Led from London by the ‘commercial and knowledgeable’ Mike Davison and able to call upon significant resources in key regional locations, including Manchester, Leeds and Edinburgh, Addleshaw Goddard has ‘deep bench strength’ across the asset-based lending (ABL) product, from a new money, as well as restructuring/litigation perspective. This knowledge manifests itself not only in transactional work, but also helping to launch new products for established lenders, as well as working with start-ups bringing tech-led ABL products to market. As well as its core involvement in domestic transactions for lenders and borrowers, the team also continues to gain traction handling cross-border mandates, including Davison’s work for Indian-owned company Jubilant Pharma on their entry into $400m facilities with Standard Chartered Bank. Manchester-based Lauren Priest-Stephens was also involved in the aforementioned deal and is noted for her ‘superb market knowledge and practical approach’. Other recommended practitioners include Anna Hodgson, for ABL-related restructurings/insolvencies; Manchester-based Harold Brako , for ABL and receivables financing disputes; Euan Cluness, in Edinburgh, who has a specialism advising on ABL financings in the distillery sector; and Leeds-based Philippa McCarthy, whose arrival in September 2022 from Pinsent Masons LLP enhances the firm’s ABL transactional capability in the North East of the country. All named practitioners are based in London unless otherwise indicated.
Asset based lending in London
Addleshaw Goddard
Practice head(s):
Mike Davison
Other key lawyers:
Anna Hodgson; Harold Brako; Andrew Fordham; Euan Cluness; Lauren Priest-Stephens; Peter Smartt; Philippa McCarthy; Batsho Nthoi
Testimonials
‘Their bench strength (in particular the number of lawyers who understand our product) sets them apart from the other members of our panel.’
‘Mike Davison stands out from the crowd. He is commercial in approach, has great sector knowledge and adds real value.’
‘Lauren Priest-Stephens displays common sense, has superb market knowledge and has a practical approach.’
Key clients
PNC Bank and PNC Business Credit
BNP Paribas & BNP Paribas Commercial Finance Ltd
Secure Trust Bank Commercial Finance
HSBC Bank PLC & HSBC Invoice Finance Limited
FGI Worldwide LLC
Breal Zeta Commercial Finance
Bank Leumi & Leumi ABL Limited
ABN Amro Asset Based Finance
Close Brothers Group Plc & Close Brothers Invoice Finance Ltd
Omniveta DK Holdings ApS (and Group Companies)
Advance Global Capital
AIB Commercial Finance
Metro Bank
Blazehill Capital
Work highlights
Mayer Brown International LLP
Appreciated for its 'willingness to innovate bespoke solutions for complex structuring problems', Mayer Brown International LLP remains best-suited to advising lenders on complex debt financing solutions where the ABL product is utilised, either on its own, or alongside other financing techniques to facilitate often highly sophisticated solutions. A good deal of this work has a cross-border complexion, either in the context of US-originated deals or European deals for US-owned lenders; in this regard the team remains at the vanguard of the migration of US techniques/terms to the European market. Simon Fisher is key to many of these multi-jurisdictional transactions, and working alongside practitioners in the firm's Chicago headquarters has recently handled several large-scale cross-border receivable financings within the IT/tech sector. Ravi Amin, who was recently promoted to partner, also continues to impress as a result of his willingness to provide 'commercial and business-sensitive' advice, as opposed to purely what is "market", with one client commenting: 'he is so good that we consider him an extension of our team'. Alex Dell , who co-heads the team alongside the vastly experienced Dominic Griffiths , also remains vital to the firm's success both on behalf of traditional banking clients, as well as a growing number of alternative credit providers which are increasingly visible in the market. Victoria Thompson was a recent notable addition to the team, joining from Morgan, Lewis & Bockius UK LLP.
Practice head(s):
Dominic Griffiths; Alex Dell
Other key lawyers:
Simon Fisher; Ravi Amin; Charles Thain; Lynette Edwin; Daniela Dennahy; James England; Victoria Thompson
Testimonials
‘Strong and broad expertise and capability, always quick to respond when engaged on matters.’
‘The team shows a real willingness to think outside the box and innovate bespoke solutions for complex structuring problems.’
‘The lawyers have wide ABL knowledge, spanning from simple factoring to securitisations, covering a wide range of jurisdictions.’
‘Friendly, easy going, efficient, knowledgeable and reliable.’
