Located in Lombard Street since 2012, Rhea Professions Finance (previously Hera Finance Ltd) is today one of the leading specialists in providing tailor-made business finance loans for the professional sector, and offer a range of innovative and flexible loans to suit most funding requirements.
We are pleased to announce that Hera Finance has changed its name to Rhea Professions. This is part of a wider group re-structuring, where Rhea Professions Finance will be a trading style of Rhea Group Ltd - previously Hera Finance Ltd. The re-structuring not only reflects our determination to be a leader in our sector, but importantly it will enable us to provide our clients with more products and services.
The perfect opportunity for the legal profession to discuss business finance.
Hera Finance has a strong reputation amongst the legal profession and are specialists in providing tailor-made finance loans for law firms.
Legalex, supported by The Law Society, has certainly gained a reputation as “must visit” for legal professionals and for Hera Finance it is no different.
Richard Martin, Hera Finance’s Head of Business Funding, says “these figures are very significant as they highlight not only that businesses have confidence in the UK economy, but once again they are turning to asset finance as a form of investment. In the first half of 2015, new asset finance business amounted to £14.3 billion – the best figures since the financial crisis in 2009.”
Following the undoubted success of last year’s exhibition Hera Finance will again be exhibiting at Legalex, to be held at Excel London on Wednesday 13TH May and Thursday 14th May 2015.
Legalex, a national event for the UK legal profession and supported by The Law Society, is entirely dedicated to the business needs of legal firms’. The event combines a full-scale exhibition with a comprehensive conference, with many seminars to choose from for solicitors and legal professionals.
It was announced last week that the Legal Services Board (LSB) had rejected plans by the Solicitors Regulation Authority (SRA) to reduce the minimum level of Professional Indemnity cover for law firms from the current level of £2 million to £500,000.
The SRA recommendations had been roundly criticised by The Law Society, Local Law Societies, the Legal Services Consumer Panel and the Council of Mortgage Lenders.
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