When Banks, and other specialised commercial property lenders, are looking to lend to commercial property investors, they always have an interest in the ‘Break Clauses’ in the lease granted to tenants. However, with a long-standing tenant of good covenant, in ‘normal times’ the question of the break option being ‘triggered’ is often more of a Read more about Break Options are probably never going to be of so much interest to Property Lenders[…]

Relationships between SME’s and their bankers can be very effective and both parties benefit. But they can go wrong, and often that is down to poor communication by either party. It can also however be down to changes in how banks are having (or choosing) to operate – which are not always understood or accepted Read more about Why dealing with your bank (and other lenders) could be different in 2021[…]

This is a periodic blog of mine, but probably increasingly important for the end of 2020 and 2021. Traditionally, bankers would set up overdraft renewal dates to coincide with the availability of the borrowers year-end accounts, so a fulsome review of the business performance could take place. That still applies with large corporate borrowing facilities, Read more about Overdraft Renewals – Be prepared[…]

In the world of ‘Real Estate’ and ‘Corporate’ finance there seems to be activity and communication about the replacement of ‘LIBOR’ with ‘SONIA’. But less so in the SME sector, where I have had minimal enquiries from companies that will be affected by this, despite it being a relatively complex subject. Obviously, the banks are Read more about Not hearing too much about ‘SONIA’ in the SME world[…]