‘Ravi Amin provides commercial and business-sensitive advice.’
‘Ravi Amin is a market-leading individual and provides consistently excellent and timely advice. He is so good that we consider him an extension of our team based on how well he understands our business.’
Key clients
JPMorgan Chase Bank, N.A.
Barclays Bank Plc
Veld Capital
Airswift
M&G
HSBC Bank
Pemberton Capital Advisors LLP
Work highlights
- Represented Barclays Bank as arranger, agent and financier, and a syndicate of banks including ABN AMRO Commercial Finance, BNP Paribas Commercial Finance, HSBC Invoice Finance (UK), RBS Invoice Finance and Secure Trust Bank, in connection with a £357.5m syndicated asset-based finance facility made available to Aurelius Capital to support the purchase of McKesson Corporation’s UK business.
DLA Piper
‘A market leader in the ABL sphere’, DLA Piper provides ‘professional and skilful advice’ to creditors and debtors, including traditional banks, independent ABL funds, corporates and sponsors, across a broad swathe of domestic syndicated and bilateral ABL transactions. The team’s geographical diversity, which includes practitioners in key regional centres including Leeds, Manchester and Edinburgh, as well as London, ensures that the firm is well-plugged in to the domestic ecosystem, while its broad international footprint marks the firm out as a sensible choice for cross-border matters. Another core strength of the team is its ability to provide advice throughout the life cycle of a deal, both at the front end (including on product development), as well as in any subsequent restructurings/insolvencies and litigation. Manchester-based partner Joseph Frew embodies this all-encompassing approach, being equally adept at handling transactional work as he is advising funders on the drafting and development of template documentation for ABL facilities. Based out of Leeds, the ‘excellent’ Sarah Day co-heads the team alongside Frew, and has garnered an excellent track record among UK and US banks as a result of her aptitude at handling relatively commoditised domestic mandates as well as highly structured and cross-border financial transactions. Neil Riley spearheads the ABL-related restructuring work from the London office, while Manchester-based Legal Director Alastair Carruthers is gaining a reputation as a ‘high-quality lawyer’, whose work for a variety of funders and companies is praised as being ‘almost partner like in how they approach working with clients’.
Practice head(s):
Sarah Day; Joseph Frew
Other key lawyers:
Stephen Bottley; Chris Roberts; Neil Riley; Allan Leal; Peter Manley; Alastair Carruthers; Rob Lyons; Charlotte Smith; Charlotte Woodfield; Rachel Holt
Testimonials
‘It is a market leader in the ABL sphere and provides professional and skilful advice.’
‘Working with Joseph Frew and Sarah Day is always enjoyable.’
‘Alastair Carruthers is a high-quality lawyer and someone who is almost partner like in how they approach working with clients.’
Key clients
ABN Amro Commercial Finance
Aldermore Invoice Finance
BNP Paribas Commercial Finance
Payoneer
Close Invoice Finance
ING Wholesale Banking
Deutsche Bank
AIG Europe S.A.
Shawbrook Bank Business Credit
ING Commercial Finance
Bibby Financial Services
Coöperatieve Rabobank U.A., “Rabobank”
Almastone
Trade and Development Bank
Work highlights
- Acted for Aurelius on the asset based financing of its high-profile acquisition of the retailer, Footasylum.
- Advised a three bank syndicate on the provision of a £135m asset based financing facilities agreement in favour of the Thomas Plant Hire group of companies.
Norton Rose Fulbright
Drawing upon 'deep industry knowledge', Norton Rose Fulbright provides 'very commercial' advice to funders, corporates and sponsors across a wide-range of ABL techniques, including in the context of bilateral and syndicated facilities. Under the guidance of the 'excellent' Michael Black, the team has forged a very successful practice handling domestic as well as big-ticket cross-border mandates. Much of the international work is for core lender client, Bank of America, which is appreciative of the firm's ability to provide complex structured advice which incorporates ABL facilities alongside other debt in the capital structure. Alex Dunn has 'extensive ABL knowledge on both UK and cross-border transactions', and is a key member of the team, as is counsel Helen Masri, who is noted for her 'exceptional technical ABL knowledge' and ability to provide 'thoughtful and creative solutions'.
Practice head(s):
Michael Black
Other key lawyers:
Alex Dunn; Charlotte Hickman; Helen Masri; Alannah Frost
Testimonials
‘The team is commercial and will not negotiate for negotiations sake, they understand the key points of concern for me as a lender and are able to explain complex legal points in a simple manner.’
