Hamilton Locke Advises Longreach Credit Investors and Balmain on its Refinancing of Beforepay

Hamilton Locke has acted for Longreach Credit Investors and Balmain in relation to the successful refinancing of Beforepay’s existing debt facility with Longreach Credit Investors in a syndicated deal with each lender extending an aggregate $55 million senior secured loan facility to Beforepay.

Beforepay is a leading app-based fintech which offers a unique ‘pay on demand’ solution to allow consumers to free up access to their salary. The funding will be primarily used by Beforepay to support its current growth trajectory in its loan book.

Commenting on the transaction, Zina Edwards said: “We are delighted to have worked with the Longreach and Balmain team on the refinancing of Beforepay. We look forward to following the continued growth of Beforepay and its pay advance product.

The Hamilton Locke team acting for Longreach Credit Investors and Balmain was led by partner and Head of Finance, Zina Edwards and Special Counsel, Mairead Finn who was closely supported by Lawyer, Mai Dang. Financial Services Regulatory Partner, Jaime Lumsden and Special Counsel, Jessica Smith supported the finance team on financial regulatory issues and Finance Partner, Adam Jeffrey acted for AMAL Trustees, who was appointed to act as security trustee on behalf of the lenders.

For more information, please contact Zina Edwards and Adam Jeffrey.


Partner, Head of Finance

Special Counsel

Senior Associate