Law Relating to Receivables Financing

Ensure your staff know the law relating to invoice and inventory finance - crucial in order to protect yourselves and your clients's rights & responsibilities.
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Who is this course appropriate for?

Client Executives, Client Managers, Business Development Managers, Auditors and Operational Line Managers will all gain significantly from understanding the underpinning statutory framework and regulations.

Also a useful course for all staff involved in the new business process or making contract amendments during the life of the client. Statute, such as the Companies Acts and Insolvency Acts, together with case law are also covered. Some previous understanding, or interest in business law would be beneficial.

Content Summary

  • The Comapanies Acts & the range of business structures
  • The Insolvency Acts & The Enterprise Act
  • The MFA (Master Financing Agreement)
  • Deeds & Power of Attorney
  • Debentures & charges
  • Corporate & personal guarantees
  • Deeds of priority & waivers
  • Warranties & indemnities
  • Contract law & the Sale & Supply of Goods Acts
  • Case law & decisions relating to invoice financing matters

The course is workshop-based and the emphasis is less about remembering statute and case law but on the application of relevant laws and cases to the practice of invoice financing and asset lending.

Delegate Development Outcomes

By the end of the course delegates will have a good understanding of the underpinning legal principles of invoice financing versus the lending principles relating to asset and inventory finance. Delegates will also have a firm grasp of the differences in documentation required for an unincorporated client compared to an incorporated client.

Delegates will be also be able to interpret a standard Master Financing Agreement (MFA) and the warranties and responsibilities contained within their own agreements.

An excellent and very professional day!
Debbie

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