‘They have deep industry knowledge and we often utilise this expertise in the initial structuring of the facility.’
‘Alex Dunn has extensive ABL knowledge on both UK and cross-border transactions. Her understanding of more complex structures is second-to- none and her knowledge and input helps us to structure innovative solutions.’
‘Helen Masri has exceptional technical ABL knowledge and is able to break down complex points so that they are easily understood. She has a great ability to balance legal risk and will often come up with thoughtful and creative solutions.’
Key clients
Barclays Bank
Bank of America
JP Morgan
Wells Fargo Capital Finance (UK) Limited
PNC Bank, National Association
Aurelius Group
Bantry Bay Capital
Deutsche Bank AG
Goldman Sachs Bank USA
Macquarie Capital Funding LLC
Work highlights
- Advising Barclays Bank as arranger of a $500m asset-based lending facility to entities related to Clayton, Dubilier & Rice LLC in relation to the acquisition of LABL Acquisition Corporation from Platinum Equity.
- Advised Bank of America as arranger of a $250m syndicated asset-based lending facility for the global shoe retailer Clarks in relation to its trading in the UK and the USA.
- Acted for new client Aurelius Group on the financing of its acquisition of the Minova Group, a carve out from the Australian listed mining company Orica, for AUS$150m.
Pinsent Masons LLP
The 'responsive, commercial and cost-effective' team at Pinsent Masons LLP displays 'excellent market awareness', as a result of many years advising funders and corporates on deal structuring utilising a wide range of ABL products, including non-recourse (including off balance sheet), inventory lending, receivables purchase facilities and back-to-back receivables financings. On the lender front, the firm is particularly well-placed to advice clearing bank clients, where it is able to leverage deep institutional relationships established not only through the ABL team, which is headed from Birmingham by Edward Sunderland, but also as a result of the firm's broader banking and real estate finance offerings. This cohesive approach also manifests itself in the ease with which the team is able to advise on deals where the ABL product is used in conjunction with other debt products, as well as in less conventional matters - including the team's recent work for RBS Invoice Finance on its debut sustainability linked ABL facility provided to the Recycling Lives Group. Birmingham-based partner Victoria Baker led on the aforementioned deal and is appreciated for her 'commercial mindset whilst recognising and being able to articulate the core legal issues'. For "bad book" work, the team is able to call upon the expertise of numerous strong restructuring lawyers with deep understanding of ABL products. Key among these is Amy Flavell, whose expertise covers formal insolvency, distressed transactional work, as well as advice in a risk management context. All named practitioners are based out of Birmingham.
Practice head(s):
Edward Sunderland
Other key lawyers:
Amy Flavell; Ian Falconer; Victoria Baker
Testimonials
‘Pinsent Masons’ ABL team are one of the market leaders – they are pragmatic, responsive and deliver a good service.’
‘The responsive, commercial and cost-effective team displays excellent market awareness.’
‘Victoria Baker has a commercial mindset whilst recognising and being able to articulate the core legal issues.’
Key clients
Shawbrook Bank Limited
Arbuthnot Commercial Asset Based Lending Limited
IGF Invoice Finance Limited
Nucleus Commercial Finance
Nucleus Cash Flow Finance Limited
Bibby Financial Services Limited
Secure Trust Bank plc
Aldermore Invoice Finance
ABN AMRO Commercial Finance
Close Brothers Invoice Finance
Clydesdale Bank Invoice Finance
Simpsons Malt Limited
Pertemps Network Group Limited
Sykes Seafoods Limited
City Electrical Factors
Briggs Equipment UK
LGT Private Debt (UK) Limited
Work highlights
- Advised CEF on the extension of their ABL Facility with Wells Fargo, syndicating this facility with PNC, and providing additional facilities for subsidiary Segen Limited across UK, Germany and South Africa.
- Advised RBS Invoice Finance Limited in connection with their debut sustainability linked asset based lending facility which was provided to the Recycling Lives Group.
- Advised HSBC Invoice Finance and HSBC UK Bank plc on the provision of a new £45m ABL facility (receivables, inventory, plant & machinery and property) to a corporate client to assist in an acquisition.
