Headed by Deborah Kirtley, Endeavour Partnership have formed a dedicated team with the sole purpose of providing specialist funding advice to businesses – a niche legal offering in the Teesside area.
As a business develops and grows, so too will the need to explore the numerous funding options available to them. This process can often be complicated with a wide range of possible funding types on offer. Once the decision is made to go for funding, our team can offer insight and expert advice including:
• Introducing you to the right funders for your business
• Guiding you through the funding application process
• Implementing the right financial structure internally
• Setting up and supporting you through the funder’s due diligence process
• Negotiating the term sheet on your behalf – it is not just the margin and the lender’s fees you need to consider!
Deborah is highly regarded across the region as a banking and finance specialist and joined Endeavour Partnership as a Partner last year. Using her 25+ years of experience as a banking and finance lawyer Deborah delivers bespoke commercial legal advice to a wide variety of businesses, from start-ups and SMEs to large corporate bodies.
Deborah says: “We want to help businesses to get ahead of the funding curve. There are plenty of funding options available to companies whether they want to raise funds for capital expenditure or make strategic acquisitions.
“We like to get to know a business early in their development so we can help match them with the best funding for their needs.”
From her background in acting on behalf of both lenders and borrowers, Deborah has gained a detailed and in-depth understanding of how participants on each side of the fence think and operate.
“My background means I appreciate the arguments from both sides so I know what the borrower’s concerns will be and I can explain them to the bank and alternatively – if the bank appears to be digging its heels in on a point – I can explain to the borrower what the bank’s credit issues are.”
Deborah has previously advised local, national and international businesses, including universities and housing providers, in relation to their borrowing requirements. She has also acted in many of the region’s most complex and highvalue deals in the football, hospitality and student accommodation sector. The team is currently working with a host of businesses in Teesside’s thriving tech sector.
For example, Deborah has worked with a hotel developer client in relation to several projects including both development and investment. Her experience of hotel development finance proved invaluable; knowing what the key issues in the sector were helped guide the client through the process from the heads of terms stage through to first drawdown of funds.
Deborah is keen to point out that the perception that banks are closed for new business in these times of uncertainty is not the case, adding: “This is unfair. Banks have a strict credit process; they must be more diligent than maybe they were previously.
But for good credit and a solid proposal, the banks are there for the region’s growing businesses.
“We work extensively with CEOs or FDs who even though they have financial expertise are simply too busy to deal with the legal funding documentation themselves, or a business where the owner managers are experts at their own day job, but where finance or legal issues aren’t really within their skillset.
“Whether you need a second opinion, initial advice or full-scale engagement, our team can assist.”
Endeavour Partnership is exclusively a commercial law firm, taking its dedication and commitment to businesses personally.
“We know what running and growing a business is all about, so we know how important specialist support can be,” adds Deborah.
“We cover key areas including corporate and commercial, commercial property, employment law and HR, corporate recovery and insolvency and commercial disputes.”
Celebrating its 20th year in business, Endeavour Partnership has grown from four founding partners looking to fill the calling of a business-only law firm to a now 60-strong team devoted to its clients and Teesside.