Asset Based Lending
Our Asset Based Lending team, led by Partner Chris Willison, is experienced in all forms of finance in this field and act for lenders and borrowers in contentious and non-contentious matters.
Our Asset Based Lending Solicitors regularly advise on factoring and invoice discounting documents and facilities, structuring asset based loans an supporting credit and underwriting processes.
We are familiar with the operation aspects of these facilities and regularly advise on the contractual controls of managing financial facilities, draft bespoke documents, lead and document finance transactions to support business sales and acquisitions or MBO's as well as drafting entire suites of lending of documents and the security for them.
We advise upon financial facilities throughout the supply chain from purchase of goods abroad, provision and types of trade finance and purchase order finance, receivables finance, including take-on and portfolio adjustment and control, through to restructuring and refinance.
We also act to ensure recovery of assets for lenders from their clients, debtors and/or guarantors, including the use of injunctions where appropriate and particularly to support the recovery of money or assets where fraud is involved.
We have a great deal of experience in formulating, structuring, developing and documenting new products where our knowledge of the market and what is considered 'market standard' is particularly important.
Our team have worked on some of the largest, most complex and most novel products and transaction in the trade and asset based lending area including syndicated and participated facilities and both in the domestic and international markets.
Should insolvency occur, our Restructuring & Insolvency team is experienced in acting for financiers, borrowers and insolvency practitioners in restructuring facilities, effecting sales of business in insolvency, including pre-pack administrations, liquidators and winding-up as well as assisting to avoid insolvency if possible by debt, finance or corporate restructuring.