For businesses this can mean money advanced against machinery, equipment, inventory or accounts receivable. This can be an effective form of funding for companies that have sound assets but not the cash flow they want to support the business.
How Can We Help
At Else Solicitors, our banking and finance team specialises in all aspects of asset based lending and receivables finance. We know the marketplace and we have wide experience of acting for financial organisations, corporate borrowers and private equity investors in negotiating and implementing these and other alternative lending transactions.
We understand the intricacies and complexities of structuring asset based lending transactions. Unlocking the capital that is trapped inside your assets can make a huge difference to your business.
Our team has acted for the full range of asset based lenders, both independent and bank owned, and the clients who use such services, from small and medium sized enterprises to large corporate bodies.
We will also act swiftly and decisively to recover assets for lenders, including the use of injunctions where it is appropriate.
For more detailed legal advice on how we can help, please contact the banking and finance team on 01283 526200, alternatively you can send us a message and we will get in touch at a time that suits you.
Asset Based Lending
In its simplest terms, asset based lending is any form of borrowing that is secured by assets.
Company Voluntary Arrangement
When businesses are fundamentally viable, but perhaps under pressure to repay debts in a short space of time, they can seek a Company Voluntary Arrangement (CVA) with their creditors.
Ledger Collections Service
At Else Solicitors we act for a wide range of insolvency practitioners and have a real understanding of debt collection.
Loan Agreement
A loan agreement is a formal contract governing borrowing, and can be either secured or unsecured.
Factoring & Invoice Finance
Factoring and invoice discounting enable businesses to release money that is tied up in unpaid invoices.
Chris is the founding Partner of Else Solicitors and has over 25 years’ experience as a commercial solicitor dealing mainly with commercial disputes. He is also an accredited Mediator.
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View full profile here
Chris Else
Managing Partner
Experience in handling business mergers and acquisitions, disposals, corporate re-organisations, company share buy back, management buyouts, venture capital and private equity investment, and joint venture and partnership agreements.
View full profile here
View full profile here
Adam Gilbert
Partner - Head of Corporate & Commercial
At Else, we pride ourselves on having experience in dealing with a wide range of specialist services.
Our team always strive to find the most practical, timely, and cost-effective solution for our clients.
We will use the full range of options available to us; from mediation and negotiation to court action at whatever level is appropriate.
To speak to one of our trusted professionals contact us on 01283 526200. Alternatively, you can send us a message and we will get in touch at a time that suits you.
``As I live in london I had to deal with Else Solicitors from afar, however I always found them to be helpful, efficient and approachable. The service I received from the solicitor I was dealing with was friendly, personal and I always felt that they were prepared to go the extra mile to fight my corner for me.``