Increasingly, businesses who need to obtain working capital or invest in equipment are using asset-based and receivables finance to raise funds in an affordable and secure way. Financiers also favour such facilities because they provide a clear asset-base upon which to recover their investment in the event of default.
Asset-based finance and receivables finance have become increasingly important sources of business funding
Whether you are a business raising funding or a financier providing it, you need to understand the legal and commercial issues commonly involved in these facilities, as well as the relevant tax and accounting issues.
We advise major asset-based and receivables financiers in their provision of factoring and discounting, as well as companies seeking facilities from such financiers. From drafting facility and security documents to advising on the proposed purchase of specific debt types and funding of specific assets, our advice is rigorous but pragmatic. We also advise financiers who are funding transactions such as MBOs, MBIs and other corporate transactions, who need to take recovery action or whose clients enter into a formal or informal insolvency process (including restructuring).
Keystone's experts provide a full range of advice in this area including:
- Consumer credit
- Debt advice
- Financial services
- Guarantee, indemnity and warranty enforcement
- Insurance-related advice
- Inter-creditor arrangements
- Loan, lease, hire-purchase, conditional sale and block discounting agreements
- Receivables finance facilities
- Registration requirements
- Regulatory issues
- Security documents
- Security enforcement and insolvency processes
- Single debtor and sales ledger recovery action
- Transactional funding
For further information, please email email@example.com or telephone 020 7152 6550 to speak to a Keystone Partner.