In an ever-evolving financial landscape rife with regulatory changes and stricter oversight, staying ahead can be challenging.
We are here to offer you practical, clear and cost-effective advice tailored to the nuances of banking and finance.
We aim to assist lenders, investors and borrowers to deal with lending and borrowing of money, and the management of financial liabilities.
We have a comprehensive understanding of the issues faced by our clients when considering their finances.
How our solicitors can help
We advise clearing and private banks, building societies, specialist lenders, financial institutions, funds, distressed investors and both corporate and individual borrowers.
Our services include:
- Drafting and advising on loan and facility agreements
- Independent legal advice for directors and guarantors including on personal guarantees and security documentation
- Commercial lenders often require directors or owners to provide a personal guarantee when a company borrows money, particularly in the residential buy-to-let market. This guarantee makes you personally liable for the company’s mortgage or loan repayments.
- Lenders usually require independent legal advice before signing a personal guarantee, ensuring you fully understand the risks involved, such as the potential loss of your home if the business defaults. In the current economic climate, with rising inflation and financial pressures, seeking legal advice before committing to a personal guarantee is crucial.
- If your business is struggling to meet repayment terms, we can review your guarantee and check for any validity issues. We can also negotiate with your lender for a repayment plan that protects both your business and residential property.
- Our fixed-fee services ensure no unexpected costs. Contact our commercial team for expert advice on directors’ personal guarantees.
- Property, development and asset finance
- Financing for business acquisitions
- Enforcement of security and guarantees
- Corporate restructuring and refinancing
- Debt finance
- Financial litigation and disputes
Speak to our solicitors about banking and finance
Need advice on banking, finance or personal guarantees?
Whether you are a lender, borrower, investor or director, our experienced solicitors can provide the clear, practical guidance you need to protect your position and move forward with confidence.
Contact Palmers Solicitors today for expert advice
