The following Banking & Finance news provides comprehensive and up to date legal information on Sustainable finance and ESG monthly round–up—30 April 2025
Bills of exchange—structure and partiesBills of exchange are negotiable instruments that represent an unconditional promise by one party to pay...
Term Loan B facilitiesThis Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in...
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Common financial covenantsThis Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum...
What is the difference between a standby letter of credit and a letter of credit?This Q&A considers the differences between a standby letter of credit (SBLC) and an ordinary letter of credit (CLC), sometimes also referred to as a commercial, documentary or trade letter of credit.For the nature
Shipping finance—Export Credit Agency financingExport credit agency (ECA) supported financing has been a stable source of funding for the shipping and offshore industry for many years but the financial crisis triggered an increased role for export credit agencies in all sectors of shipping and
Invoice discounting and factoringThe popularity of financing business through invoice discounting and factoring of receivables has grown significantly in the UK over the last 25 years.Invoice discounting and factoring are types of receivables financing whereby a company, sole trader or partnership,
Bills of exchange—structure and partiesBills of exchange (or as they are often referred to, ‘drafts’) are negotiable instruments that represent an unconditional promise by one party (the drawer) to pay money to another party (the drawee), in accordance with the terms of that instrument. They are
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