Who do you pay?
Andrew Reid | 21.05.2019
It is easy to forget that invoices were once sent by post – a cheque was raised, dispatched by post, and delivered by the supplier to their bank to deposit. The bank would check and confirm the recipient’s name and the payment would be completed.
Professionals have insurance to protect them when accidents happen. If your local vet reversed their car into you, or you reversed your car into them, neither of you would feel embarrassed about shaking hands and passing over the respective insurance documents.
As a financial services provider you will work within a highly regulated commercial environment. It is therefore imperative that the legal support you receive is based on a thorough understanding of your business, the financial services sectors that you operate in, and the legal and regulatory regimes within which you must comply.
We act for a range of financial service companies including retail and commercial banks and building societies, second charge and bridging lenders as well as providers of alternative and specialist finance including crowd funding platforms.
If you are a borrower seeking commercial funding or financial intermediary or investor, we can also advise on the opportunities and risks of each type of financial arrangement and its appropriateness to your needs.
When lending money to borrowers you need well-drafted loan agreements and security documents to protect your assets and your organisation. You will want support from someone who has a keen eye for detail and doesn’t leave any stone unturned when producing your documentation. Getting this right at the start will minimise the risk of issues arising in the future.
We are on the panels of many retail and private banks. We also act on the borrower-side and are typically involved in high-value financing and refinancing.
When things go wrong, you need objective advice in order to make the best financial decision for your business. Our in-depth professional experience means we will not be afraid to advise you when we don’t think taking action is in your best commercial interests. If necessary, we can help enforce your security and repossess any assets you are entitled to.
When seeking finance for your business there are many options to consider. We can help you to assess all options available to you in light of your commercial needs.
We work for a number of alternative finance providers including crowd funders and can advise on the suitability for borrowers as well as potential investors. With careful legal preparation you can be confident that the finance is secure.
We advise lenders, borrowers and developers in relation to property backed financing transactions. Our experts combine their knowledge of commercial real estate and offer due diligence to underpin any lending documentation.
banks and lenders, professional negligence
banks and lenders
commercial, corporate, debt recovery, disputes, employment, health and safety, immigration, insolvency, lender services, professional negligence, real estate, rural