Our BANKING & FINANCE team operates at the highest level, providing all the knowledge and experience you could need in a commercial and digestible way
Banking and Finance
Our banking and finance team is one of the largest specialist finance practices outside the City and is top-ranked in Chambers UK.
We are uniquely versatile in acting on deals of all sizes, from major debt transactions for large corporates through to smaller value loans for SMEs. We provide an individual service and will tailor our advice and pricing depending on the size and complexity of the financing.
We advise an even mix of lenders and borrowers on a full range of banking and finance matters, including acquisition finance, real estate finance and asset-based lending. We also act on restructuring transactions in conjunction with our restructuring and insolvency group, and on corporate borrowing transactions together with our corporate team.
The quality of a London firm at a reasonable price, and they have the breadth and depth to deliver
Clients value our commercial acumen as much as our technical strength. When acting for lenders, we take care to understand the lender’s appreciation of the drivers on the transaction. We understand how banks’ internal processes operate and how they deal with risk, with a number of our lawyers having undertaken secondments in major UK banks and other financial institutions. We recognise the need to work in harmony with lenders’ internal procedures and standards. Our lender clients include most of the major UK clearing banks, along with a number of international financial institutions and a growing number of non-bank lenders.
When acting for borrowers, our experience in working for lenders is invaluable. We know the bank’s boundaries: what points they will not accept and what points they may agree. This knowledge makes the transaction process more efficient and allows clients to choose their battles and get the best outcome. Our clients on the borrower side range from large PLCs and private equity houses through to smaller SMEs, owner-managed businesses and start-up companies.
They are top in terms of commercial awareness; they have a very pragmatic approach to structuring and executing
Many of our deals have a significant cross-border element, and we regularly co-ordinate teams of overseas lawyers on multi-jurisdictional deals using our tried and tested network of international partner firms. We have also acted as English counsel on a number of international finance transactions.
- £33mActing for a major UK clearing bank on the £33 million financing of an international insurance broker
- £100mRepresenting a chain of dental practices on the £100 million funding of an MBO
- £3mAdvising a lender on the £3 million refinancing of a portfolio of residential development property