Squire Patton Boggs
The 'very commercial' team at Squire Patton Boggs, which is led from London by the 'exceptional' Paula Laird, remains a popular choice among a lender-focused client base across a wide range of ABL-related transactions, from both a bilateral and syndicated perspective. Many of these financing transactions utilise ABL debt in an event-driven scenario, where the team's ability to leverage its broader financial services prowess, as well as international practitioners across Continental Europe and the US, is a strong selling point on deals which typically involve complex inter-creditor arrangements and multi-jurisdictional considerations. As Laird herself devotes more time to her managerial role as head of banking across Europe and the Middle East, a good deal of the day-to-day involvement is handled by director Tom Dell’Avvocato in London and from Leeds by Tom Telford, who are both well-versed in a range of domestic and cross-border deals for clients including Wells Fargo.
Practice head(s):
Paula Laird
Other key lawyers:
Tom Dell’Avvocato; Tom Telford; Alice Moserova
Testimonials
‘They have a strong market presence and understand our business well.’
‘Superb product knowledge, super responsive and willing to invest in the relationship.’
‘The team is very experienced and highly knowledgeable in the cross-border ABL space.’
‘They have good understanding of ABL structures and practices, including innovative approaches that can be taken when putting together a multijurisdictional deal.’
‘The team is very commercial and displays excellent attention to detail, additionally it works very well with its regional and international offices.’
‘The exceptional Paula Laird is very experienced and knowledgeable.’
‘Paula Laird is one the key figures of ABL in the London market.’
Key clients
Apollo Global Management
Lloyds Banking Group
The Royal Bank of Scotland plc
White Oak
Wells Fargo
HSBC
ABN AMRO
The PNC Financial Services Group Inc
Gordon Brothers
Aurelius
Pretura Commercial Finance
Arbuthnot Commercial Asset Based Lending Limited
Breal Zeta Commercial Finance
Endless LLP
FGI Worldwide LLC
Raiffeisen Bank International
Deutsche Bank AG
Callodine
Leumi ABL
Work highlights
- Advised Callodine Commercial Finance LLC as agent in its first funding collaboration with Oldenburgische Landesbank AG (private equity backed by the Apollo group) on syndicated asset backed credit facilities to the NKD group – backed by TDR Capital.
- Advising Essar on various syndicated receivables purchase facilities provided by Cyrus Capital, Callodine Commercial Finance LLC, Artis Finance and JP Morgan; including structuring, drafting and negotiation of finance documents; and the completion of significant financing within compressed timeframe for the UKs second largest oil refinery, producing a sixth of the UKs petrol.
Crowell & Moring U.K. LLP
Led by 'industry specialist' Andrew Knight, Crowell & Moring U.K. LLP has forged a strong offering for a lender-focused client base in the ABL market since he established the firm's "greenfield" offering in 2019. Much of this success can be attributed to Knight's robust ties with a number of well-established independent ABL lenders, most notable of which is PNC Bank. As well as advice on transactional work, which includes the use of ABL for working capital purposes and to facilitate event-driven mandates including M&A, Knight also regularly advises on product development and restructuring matters. Clients also benefit from the expertise of a number of strong insolvency practitioners with deep ABL product knowledge, including Cathryn Williams and Paul Muscutt, in the event of formal processes.
Practice head(s):
Andrew Knight
Other key lawyers:
Paul Muscutt; Robert Weekes; Cathryn Williams; Laurence Winston; Seye Olufunwa; Mark Forster; Bethany Bradley; Phillipa Lai
Testimonials
‘Andrew Knight has a comprehensive understanding of our business and has been advising us for well over a decade.’
‘Andrew Knight is an industry specialist.’
Key clients
PNC Financial Services UK Ltd
PNC Bank NA
BZ Commercial Finance DAC
Leumi UK Group Limited
Secure Trust Bank PLC
FGI Worldwide, LLC
Cubitt Trade Holdings – includes financial subsidiaries Upstream Working Capital, Pulse Cashflow Finance and Regency Trade Finance
Work highlights
- Advised PNC Business Credit on the provision of a £70m super senior term loan and revolver to Phenna Group, a portfolio company of Oakley Capital.
- Advised BZ Commercial Finance on the provision of an $AUS 97m multi-jurisdictional acquisition and working capital ABL facility to Minova and its subsidiaries in the context of their acquisition by Aurelius.
- Advised Secure Trust Bank on the provision of a £25m ABL facility to Butcher’s Pet Care Limited.
