- In March 2016, Asgard Partners advised VFS Legal Funding in identifying and implementing a structured finance solution involving equity, subordinated debt and an initial £20 million senior debt facility to support the Company's future growth plans
- Established in 2011, VFS Legal provides cash flow funding facilities tailored to the working practices and needs of law firms
- The management team (with over 60 years’ combined experience) were looking to build on their core products of the Costs Advance Facility and Disbursement Costs Facility
- The role of Asgard Partners included exploring the optimum capital structure to meet the Company’s long term needs and negotiating the terms through to closing
"I have known Asgard Partners for many years and had no hesitation in appointing them to help me find the right funding solution to match our growth plans given their structuring expertise. They identified various capital structure combinations involving equity, subordinated and senior debt and explored them assiduously before coming up with the best fit for our particular business needs."
Norman Kenvyn, Chief Executive and Founder, VFS Legal Funding
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