Loan Agreements and Debentures
We have a great deal of experience in advising on the structure and drafting of loan agreements and debentures to suit the circumstances of all those involved. Lenders and borrowers of all sizes can benefit from expert guidance in this area, in which we pride ourselves in delivering to ensure optimal results.
Lenders will often request a personal guarantee from a borrower in order to protect themselves in circumstances where the borrower does not have appropriate credit or security. This mostly applies to new businesses which have not yet been able to establish a proven trading history. There are various liabilities that apply to these types of guarantees, so expert advice is a must. We are able to thoroughly assess your situation and offer guidance accordingly as to the options you have available.
Independent Legal Advice
Independent Legal Advice is often required by a Lender when taking security. We provide a comprehensive advisory service relating to borrowing and lending and offer guidance on the various manners in which securities and liabilities can be formed and the associated risks. This service affords clarity on all responsibilities involved in both new and established borrowing arrangements including links to any particular assets. This service is designed to ensure that you are fully aware of the nature of the documentation which you are entering into and your personal or company exposure before proceeding.