Banking & Finance | Factoring & Invoice Discounting
We advise several asset-based lenders and providers of factoring and invoice discounting facilities. We also advise those requiring such finance.
We advise on:
- facility and security documentation
- reviews of trading terms
- inter-creditor arrangements
- director guarantees
- fraud and recoveries from guarantors and warrantors
- using facilities to finance “phoenix” companies and guiding clients through the pre-pack administration process
Our expertise:
Our broad base of client financiers, and experience of acting for a wide range of recipients of invoice discounting and factoring funding using market-standard and bespoke documentation, helps us apply our experience to new transactions in different sectors.
We act in resolving disputes between creditors and provide commercial and enforcement strategies to maximise recoveries.
We help those needing finance structure and put in place finance and source finance, and negotiate the terms and documentation.
Our experience:
- acting for the UK’s leading provider of such facilities on funding acquisitions and management buyouts
- advising clients on enforcing and defending guarantee claims and warranties
- advising on putting in place invoice-discounting facilities across multiple jurisdictions for a global recruitment company
Related Expertise
Our Team
Articles & Publications
The Economic Crime and Corporate Transparency Act (the “Act”) has introduced a number of reforms to Companies House in March this year. One of the Act’s aims is to improve corporate transparency and enhance the role of Companies House.
In our latest review we reflect on some notable developments and trends in UK corporate and commercial law.
The UK government has been exploring a programme of wide-ranging reforms to the listing regime since 2020. This was driven in part by market feedback indicating that the UK listing regime was regarded as overly burdensome and deterring companies from listing in the UK.
In the second part of our year end recap, we reflect on some of the more notable developments of the past 12 months in the areas of Mergers & Acquisitions, Corporate Governance and Business Crime.
The corporate finance regulatory framework is experiencing seismic shifts as the UK government looks to implement change necessitated or facilitated by Brexit and to maintain and enhance the UK’s position in the global financial marketplace. As we approach the year end, we recap on the status of some of the key changes and developments in the UK’s corporate sector over the past 12 months.
As we enter a new year, environmental and social responsibility becomes an ever brighter light on the radar of business. A series of diverse drivers have converged to ensure that ESG (Environmental, Social, Governance) has become or is fast becoming a top priority for businesses across the globe.
Our Capital Markets Briefing covers the FCA Task Force on climate-related financial disclosures, the UK Secondary Capital Raising Review, the UK Prospectus regime review and the FCA confirming that it will be extending to standard listed companies the obligation to make climate related disclosures.
In our latest briefing, we look at warranty disclosures following the recent Court of Appeal ruling in Butcher v Pike [2021] along with warranty claims and interpretation of financial caps following the High Court decision where a claim for breach of warranties in a share purchase agreement was considered.
On 15 November 2021, the government published new National Security and Investment Act 2021 (NSIA 2021) guidance on notifiable acquisitions and updated guidance on what to expect when an acquisition is being reviewed and assessed.
Following the UK’s departure from the EU on 31 January 2020 the UK-EU Withdrawal Act (EUWA) provided for a transition period (which ended on 31st December 2020) during which the UK’s listing regime remained unchanged.