Top 10 of 26 law firms for Unsecured Financings, Banking | Southwark, London

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This area covers lending by banks or other lenders to businesses where no asset is pledged as collateral. It includes facilities such as revolving credit, overdrafts, and term facilities that rely on the borrower's creditworthiness rather than specific assets. A solicitor drafts and negotiates facility agreements, sets drawdown terms, interest, covenants, representations and undertakings, and coordinates any personal guarantees. They review financial information, advise on regulatory requirements, and handle negotiations with lenders on terms and conditions to protect the borrower’s position throughout the facility’s life.

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