Endeavour Partnership is offering businesses specialist help to access a range of funding options, thanks to their new, dedicated team.
Headed by Deborah Kirtley, the commercial legal firm can provide help and advice on borrowing and lending, banking and finance and accessing funding post-Brexit.
Deborah is highly-regarded as a leading banking lawyer and joined Endeavour Partnership as a partner last year to lead the business’s banking team, providing legal advice to banks and borrowers alike.
With more than 25 years’ experience, Deborah has been retained by a wide range of banks, building societies and other financial institutions as well as public sector institutions- to advise on a wide range of corporate banking, acquisition and development finance transactions.
Deborah has also advised local, national and international businesses, universities and housing providers in relation to their borrowing requirements and has acted in many of the region’s most complex and high value deals in the football, hotel, housing and student accommodation sectors.
In addition, Deborah is responsible for developing and supporting Endeavour’s growing number of Banking and Finance clients, using her outstanding legal knowledge to promote a new borrower-led service that is aimed at assisting businesses looking to raise finance by getting them “borrower ready”.
Deborah said: “We want to help people get ahead of the funding curve, especially post-Brexit when there might be some confusion. There are still plenty of funding options available whether businesses want to raise funds for capital expenditure or make strategic acquisitions.
“We like to get to know a business early in their development so we can help match them with the best funding for their needs. We’re currently working with a host of businesses from SMEs- especially in Teesside’s thriving tech sector- to big firms who are preparing for our exit from the EU.
“We work extensively with CEOs or FDs who even though they have financial expertise t are simply too busy to deal with the legal funding documentation themselves, or a business where the owner managers are experts at their own day job, but where finance or legal issues aren’t really within their skillset.
“On the lender side, Endeavour is on many bank panels and has a very good relationship with the high street banks, challenger banks and alternative funders.
“My experience means I appreciate the arguments on both sides so I know what the borrower’s concerns will be and I can explain them to the bank and alternatively- if the bank appears to be digging its heels in on a point – I can explain to the borrower what the bank’s credit issues are. My objective is to help smooth the process for both sides with a view to achieving a satisfactory outcome for everyone. Trust and experience are important.”
Stockton-based Endeavour is keen to point out that the perception that the banks are closed for new business is not the case.
Deborah says: “This is unfair. Banks have a strict credit process; they just have to be more diligent than maybe they were previously. But for good credit, the banks are there for the region’s businesses.”
Deborah and her team also work outside the mainstream banks with other funders and many of the challenger banks who are often filling any funding gaps.
Deborah admits: “Access to funding can be confusing and even overwhelming. We try to support business and entrepreneurs. Our advice is to plan ahead, identify future funding pitfalls now so when there is a need for funding, or an opportunity presents itself you can move quickly and cost effectively.”
How Endeavour can help:
• Helping you understand the different types of funding available
• Introducing you to the right funders for your business
• Guiding you through the funding application process
• Implementing the right financial structure internally
• Comparing the offers of funding received from a legal perspective
• Setting up and supporting you through the funder’s due diligence process
• Advising you what is often negotiable and what is not
Negotiating the term sheet on your behalf – it is not just the margin and the lender’s fees you need to consider
www.endeavour.law
01642 610300
@Endeavour_Law