Euan Cluness

Euan also has extensive experience of asset based lending and is regarded as an expert in the Scottish market in this field.

Clients have provided feedback that Euan gives concise and clear legal advice which is commercially focused and relevant to them.  The Legal 500 ranks Euan as a “leading individual” in banking and finance with clients commenting “Euan has become a go-to legal adviser in his area of practice.  Time and again he is exceptional in finding commercially driven solutions across financing agreements, he has a very good grip on the market and what is seen as acceptable.”

Jurisdiction: Scotland

• Euan acted for a syndicate of lenders in relation to the provision of asset based lending facilities of £150m to one of the leading suppliers of malt to the brewing and distilling industry.
•  Euan acted for a high street bank in providing a bespoke cashflow finance, asset based lending and equipment finance facilities to a large food and drink manufacturer to acquire a substantial overseas competitor.
• Euan acted for a syndicate of lenders in relation to their provision of £100m of revolving credit facilities to a Scottish university.
• Euan has acted in relation to a high street bank in relation to their provision of growth finance facilities to a number of high growth technology companies.