
“Having outgrown its previous home, the firm has now moved to new premises with additional capacity and is set to embark on the next phase of its growth. The funding will support it on that journey.”
Pete Davidson of Redsky Finance provided fundraising advice to the company.