2. Introduction Accident Credit Group (ACG) is a specialist lender, funding non-fault motor vehicle accident repairs for motor vehicle repair networksthrough credit repair. The management team of ACG have many years experience in lending, collections and building operational infrastructures and recently had c£1.5bn of funding assets for a motor finance and mortgage lender, through a mixture of equity and warehouse debt. John Byrne – Chief Executive Officer John has over 17 years experience in financial services and was the founder of Blue Motor Finance, a non-prime specialist hire purchase lender, which was acquired by Merrill Lynch in December 2005 in return for a £430m funding line and £7m of equity investment. Keith Dearling – Commercial Director Keith founded Advantage Home loans which processed in excess of £1bn of new Mortgages, specialising in the non-prime sector. Keith successfully sold Advantage to Morgan Stanley in 2005, where an initial funding investment of £1bn catapulted it into one of the largest specialist lenders in its sector. Richard Wilding – Sales Director Richard has over 15 years experience in the Finance and Insurance industries at a senior management level. He set up Guardian Funding in 2009. Debbie Nowell – Operations Director Debbie has over 20 years experience in lending, collections and operational infrastructures. Debbie was part of the management team that sold Blue Motor Finance to Merrill Lynch. ACG has raised £2m of funding on a rolling monthly facility via a mixture of equity and loan notes and are looking to write c£46m of new business in its first 18 months of trading.
3. Credit Repair Agreement Customer needs to sign pages 1 and 5 (before repairs start). Return pages 1 – 3 to ACG (see contact sheet) Customer retains sheets 4 - 8
4. Notice of right to cancel Customer retains both copies of the Notice of Right to Cancel. They DO NOT need to sign and should only return to ACG if they wish to cancel the Credit Repair.
5. Frequently Asked Questions Why ACG? Feedback from our referral partners has suggested that they would benefit from an alternative, more attractive credit proposition. Who are ACG? Accident Credit Group Ltd is an independently funded credit repair provider, working in partnership with industry partners to complement their core products and services. What do ACG do? ACG provide a stand alone funding facility for credit repair only. Who do ACG work with? ACG work in association with medium to large CHOs, Legal Practices and Accident Management Companies. Do ACG provide credit hire? No, this is provided by their partners, in this case AX. Do ACG manage personal injury claims? No, but some of their partners specialise in PI. Where does ACGs income come from? Typically ACG charge 10% of the repairers pre-agreed final invoice. All work accepted by ACG is independently inspected and agreed prior to the work commencing. ACG then pursue the 3rd party insurer for the full amount
6. Contact Details OperationsFinance David Walsh – Underwriting Manager Allison Marshall – Financial Controller t: 0844 740 2381 t: 0844 740 2381 f: 0844 740 2391 f: 0844 740 2391 e: info@accidentcreditgroup.co.uke: allisonmarshall@accidentcreditgroup.co.uk Sales Richard Wilding – Sales Director t: 0844 740 2381 m: 0772 856 5536 e: richardwilding@accidentcreditgroup.co.uk Credit Repair Agreements Please forward all signed CRA’s to:- cra@accidentcreditgroup.co.uk Originals must be posted to our mail address below. Accident Credit Group Ltd Chadwick House Birchwood Park Warrington WA3 6AE
