Receivables Finance & Asset Based Lending Lawyers

Unlocking the value of unpaid invoices has become an increasingly important way for businesses to gain access to working capital.

Small businesses owed large amounts by their customers (often larger corporates) can face cash flow issues, as can seasonal businesses with uneven income streams. Asset based finance helps businesses access flexible and much needed working capital that grows with their business.

Finance is secured against an asset owned by the business. The loan amount will depend on the value of the asset determined by the lender and can be secured on inventory, accounts receivable, property, industrial equipment and some times even intellectual property such as patents or your brand.

What We Do

Our team of lawyers help both lenders and borrowers to ensure a proper legal framework around the asset based finance agreement to ensure that both parties are protected and are clear on their legal requirements for lending.

Our receivables finance and asset based lending team offers a specialist service, focussed on this particular form of lending. We provide detailed advice, tailored to the specific needs of:

  • UK and overseas asset based lenders
  • Specialist Finance Houses
  • Corporates
  • SMEs
  • Investment funds
  • Partnerships
  • Joint ventures. 

Contact Us

Our specialist lawyers provide a full range of legal services for asset based lenders. Give our friendly team a call on 0808 291 4962 or get in touch online.

Recent Work


We advised two divisions of ABN AMRO, based in the UK and Holland, on the part finance of a multi-million pound acquisition of Coventry-based automotive supplier, Covpress. ABN AMRO provided asset-backed facilities in a funding structure that was a first for the company

Centric Commercial Finance

We advised Centric Commercial Finance on supporting Arlington Industries Group’s acquisition of Remploy Automotive saving more than 200 jobs, following the government’s decision to sell off Remploy factories

Lloyds Bank

We advised Lloyds Bank on an £8m funding deal with R Soper, a Lancashire-based textiles manufacturer, which was targeting further expansion. The deal included a £6m invoice discounting credit line, together with a property loan, a plant and machinery loan, and a letter of credit facility

Testimonials & Feedback

We truly value the feedback we receive from both our clients and legal accreditation societies, such as The Legal 500 and Chambers & Partners.


"The Irwin Mitchell team’s experience in the UK asset based lending market played a key part in developing a combined package for the customer which provided a sophisticated solution for the financing of the transaction and for their future investment plans."

ABN AMRO Commercial Finance PLC

"They are exceptionally experienced in the sector and regarded as legal experts in the industry. In terms of direct dealings key strengths include speed of response/availability, depth of understanding/expertise/experience and a desire to get the transaction at hand completed commercially"

Centric Commercial Finance

"Excellent service. They have invested time and effort in learning about our business and have shown real commitment to developing the relationship. Advice is concise and commercial and fits the brief. Always willing to give added value advice and often within short timescales."

HSBC Invoice Finance (UK) Limited

Awards & Accreditations

We’re proud of the recognition we’ve received for our business legal work. For a list of awards and accreditations, please visit our awards page.

Chambers top ranked 2024 logo
Legal 500 - 2024 Top Tier
Legal 500 - 2024 Leading Firm

Find one of our solicitors near you

We have offices in major cities throughout the UK and our lawyers can arrange to visit you or your business in person if necessary. We also have international capability, with global links to other legal specialists.

Business News

Our lawyers are regularly asked to provide expert insight, advice and analysis for the national media. Take a look at the stories below to see what we’re saying, as well as some of the recent deals we have completed for our clients here in the UK and abroad.