While the reinvigorated and fast-evolving trade receivables securitisation market is providing businesses with greater opportunities to enhance working capital, the varied, diversified nature of the offering means there are myriad documentary considerations to take into account when structuring a finance agreement. A clear understanding of the documentation process offers companies a smooth, straightforward path to securing the deal that’s best for everyone involved. The Trade Receivables Securitisation Summitat the Clifford Chance offices in Canary Wharf, London, on 12 May, will explore all the critical issues involved in a trade receivables securitisation, including key legal and regulatory aspects. The following article, by James Pedley of Clifford Chance, provides an expert insight into the main documentary considerations you need to take into account.
