Hammonds' Asset Based Lending (ABL) team have unrivalled experience in drafting standard and bespoke documentation for factors, discounters and asset based lenders.

This documentation covers the entire range of documents, often working with clients to develop and introduce new products into the market, including:

• All forms of factoring and invoice discounting agreements.
• Domestic, export and currency facilities.
• Over advance facilities.
• Stock, plant and machinery, property and intellectual property facilities.
• Pledges, chattel mortgages and letters of credit.
• Sole and multi-jurisdictional cross-border facilities.
• Off balance sheet financing.
• "Back to back" financing agreements.
• Syndications/participations.
• Loans.
• Equity participation.
• Funding VAT reclaims and all forms of associated security documentation.
• Waivers and acknowledgements.
• Priorities, postponements and guarantees and indemnities.