We caught up with Emma Hinton ahead of the in house lawyers forum to hear more about the flexibility of funding documents and what businesses need to be aware of post-Brexit. In this video Emma discusses the route around funding documents, when it is necessary to approach your funder for consent and the processes to changing funders for your business needs.
Emma talks you through the common restrictions and permissions there are in loan agreements such as an accordion facility, which allows you to request more funding without amending the loan document that is in place. Emma also explores other options such as going to a third party lender to complement the current funding for different facilities.
Finally, Emma considers the positive steps towards financing and re-funding from the past few years and how as a borrower, there are many different options for re-financing and funding available.
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