Mike Davison

Expertise

Mike heads up our Tier One sector practice and is an independently recognised expert in asset based lending (ABL) including being recognised as a Leading Practitioner in Legal 500, with a particular focus on receivables financing structures.  He regularly advises banks and independent financiers as well as borrowers and is familiar with all the industry specific document requirements having been involved in the sector for 20 years. Mike has a longstanding reputation for assisting new start lenders within the sector with documentation suites and advice on best operational practice. Mike is also well known for advising sector lenders on strategic mandates, including portfolio acquisitions and disposals.

Mike regularly advises on Trade Finance and Supply Chain Finance matters for domestic and overseas banks, UK and international corporates and specialist financiers. Mike has advised a number of Fintech businesses on the launch of receivables financing businesses and specialist institutions on the provision of Islamic Finance facilities. Mike also regularly works with lenders for the provision of structured turnaround facilities and to assist with portfolio clients in distress.

Recent Experience includes:

• Advising the lenders on the global receivables and inventory financing of the Ineos Automotive group.
• Advising BZ Commercial Finance and Leumi ABL ltd on their provision of global ABL facilities to ASCO Group. 
• Advising Barclays and Santander on their global receivables and inventory financing of the Ineos Automotive group. 
• Advising RBS Invoice Finance and HSBC Invoice Finance on the provision of syndicated ABL facilities to Fox Brothers Group
• Advising Blazehill Capital on the provision of working capital facilities with Wells Fargo to New Look Plc
• Advising Valeo Foods in relation to working capital facilities for subsidiaries in the UK and Germany with Wells Fargo
• Advising GRS Roadstone in relation to its working capital ABL facilities with Wells Fargo
• Advising Barclays Bank Plc on the strategic disposition of their factoring business to 4 Syte Group