International law firm Ashurst has provided legal counsel to Faktus on the establishment of the Fonds Commun de Titrisation (FCT) Faktus Financement. This fund aims to deliver tailored financing solutions specifically designed for companies in the construction and services sectors. The launch of this innovative financing initiative is expected to enhance Faktus’s ability to mobilize additional financial resources for its clients.
The newly established FCT will facilitate access to alternative financing options, thereby optimizing cash flow management for borrowers through loans that are secured by the assignment of receivables. This approach will enable clients to better manage their financial needs, particularly in cash-intensive industries.
Ashurst’s Role in Structuring the Fund
Ashurst’s involvement in this transaction encompassed various critical legal and regulatory aspects related to the fund’s structure. The firm was responsible for negotiating the contractual documentation while also coordinating with multiple parties involved in the transaction. These parties included the management company, investors, and financial partners, all of whom play a crucial role in the fund’s operation.
The team at Ashurst that led this effort was headed by Agathe Motte, partner in structured finance, alongside Aurélien Fournier, counsel. Both professionals are based in Paris and bring extensive experience in structured finance to this innovative project.
Faktus’s Strategy for Growth
The launch of the FCT Faktus Financement is part of Faktus’s broader strategy to provide innovative financing solutions that meet the specific requirements of companies operating in sectors that often face cash flow challenges. By facilitating access to this new fund, Faktus aims to support the growth and sustainability of its clients across the construction and services industries.
This initiative underscores the increasing importance of alternative financing solutions in today’s economic landscape, especially for businesses that rely heavily on cash flow. Faktus’s commitment to addressing the unique financial challenges of these sectors reflects an adaptive approach to the changing needs of the market.
Ashurst’s expertise in structured finance positions it well to support Faktus in this venture, ensuring that all aspects of the fund are compliant with relevant regulations and that the necessary legal frameworks are in place for its successful operation.
As the FCT Faktus Financement begins to operate, it is anticipated to play a significant role in enhancing the financial capabilities of its clients, ultimately contributing to their growth and stability in a competitive environment.
