92%
Value for money
95%
Success rate
95%
Would recommend
Top 10 of 1,011 law firms for Direct Lending, Banking
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Direct lending work covers agreements for lending money directly to a borrower by a bank or alternative lender, including documentation of facilities, terms, covenants and security. A solicitor drafts, reviews and negotiates loan agreements, guarantees, security documents and related notices; advises on regulatory compliance, anti-money laundering checks, and enforcement options if a borrower defaults; liaises with lenders, borrowers, brokers, and counterparties to progress drawdowns and repayments.
Why this work is usually handled by a solicitor
Direct lending matters involve careful drafting of facility agreements, security packages, intercreditor arrangements, and calls on defaults. A solicitor provides professional accountability, conducts due diligence, ensures proper execution and registration of charges where required, and handles complex enforcement steps if needed, backed by regulated professional standards and client accounts protections.
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