Our loans are designed to alleviate the stress of funding legal proceedings.
Novitas Loans was founded in 2011 to help people involved in legal proceedings access legal representation.
Novitas has now ceased lending to new customers who require litigation funding.
We will continue to focus on managing existing cases in the best interests of our customers and to process drawdowns against existing loan facilities. We will also continue to consider applications for extension funding.
Part of Close Brothers
In 2017, Novitas became part of Close Brothers Group plc, one of the UK’s leading merchant banking groups.
Listed on the London Stock Exchange Close Brothers provides lending, deposit taking, wealth management services, and securities trading. The group employs over 3,000 people, principally in the UK. Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250.
Close Brothers dates back to 1878, built on traditional values of integrity and excellent customer service. These values hold strong today, forming a ‘modern merchant banking’ approach.