Trusted advisers to funders and borrowers

We are trusted advisers to both banks and borrowers, providing specialist legal advice on banking and finance issues across all sectors.

Our team advised on around 500 transactions in the past year – deals worth around £1 billion in total – and our firm is regarded as one of the country’s leading dealmakers with extensive corporate mergers and acquisitions experience.

We act for most of the main funders active in the UK market, including the biggest international banks, mezzanine funders and crowdfunding lenders.

A significant portion of our work involves advising non funder clients in relation to their interaction with banks and financial institutions. We are trusted advisers to many of the firm’s clients, from SMEs to large corporates, on all banking and finance issues that arise in their businesses. 

Our specialists work with funders and businesses at all stages in the economic cycle, from start-up through to specific transactions and from ongoing trading issues to turnaround and restructuring.

Much of our work has multi-jurisdictional aspects and we often work with legal firms across the world in structuring and completing banking and finance transactions.

We are adept at project managing transactions to make the process as straightforward as possible for our clients and are focused on driving deals forward to ensure that we deliver the best outcome possible for our clients in the desired timescale. 

We advised our clients on around 500 transactions in the past year – deals worth around £1 billion in total for the 3rd year in succession.

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Why choose us?

The breadth of our experience with financial institutions, funds and lenders, including in-house placements at major UK banks, means we understand what's important when funding transactions - insight that is invaluable when acting for lenders and borrowers alike.

Our vast experience of advising businesses of all sizes on banking and finance matters means we also understand their key motivations and needs – this makes us ideal advisers to borrowers and gives us an extra dimension when advising funders.

We don’t simply provide the first class advice you expect from your legal advisers, we provide practical, commercially driven solutions to the issues that you face. 

Key services

For funders

We are acutely aware of the primary concerns of lenders when funding transactions and ensure that:

  • Key assets underpinning the lending are secured or otherwise protected
  • The debt and security is workable and flexible
  • All financial and other covenants are appropriate to the deal and correctly drawn
  • Our advise is clear and concise
  • We provide strategic legal solutions

For borrowers

We make it our business to understand the context in which your business operates and ensure that the requirements of your lenders and the terms of funding documentation recognise all relevant factors. We ensure that:

  • The funding solution adequately matches your needs
  • The security and lending structure does not unduly impinge on your business flexibility
  • The availability of funds is sufficiently certain
  • Covenants and defaults are not unduly onerous

Other services

General corporate and commercial banking
Advising on day-to-day lending and borrowing matters including new corporate facilities, refinancing and renewal of existing facilities and creation of security. We draft and advise on bank standard documentation, Loan Market Association (LMA) documentation, bespoke documentation and bilateral and syndicated lending.

Acquisition Finance
Advising in relation to various types of transaction, including management buy-outs, management buy-ins, mergers and acquisitions. Our experience includes transactions funded by way of senior, mezzanine and subordinated debt and private equity, regarding complex structures and sizeable deal values.

Property finance

Advising on real estate finance facilities and creating property backed security for a wide range of sectors including trading businesses, healthcare and rural & agriculture.

Project finance
Advising on high-value project finance transactions across a range of sectors. We have extensive expertise in dealing with all aspects of projects including bank and capital market funding, security structures, intercreditor arrangements, due diligence and step in arrangements.

Housing finance
Advising housing providers and lenders on high-value housing finance transactions, bank documentation advice, grant funding agreements and security documentation.

Asset finance
Advising in all areas of asset finance including acting in relation to invoice discounting and receivables, equipment finance and asset-backed lending transactions. Our expertise includes drafting and negotiating asset finance documentation and advising on this form of funding as part of acquisition finance and turnaround transactions as well as an alternative source of working capital.

Restructuring
Advising on a wide range of impaired asset solutions including equity restructuring, property participation, security enhancement and security realisation.

Professional negligence
Extensive experience of advising on professional negligence matters as it affects both those in the banking sector and their customers.

Crossborder transactions
Advising on international and multi-jurisdictional transactions with Scottish aspects. 

Our clients include

  • AIB
  • Clydesdale Bank plc
  • Clyde Group
  • Fred. Olsen
  • Genesis Renewable Energy
  • HSBC
  • Lloyds Banking Group
  • Optical Express Group
  • PV Solar Investments
  • Santander
  • Scottish Motor Auctions
  • Webhelp UK

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