Jon Bew > Shoosmiths LLP > Birmingham, England > Lawyer Profile

Shoosmiths LLP
2 COLMORE SQUARE
38 COLMORE CIRCUS QUEENSWAY
BIRMINGHAM
B4 6BJ
England

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)

Jon BewShoosmiths LLP

Shoosmiths LLP‘s practice is particularly lender-focused, with extensive expertise in real estate, education and pensions finance. The team is also strong in real estate finance and general corporate finance, both domestically and internationally. Jon Bew heads the practice; he has over 25 years of experience in invoice finance, asset based lending and distribution finance. He is supported by Natalie Barnes; a partner who specialises in asset based lending and David Adams , who works on pensions finance, education finance and real estate finance.

London > Finance > Asset based lending

(Leading individuals)

Jon BewShoosmiths LLP

Led from the firm’s Birmingham office by the ‘unflappable’ Jon Bew, Shoosmiths LLP provides ‘knowledgeable, helpful and prompt’ advice to a funder-focused client base across a range of primarily domestic small-to-mid-market mandates, including receivables financing, invoice discounting and factoring. Bew’s deep knowledge of the market, which is consequent on his longstanding track record, ensures that, as well as transactional work he is also regularly engaged by lenders to draft their template documentation. Natalie Barnes is also recommended.