Victoria specialises in advising issuers, special purpose vehicles, corporate borrowers, banks and other financiers on asset based lending, receivables financing, securitisations, private placements and other forms of debt capital markets transactions.

Victoria's experience

  • Advised Whittan Intermediate Limited, a leading storage solutions provider, on its pan-European asset-based lending facilities and subsequent amendments and extensions to the facility.

  • Advised on a £40m recourse receivables finance facility with HSBC and Natwest to support working capital funding for multiple entities in the IG Design Group across England and the Netherlands.

  • Advised Nucleus Cash Flow Finance, a specialist finance provider, in connection with their forward flow financing of an SME loan portfolio with Castlelake.

  • Advised Allica Financial Services Limited, a specialist financial services provider, on a working capital facility to support restructuring of an employee ownership trust with additional investment.

  • Advised The Go Ahead Group Limited on their borrowing base funding facility to finance the fleet of buses to be used with certain franchises Go Ahead won for Transport for Greater Manchester's public transport network and with financing the electrification of the fleet over time.

    • United Kingdom
  • Advised a major financial institution on the refinance of a securitisation of a portfolio of hire purchase receivables originated by Ultimate Asset Finance and the subsequent move to an STS compliant structure.

  • Advised Modella Capital, the retail investor, on the special situations financing aspects of its acquisition of the WH Smith high street stores (now trading as TG Jones).

  • Acted for Pertemps, a UK and international staffing provider, on the refinance of its £110m receivables financing arrangements with RBS Invoice Finance Limited and Virgin Money. The transaction involved more than 70 obligors granting security and was delivered through a coordinated approach utilising the firm’s advanced delivery team.

  • Acted for an asset-based lender in connection with a facility comprising a receivables purchase and a plant & machinery borrowing base term loan facility to support their client in acquiring a new business and providing working capital support, highlighting our firm's flexibility to advise across various specialisms within Banking and Finance.

  • Advising a leading UK bank on a £45 million back-to-back ABL facility

Credentials

  • 2026
    Thomson Reuters Stand Out Lawyer
  • 2007
    Qualified - England & Wales
  • 2005
    Legal Practice Course - College of Law, Birmingham
  • 2004
    PGDL - College of Law, Birmingham
  • 2003
    BA (Honours) Biology - Imperial College of Science, Technology and Medicine
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Out-Law / Insight by Victoria Baker

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