Consumer credit and finance agreements can be extremely useful for growing businesses. Finance agreements help businesses to finance the purchase of new assets. Additionally, if offered by the business, credit agreements can make it easier for customers to buy from them.
However, as useful as these agreements are, they can also be complex and require a thorough understanding of compliance, risk management and dispute resolution. You need to ensure your business is protected in the instance that you cannot pay the credit back. If you’re offering credit to customers, then you need security in place to reclaim this money if they lapse on a payment.
Our team can assist your business in negotiating, drafting, and reviewing credit and finance agreements to ensure that they protect your interests. We also help you understand your obligations and legal responsibilities under these agreements, whilst advising you on how to comply with relevant laws and regulations.
Our expert team will:
- Assist with debt recovery- If you are faced with an unpaying customer, then our team will help you to reclaim what you’re owed
- Draft and review legally compliant documents- Whether your business is taking out credit or offering it to clients, we’ll ensure that the documents used are legally sound and keep you protected
- Negotiate terms: If you are seeking finance or credit, our team will negotiate the most favourable terms on your behalf
Protect Your Financial Interest
Our team have your best interests at heart. We understand the benefits of these agreements, but we also understand the risks that can come with them; risks that we mitigate.
Whether you need an agreement created from scratch, or you want us to review a document that has already been drafted, we’re here to help.
Contact the Professional Negligence Team
Please contact Chris Thomson at chris.thomson@isonharrison.co.uk or Jonathan Robson at jonathan.robson@isonharrison.co.uk
