ING offers several working capital solutions to help companies improve cash flow and optimize their financial supply chains, including supply chain finance, trade receivables purchase programs, and international corporate receivables financing. These solutions can help diversify funding sources, improve financial ratios, increase free cash flow, and realize pricing benefits. ING has global expertise in these programs across many industries.
The document discusses the challenges of complex domain models in software systems, such as data inconsistencies. It introduces several domain-driven design concepts to address these challenges, including aggregates, commands, events, and the separation of reads from writes (CQRS). Aggregates group entities together consistently while commands and events allow modeling business actions and events independently of data access. This improves consistency and allows scaling reads differently than writes.
Management de Projet: piloter, animer, conduire des projetsPascal Méance
Maîtriser les enjeux et les bases (concept et pratique) du management de projet: poser les fondations, préparer et lancer, conduire et animer, clore. Points de référence sur la planification (PERT et Gantt) et l'analyse des coûts (valeur acquise) - Points d'attention sur les risques et la communication de projet.
InvoiceFair - Supply Chain Funding, Beyond The BanksEmma Fortune
InvoiceFair provides alternative financing solutions for SMEs through an online auction platform. It allows companies to access cash quickly by selling approved invoices, purchase orders, and recurring revenues to institutional investors through the platform. InvoiceFair has funded over €300 million for customers across various sectors. It aims to give SMEs control over their funding and more flexible options compared to traditional banks.
The document discusses the challenges of complex domain models in software systems, such as data inconsistencies. It introduces several domain-driven design concepts to address these challenges, including aggregates, commands, events, and the separation of reads from writes (CQRS). Aggregates group entities together consistently while commands and events allow modeling business actions and events independently of data access. This improves consistency and allows scaling reads differently than writes.
Management de Projet: piloter, animer, conduire des projetsPascal Méance
Maîtriser les enjeux et les bases (concept et pratique) du management de projet: poser les fondations, préparer et lancer, conduire et animer, clore. Points de référence sur la planification (PERT et Gantt) et l'analyse des coûts (valeur acquise) - Points d'attention sur les risques et la communication de projet.
InvoiceFair - Supply Chain Funding, Beyond The BanksEmma Fortune
InvoiceFair provides alternative financing solutions for SMEs through an online auction platform. It allows companies to access cash quickly by selling approved invoices, purchase orders, and recurring revenues to institutional investors through the platform. InvoiceFair has funded over €300 million for customers across various sectors. It aims to give SMEs control over their funding and more flexible options compared to traditional banks.
This document discusses various financing solutions available from Lloyds TSB Corporate Markets, including asset financing instruments like finance leases, operating leases, and sale and leaseback agreements. Finance leases allow businesses to obtain assets with minimal upfront costs while benefitting from competitive rates. Operating leases provide flexibility and off-balance sheet treatment for short-term assets. Sale and leaseback agreements allow businesses to release capital from existing assets while maintaining use through a leaseback.
Credit insurance provides coverage for commercial and political credit risks to help mitigate risks and enhance credit for companies. It covers losses from buyer insolvency or protracted default. The policy sets approved credit limits for buyers based on underwriting. Claims are settled after a waiting period if the debt remains unpaid. Credit insurance advantages include supporting global expansion, checking buyer creditworthiness, and protecting balance sheets from unexpected losses.
PréstamoVida es la única entidad especializada en otorgar préstamos sobre pólizas de seguros del mercado español.
Cuenta con el apoyo importante de Cofidis - www.cofidis.es - con 1,5 millones de clientes, 750 colaboradores y 20 años de experiencia en España.
Se dirige a clientes con una póliza de seguro de ahorro y de renta individual y que se enfrenten a una necesidad temporal de liquidez.
Más de 6 millones de clientes poseen una póliza de éstas características en España.
Steve Solomon presents options for finding capital in difficult times. He discusses analyzing cash flow, improving collection of debts, managing inventory and expenses. Financial tools available include overdrafts, loans, invoice discounting, asset financing and equity options. Understanding cash flow cycles and having a strategy is key to navigating hard times.
This document provides an overview of a company that specializes in trade finance and investment finance. It outlines the company's introduction, importance of trade finance, offices locations, network of agents, ideal clients, competitive advantages, services, and process. The company works to expand trade finance services globally and provides financing options like letters of credit, guarantees, and bonds to importers and exporters.
