Jon Bew > Shoosmiths LLP > Birmingham, England > Lawyer Profile
Shoosmiths LLP Offices
103 COLMORE ROW
BIRMINGHAM
B3 3AG
England
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Jon Bew
Work Department
Partner, Banking and Finance
Position
Jon is an experienced finance lawyer specialising in acting for both borrowers and lenders on asset based lending transactions, both domestic and cross border. The majority of Jon’s clients are the funders, including the main high street banks that are active in asset based lending as well as a great many non-high street bank or independent funders (including Shawbrook, Arbuthnot Latham, Investec, Close Brothers and Hitchai Capital).
A typical transaction would include a combination of receivables finance alongside one or more of plant and machinery, inventory, property and/or cashflow facilities. The purpose of such facilities can range from a straightforward re-finance to a family cash out, PE investment, trade sale/purchase or a more distressed situation.
Recent examples of transactions include:
- acting for Shawbrook Bank in the $70,000,000 syndicated facility alongside Wells Fargo, providing funding to Project Piper to assist with working capital and growth plans;
- advised Close Brothers on the acquisition finance aspects of Trust Tech Inc’s acquisition of GAP Personnel and assisted with the £20m funding facility;
- represented Shawbrook on an asset based lending package to Webster & Horsfall;
- advising Arbuthnot on a £5m asset based lending facility to Morris Angel & Son;
- advising ABN on a £16m receivables finance facility with Affinity Workforce;
- advising Arbuthnot on a £6.5m ABL facility being made available to the Fluorocarbon group.
In the directories, Jon is ranked as a tier 1 “Leading Individual – Hall of Fame” finance lawyer in the West Midlands by Legal 500 – one of only three lawyers with that ranking – and is regularly ranked in tier 1. The team was also ranked tier 1 nationally in asset based lending alongside Mayer Brown.
Career
Jon joined Shoosmiths as a partner in November 2019 following six years as a partner at Irwin Mitchell and prior to that ten years as a partner at Squire Patton Boggs.
Lawyer Rankings
West Midlands > Finance > Banking and finance
(Hall of Fame)Shoosmiths LLP’s team is experienced in asset-based lending, leveraged and acquisition finance, corporate banking and real estate finance. The practice is led by Jon Bew, who is strong in addressing issues related to invoice finance, asset based lending, inventory finance and distribution finance. David Adams strengthens the team with his broad experience in areas such as real estate finance, domestic and international acquisition finance, and pensions finance, while Natalie Barnes specialises in asset-based lending.
London > Finance > Asset based lending
(Leading individuals)Drawing upon ‘strong experience and knowledge of the ABL sector’, Shoosmiths LLP provides ‘high-quality’ advice to a lender-focused client base, primarily on bilateral facilities, to help domestic SME corporates on new money facilities (for working capital and growth purposes), as well as refinancings. Team head Jon Bew ‘is always approachable, knowledgeable and practical’, ensuring he is a popular choice among non-bank lenders on the structuring of a range of ABL products (including receivables financing and supply chain financing), as well as in relation to the drafting of their template documentation. Birmingham-based partner Natalie Barnes is also recommended.
Lawyer Rankings
- Hall of Fame West Midlands > Finance > Banking and finance
- Banking and finance West Midlands > Finance
Top Tier Firm Rankings
- Insurance > Clinical negligence: claimant
- Real estate > Environment
- Employment > Health and safety
- Finance > Insolvency and corporate recovery
- TMT (technology, media and telecoms) > IT and telecoms
Firm Rankings
- Finance > Banking and finance
- Dispute resolution > Banking litigation
- Dispute resolution > Commercial litigation: Birmingham
- Real estate > Construction
- Corporate and commercial > Corporate and commercial: Birmingham
- Public sector > Education
- Employment > Employment
- TMT (technology, media and telecoms) > Intellectual property
- Real estate > Planning
- Real estate > Property litigation
- Real estate > Commercial property: Birmingham
- Real estate > Social housing
- Insurance > Personal injury: claimant
- Employment > Pensions