Receivables finance

Receivables finance guidance:

Asset-based lending (ABL) is mainstream finance in the US where it is a mature product in a mature market. It appeared in the UK in the 1990s and has been developing...

Practice Note

In the context of asset-based lending, a receivables financier will frequently take security over a company’s receivables (also known as debts) as security for monies...

Practice Note

BREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This will have an impact on the information in this Practice Note....

Practice Note

This Practice Note gives a brief overview of the key legal issues and discussion points commonly encountered when asset-based lenders are deciding whether to offer...

Practice Note

The popularity of financing business through the invoice discounting and factoring of receivables has grown significantly in the UK over the last 25 years. Invoice...

Practice Note

A receivables finance facility may be structured as either a receivables purchase agreement or lending against the security of receivables. Some terms apply to both forms...

Practice Note

Every financing facility is predicated on the solvency of the borrower and its ability to discharge its financial obligations under the facility. A receivables financing...

Practice Note

Introduction Despite its name, the provisions of the Small Business, Enterprise and Employment Act 2015 (SBEEA 2015) are of general application to companies in the UK and...

Practice Note

Insurance plays an important role in trade and commodity finance transactions. While many of the risks inherent in financing trade can be mitigated or reduced through...

Practice Note