Dentons
Dentons' credentials in the ABL market were hugely enhanced following the recruitment of the 'exceptionally professional but personable' Simon Prendergast in March 2022 from Addleshaw Goddard. Prendergast now heads the team and has, since his arrival, successfully exploited the firm's broader banking and trade finance practice, to secure a number of transactions involving multiple layers of debt in the capital structure alongside the more conventional receivables mandates for working capital purposes. In addition, the team is also well-positioned to leverage the firm's international network for multi-jurisdictional matters. The firm's prior Scottish expertise also continues unabated, with Glasgow-based Stuart Fitzsimmons excelling in advising on ABL-related work in distillery sector.
Practice head(s):
Simon Prendergast
Other key lawyers:
Stuart Fitzsimmons; Ian Clements; Simon Warburton Evdokia (Dunya) Maslennikova
Testimonials
‘The team brings a high level of experience and track record to the ABL offering as well as a pragmatic and commercial outlook that helps get deals across the line.’
‘Simon Prendergast is always exceptionally professional but personable, easy to talk and stays calm under pressure. This coupled with a depth of product knowledge and experience offers a high degree of comfort and certainty that the right job will get done.’
Morgan, Lewis & Bockius UK LLP
Able to call upon the expertise of practitioners based in the US, Morgan, Lewis & Bockius UK LLP remains very active for an impressive roster of large US-based banks, including Wells Fargo, Bank of America and JP Morgan, both on UK-originated deals as well as cross-border mandates with a transatlantic nexus. While the firm does handle some more conventional domestic matters for working capital purposes, including for a growing range of alternative funder clients, the firm is particularly adept at advising on larger ticket event-driven mandates, where the ABL portion sits alongside other debt in the capital structure and involves complex inter-creditor arrangements. The team is particularly active in the tech, manufacturing and retail sectors, an area that associate James Mead has strong visibility, both on the new money and restructuring front. Former team head Georgia Quenby recently retired.
Other key lawyers:
James Mead
Key clients
Wells Fargo Capital Finance (UK) Limited
Wells Fargo Bank
Bank of America
JP Morgan Chase
Investec Bank
Westcon Group
Aurelius Finance Company
Bantry Bay
Callodine Commercial Finance
Tenax Capital
Tosca Debt Capital Fund
M&G
Blazehill Capital Finance
Work highlights
Shoosmiths LLP
Drawing upon 'strong experience and knowledge of the ABL sector', Shoosmiths LLP provides 'high-quality' advice to a lender-focused client base, primarily on bilateral facilities, to help domestic SME corporates on new money facilities (for working capital and growth purposes), as well as refinancings. Team head Jon Bew 'is always approachable, knowledgeable and practical', ensuring he is a popular choice among non-bank lenders on the structuring of a range of ABL products (including receivables financing and supply chain financing), as well as in relation to the drafting of their template documentation. Birmingham-based partner Natalie Barnes is also recommended.
Practice head(s):
Jon Bew
Other key lawyers:
Natalie Barnes; Alistair Hayes; Kieran Cummins
Testimonials
‘Shoosmiths provides high-quality advice as a result of its strong experience and knowledge of the ABL sector.’
‘Jon Bew is always approachable, knowledgeable and practical.’
‘Natalie Barnes and Jon Bew are the ‘go to’ partners and provide excellent support for our needs. The follow-up post-completion with prompt delivery of completion bibles is also a plus.’
‘An ABL focused team who understand our delivery aims for our clients and help us work toward those. Always able to cut quickly to the key documentary points of debate and able to articulate clear solutions which are discussed and then communicated to our client\’s legal team(s).’
Key clients
ABN AMRO
Arbuthnot Commercial Asset Based Lending Limited
Close Brothers
Hilco Capital
IGF Business Credit Limited
Investec Bank Plc
Novuna
Praetura Commercial Finance Limited
Santander Bank Plc
Secure Trust Bank Plc
Shawbrook Bank Limited
Work highlights
- Advised IGF Business Credit Limited on a secured working capital facility to McLaren Applied a technology first supplier, primarily to motorsport, automotive and transport industries.
- Advised Praetura Commercial Finance on a £3.25m asset based lending facility to Wattbike.
- Advised Arbuthnot Commercial Asset Based Lending Limited on a £6.8m facilities package (including an accounts receivable line, a cash flow loan, a Recovery Loan Scheme (RLS) term loan, and a property loan) to Newable Capital.
