Receivables Finance and Asset-Based Lending
The ability of a business to raise finance can be key to its success. We have helped borrowers and lenders from around the world to navigate these transactions successfully.


We have advised a wide range of borrowers and lenders on many transactions, from receivables finance to syndicated asset-based lending to business start-up facilities. We have the necessary in-depth commercial expertise to deliver pragmatic advice in many sectors, including mainstream corporate and commercial banking, clean energy, hotels and leisure, whisky, real estate, education, oil and gas, and the creative industries.

To ensure that our clients receive advice that is tailored to their needs, when required we bring in specialists from other parts of the firm. And we’re not afraid to consider innovative solutions when these will serve our clients’ objectives.

We have a track record of ensuring that transactions complete on time, and are the preferred provider for a number of lenders and large corporates.

Our expertise includes:

  • Advising on receivables financing across a range of sectors
  • Advising on supply chain finance
  • Structuring and documenting asset-based lending facilities, with asset classes ranging from property and plant and machinery to oil, intellectual property and whisky
  • Working collaboratively with government agencies to bring about changes in the law aimed at facilitating asset-based lending
  • Leading on bringing new asset classes in scope for the purposes of asset-based lending

Peter Alderdice

Director

Matt Andrews

Senior Solicitor

Alison Blair

Director

Fiona Buchanan

Partner and Head of Banking and Finance

James Bulpitt

Senior Associate

Christopher Clark

Senior Associate

Neil Cowan

Partner

Andrew Kinnes

Partner

Rod MacLeod

Partner

Hamish Patrick

Partner and Head of Financial Sector

Serena Weir

Senior Associate

Iain Wishart

Partner

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Related articles and insights: Receivables Finance and Asset-Based Lending

31 October 2023

Moveable transactions – Scotland v England: Round 1 – assigning receivables

Contributors:
Andrew Kinnes, Hamish Patrick

Scottish moveable transactions law is currently outdated and much less useful in practice than the law in England and Wales. The Moveable Transactions (Scotland) Act 2023 will bring Scots law up to date when it comes into force and will arguably move it ahead of the law south of the border. This article, first published in the October issue of the Butterworths Journal of International Banking and Financial Law, tests whether or not that is the case when assigning receivables.  

13 March 2023

Refinancing and releasing security

Contributor: Lucy Hall

In this article, Lucy Mulreany and Lucy Hall from our banking and finance team, provide a guide which explains the main types of security release documents seen in Scotland and England, some of the key considerations to bear in mind when refinancing and releasing security, and how to avoid some common pitfalls when dealing with security releases.

31 August 2016

Scotland’s leading banking practice acts on deals worth £99.3bn

In its Banking Deals Review 2015/16, Shepherd and Wedderburn’s banking and finance practice – the largest in Scotland – reported its busiest ever twelve months. During the period the specialist team of lawyers worked on banking and finance deals worth £99.3bn.  

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