Independent Legal Advice – Business Loan or Commercial Facility

Fast, Fixed-Fee Legal Advice – Without the Drama

If you’re being asked to obtain Independent Legal Advice (ILA) in connection with a business loan or commercial facility, it’s likely because you’re signing a personal guarantee or legal charge as additional security for the loan. This is a standard condition imposed by many lenders, even when you’re fully aware of the risks involved. 
It may feel like an unnecessary formality—but the lender won’t proceed without it. 
That’s where we come in. At ILA-Connect, we make the process straightforward, fast, and affordable.

Why Choose ILA-Connect?

• Next-day appointments available
• Fixed, all-inclusive pricing
• Nationwide service via secure video call
• Booking confirmation and client portal access sent immediately
• Fast turnaround on signed ILA certificates

Special Delivery Option 

If the lender or solicitors require wet-ink signed documents to be posted to them, we recommend the use of Special Delivery for tracked postage. We can arrange this for an additional £15 + VAT.

How the Process Works

1. Book your appointment online based on the number of individuals requiring ILA
2. Instantly receive a booking confirmation and secure portal login
3. Upload the required documents via your portal:
   1. The loan or facility agreement
   2. The personal guarantee or legal charge
   3. Any ILA certificate or solicitor form provided by your lender
   4. Two forms of ID (one photo ID and one proof of address)
4. Attend your appointment by secure video call
5. Receive your signed certificate — sent to you, your solicitor, or your lender as required

Who Is This For? 

We provide Independent Legal Advice for a wide range of business lending scenarios, including: 

• Directors or shareholders providing personal guarantees
• Individuals granting a legal charge over jointly owned or residential property
• Family members or spouses being asked to consent to a mortgage or guarantee
• Cases where a solicitor-signed certificate is required before funds can be released

Examples of Business Loans Requiring ILA 

You may be asked to obtain ILA in connection with: 

• A company overdraft being increased or renewed
• A commercial mortgage taken out by your business
• A secured loan for working capital, stock, or equipment
• A Recovery Loan Scheme or other government-backed facility
• A refinancing arrangement where directors are asked to sign fresh guarantees
• A short-term loan that requires a legal charge over your residential property
• Loans involving invoice finance, asset finance, or merchant cash advance 

Whatever the structure, if you’re being asked to provide security or sign as a guarantor, we can help.

Trusted by Clients Working with Major Business Lenders

Our solicitors regularly advise clients borrowing from:
Barclays • Lloyds • HSBC • NatWest • Santander • Metro Bank • Allica Bank • OakNorth • Funding Circle • Starling • Tide • and many others.

Even if your lender isn’t listed, we can almost certainly help.