A glance at any of the business pages will tell you the outlook for UK businesses is distinctly brighter than in previous years.
Clients identify the team's "commerciality and solutions-driven approach" as key strengths.Chambers UK 2019
Marie Pugh leads Clarion’s ‘excellent’ group, which is ‘easy to deal with and provides advice that is concise and specifically tailored to each situation’.Legal 500 2018
Very knowledgeable and they understand our industry which is a massive advantage.Chambers UK
Clarion’s banking team gives advice which is ‘specific and well thought out’, and which ‘really adds value to the transaction’.Legal 500
Clients describe the team as 'forward-thinking'. The cross-disciplinary banking and finance team draws on expertise from the wider corporate and property teams to advise on leveraged, structured and real estate finance matters.Chambers UK
A dynamic banking practice with real strength in depth, we have created a regional hub of expertise renowned for fast turnaround and an enviable track record. Acting for lenders and borrowers; the team's work encompasses acquisition and structured finance transactions, real estate finance, asset based finance and restructuring projects covering the full range of corporate funding requirements.
Our team offers a commercially-focussed service. We act for a range of mainstream and secondary lenders including HSBC Bank plc, Lloyds Bank plc, National Westminster Bank plc, Svenska Handelsbanken, Reward Finance Group, Ultimate Finance Group plc, Skipton Business Finance Limited and Reparo Finance Limited, amongst others. We also act for private debt funds and equity investors as well as borrowers with extensive portfolios of assets who require specific restructuring or re-financing advice.
For many of our clients, we have helped them set-up their service offering including drafting suites of precedent documents and tailoring our services to meet their customer requirements.
The team has particular expertise in asset-based funding from advice on new business propositions, portfolio management and risk to restructuring and recovery.
Warning for Invoice Finance Providers – The Importance of Checking Dispute Resolution Clauses in underlying contracts
The Courts have issued a further warning that when reviewing fundamental contracts you should always check and consider the dispute resolution clauses as these can delay and increase the costs of recovering debts.
As you will be aware on 6 December 2014 the Department for Business & Innovation Skills (‘BIS’) published a consultation and draft regulations on the proposal to nullify the ban on contractual clauses that prevent invoice assignments.
It has been reported that the Chancellor is considering forcing banks to refer SME’s to alternative funders if they are unable to fund them.
There has been a lot of recent press coverage of SMEs ("SME" stands for small and medium-sized enterprises) not getting the TLC that they need and deserve.
As featured in BQ Magazine (Summer 2013)....
Yorkshire is renowned for its high number of innovative and entrepreneurial companies, but what makes these businesses different?
Over the last nine months, Leeds law firm Clarion has worked with secured lending business Fresh Thinking Capital to help it achieve its first year target of providing more than £10m of loans to small and medium businesses needing finance for opport…
Clarion has welcomed another two new lawyers, Parminder Matharu and Olivia Storey, to its expanding banking and finance practice. Parminder, who has five years of commercial property experience, joins from Optima Legal where she spent three years, having…
DES Training & Consultancy in Wakefield is set to acquire a Sheffield-based training provider after securing a working capital facility from One Stop Business Finance. DES director David Shaw will use the £35,000 facility to acquire 100 per cen…
A YORKSHIRE-based alternative finance provider has enjoyed a record-breaking month, as growing numbers of firms plan expansion. Reward Finance Group, which is based in Leeds and Manchester, advanced £8m across 20 deals in 10 working days. This figu…
Clarion has expanded its eight-strong banking and finance team with the appointment of Philip Dine as legal director, specialising in real estate finance. Philip has experience of acting for both funders and borrowers with a key focus on financing c…
Leeds-based alternative lender Reward Finance Group has provided funding to help an AIM-listed vending machine business complete a debt restructuring.
Yorkshire County Cricket is back in the black - Yorkshire County Cricket Club has reported a profit for the first time since 2009.
Bradford printing company T&P Print has been bought out by the son of the former owners, following a winding up petition.
The team at Clarion has helped Reward Finance Group advance £4.5m of funds to complete a record ten deals in ten days.
Clarion’s corporate recovery and finance groups have been further boosted with the appointment of Ben Slack.
Clarion have recently completed their 100th deal on behalf of Reward Capital, the acquisition of the assets and goodwill of Scunthorpe-based Westram Ltd by Modular Movements Ltd.
Corporate team advised Huddersfield-based MTP Innovations - as they are set to expand its product and customer base after securing £400,000 from Finance Yorkshire’s Equity Linked Fund.
X Blades UK, the major sports brand worn by leading rugby league and union stars, is set for further growth after securing finance from Reward Capital.
Fast growing Yorkshire business Exquisite Handmade Cakes Ltd has secured a five figure sum for further capital investment with the help of crowd funding company rebuildingsociety.com in a deal supported by corporate lawyers from Clarion.
Our corporate recovery and insolvency team is continuing to grow with the appointment of Russell Stevens as legal assistant in the practice’s specialist banking and finance team.
SENECA Investments has taken a stake in Yorkshire recruitment business PSI Energy.
A funding deal was agreed with P&D Specialist Services that will allow it to supply mobile solar-power signs transmitting key messages to road users during the Olympics.
Corporate team advise Aldermore on another successful deal
Jonathan Simms in the corporate team advised Reward Capital.
Corporate team advises Aldermore.
Corporate team provide legal advice to Progress Group
Stockport-based supplier and fitter of commercial flooring, Siteform, has secured funding to support its continued growth from Leeds funding provider Reward Capital, assisted by a group of Yorkshire advisers.
West Yorkshire-based company Abbey Artstone which manufactures cast stone products has secured funding from Reward Capital and Skipton Business Finance.