Hill Dickinson’s banking and finance team is experienced in acting for both lenders and borrowers in receivables finance and asset-based lending transactions. Our experience in these areas includes funding acquisitions in structured finance transactions. We also have an excellent track record in using invoice discounting and factoring to create appropriate lending structures in reorganisations, debt restructuring and refinancing.
We advise on areas such as:
- Rail
- Drafting and negotiating receivables finance documentation
- Appropriate lending structures and vehicles
- Taking security over receivables and perfecting security interests
- Subordination, intercreditor and payment blockage mechanisms in multilayered transactions
Hill Dickinson is also experienced in acting for both lenders and borrowers in asset finance and leasing. We are able to offer advice on structuring asset-based transactions and integrating such borrowing within broader funding structures. Our expertise also involves creating effective security nets and dealing with the complex intercreditor and subordination issues that arise.
We advise on areas such as:
- All types of asset finance and hire purchase documentation (including ships, aircraft, yachts, plant and machinery)
- Taking security of particular types of assets including chattel mortgages, debentures, guarantees and performance bonds
- Subordination and intercreditor issues in multilayered funding structures
Our clients include:
- Five Arrows Leasing Group Ltd (part of the Rothschilds Group)
- Deutsche Leasing (UK) Ltd
- Bank of America Leasing
- Tokyo Leasing (UK) plc
- Econocom UK Ltd
- Porterbrook Leasing Company Ltd
Hill Dickinson LLP is able to provide a ‘strong service’
across a range of financings.
[Hill
Dickinson] has expertise in the full spectrum of financial
products. Sources are keen to emphasise the precision with which
transactions are executed: "They take complex cases and give you
concise updates on where you are." The firm recently advised
Johnson Service Group in relation to £78.5 million of facilities
made available by a club of banks led by RBS.