Bermans
Drawing upon 'excellent industry knowledge', developed over many years' experience in the sector, North West-based firm Bermans provides 'pragmatic and cost-effective' advice to commercial finance and alternative finance companies providing funding to owner-managed business and SMEs. Liverpool-based Alex Chapman heads up the team and alongside David Gledhill in Manchester is pivotal to the firm's ongoing success in relation to receivables and invoice finance transactions. Both Chapman and Gledhill are 'incredibly hard working and responsive' in relation to new money mandates, while Ian Munford and Jonathan Berkson, from Manchester and Liverpool, respectively, are integral to the firm's success advising on any pursuant litigation that may arise.
Practice head(s):
Alex Chapman
Other key lawyers:
David Gledhill; Jonathan Berkson; Ian Munford; Andrew Henderson; Alissa Marsh; Claire McDonnell
Testimonials
‘The excellent team provides pragmatic and friendly advice.’
‘They have excellent industry knowledge.’
‘They are very knowledgeable about legal issues affecting the asset finance industry.’
Work highlights
Bryan Cave Leighton Paisner
Although it has less of a core focus on ABL work than some of its higher-ranked peer firms, Bryan Cave Leighton Paisner is an increasingly popular choice among the firm's strong corporate and lender client roster on transactions which require flexible funding arrangements/solutions, often involving complex inter-creditor issues. Drawing upon her overarching banking expertise, as well as solid knowledge of structured and ABL-related financings, the 'exceptionally committed and attentive' Shanan Dunstan is the primary contact for work in the space, and regularly advises Wells Fargo on lending in the sector, including on inventory financing and channel financing facilities. Emma Howdle-Fuller heads up the overarching commercial lending practice.
Practice head(s):
Emma Howdle-Fuller
Other key lawyers:
Shanan Dunstan; Derek Hrydziuszko; Dominic Gregory; Daniel Finch
Testimonials
‘Shanan Dunstan is exceptionally committed and attentive.’
Key clients
Playtech
SIR
Wells Fargo
Norinchukin Bank
Scotiabank/Bank of Nova Scotia
Bank of China (London Branch)
Harlan Capital KME
Kape
Romulus Holdings
Work highlights
- Advised Wells Fargo in the UK and US in relation to its US$ multi-billion global channel financing and inventory financing platforms which it provides to manufacturers and distributors globally.
- Advised Factofrance, a leading provider of financial services headquartered in France, on various amendments and accessions under a non-recourse receivables purchase facility provided by it to the KME Group, a global copper processing business.
- Advised a major global bank on its €88m financing of a classic car collection for a family office of an ultra-high net worth individual.
Cripps
Horsham-based firm Cripps has excellent traction among lenders and borrowers providing and seeking finance utilising ABL products, primarily in a domestic setting. Factoring and invoice finance discounting remains the firm’s staple workflow, with Dawn Shadwell successfully securing panel relationships with a number of new funders. The vastly experienced Noel Ruddy co-heads the team alongside Shadwell and is noted for his transactional prowess (on a new money and refinancing context), as well as handling work in the context of corporate and M&A work in the space.
Practice head(s):
Noel Ruddy; Dawn Shadwell
Other key lawyers:
Chehraz Fox; Ruth Clinton; Sian Webber; Victoria Jackson; Oliver Parsons
Key clients
ABN AMRO Asset Based Finance N.V.
Arbuthnot Commercial Asset Based Lending Ltd
Bibby Group
Breal Zeta CF Limited
BNP Paribas Commercial Finance Limited
Pulse Cashflow Finance Limited/Pulse Cashflow Finance (MK) Limited (ex Calverton Business Finance Limited)
Close Invoice Finance Limited
FSE Group
Investec Group
Nucleus Commercial Finance Limited
Pulse Outsource Limited
Growth Lending Group of Companies (including Boost Finance)
Satago Financial Solutions Limited
Advantedge Commercial Finance Limited
Work highlights
- Advised the financier with the refinance of a company specialising in groundworks, roads and sewers for national builders/developers.
- Advising CAF Bank Limited on their biggest ever single transaction, lending to a charity supporting homelessness in England.
- Advising the financier with the financing of a company specialising in the supply of concrete products and piling services to the construction industry for the purpose of further growth and working capital.