A Managed Service Program: Global Sales and PurchasingEd Buchner
Target Users learn how to disproportionately increase net profitability by linking to this Managed Service Program to fill the opportunity gap in circling wider in sales and purchasing with minimal increase in overheads.
Financial Capital Solutions provides various financing options for commercial and personal needs, including commercial loans, asset-based lending, equipment leasing, merchant cash advances, and real estate financing. They have extensive experience funding transactions from $5,000 to over $100 million, and offer competitive rates and quick approval processes. The document outlines the various financing products and services available and their benefits for both business and consumer clients.
Unified Energy provides energy procurement and management services including commodity procurement, demand response, and data management. It has over 150 years of combined experience in energy markets. Unified Energy was acquired by Tullett Prebon, the #1 ranked interdealer broker of commodities. Tullett Prebon's acquisition of Unified Energy provides access to its international capabilities and over $1 billion in annual revenue. Unified Energy offers customers services like full bill auditing, benchmarking, automated data reporting and tracking of energy budgets to help lower costs.
Outsource and profit from the Opportunity Gap in International ActivitiesEd Buchner
This Managed Services Program proactively creates additional net profit for small and medium enterprises through new operations outside their traditional geographic terrain.
Partners Capital Group provides financing options such as leases, loans, and rental agreements for equipment, software, and services. They can finance transactions between $2,000 to $10,000,000 with terms from 6 to 84 months. Partners works with manufacturers, dealers, and distributors to offer financing solutions to their customers in all 50 states.
This document provides an overview of international business and trade finance facilities. It discusses the rationale for international business, key characteristics and challenges. It also explains various trade finance facilities and services offered by banks to facilitate international trade, including letters of credit, bills of exchange, guarantees, and factoring. The roles of important players like exporters, importers, banks and governments are also summarized.
The materials handling sector supports other industries by moving and storing goods, but it has been affected by economic uncertainty in recent years. Tight margins, rising costs, regulations, and technological changes are squeezing cash flow and making investment difficult. Asset finance from Close Brothers can help businesses access funding to purchase new equipment and unlock value from existing assets, with benefits like tax breaks and increased working capital. Close Brothers offers various finance products tailored to individual business needs with rapid decision making and industry expertise.
Receivables management by Aakash TiwariAAKASH TIWARI
Receivables, also known as accounts receivable, refer to money owed by customers who have purchased goods or services on credit. Effective receivables management aims to determine credit policies that maximize sales revenue while minimizing costs associated with extending credit, such as collection costs, capital costs, delinquency costs, and default costs. The document discusses key aspects of receivables management including evaluating customer creditworthiness, setting appropriate credit terms, and balancing the costs and benefits of maintaining receivables.
Lloyds Bank Lancashire and Cumbria Banking TeamGarry Birchall
This document provides information on banking services available from Lloyds Bank to support businesses in Lancashire and Cumbria. It introduces David Mitchell, the Area Director who manages a team of eight relationship managers covering the region. The relationship managers and their contact details are then listed, along with the types of clients they each cover based on business turnover. Specialists in areas like invoice finance, international business and asset finance are also mentioned as available through the local banking team. The document emphasizes Lloyds Bank's commitment to understanding clients' businesses and goals in order to help them succeed and outlines some of the lending, working capital and trade finance solutions available.
This document discusses various financing solutions available from Lloyds TSB Corporate Markets, including asset financing instruments like finance leases, operating leases, and sale and leaseback agreements. Finance leases allow businesses to obtain assets with minimal upfront costs while benefitting from competitive rates. Operating leases provide flexibility and off-balance sheet treatment for short-term assets. Sale and leaseback agreements allow businesses to release capital from existing assets while maintaining use through a leaseback.
Credit insurance provides coverage for commercial and political credit risks to help mitigate risks and enhance credit for companies. It covers losses from buyer insolvency or protracted default. The policy sets approved credit limits for buyers based on underwriting. Claims are settled after a waiting period if the debt remains unpaid. Credit insurance advantages include supporting global expansion, checking buyer creditworthiness, and protecting balance sheets from unexpected losses.
PréstamoVida es la única entidad especializada en otorgar préstamos sobre pólizas de seguros del mercado español.
Cuenta con el apoyo importante de Cofidis - www.cofidis.es - con 1,5 millones de clientes, 750 colaboradores y 20 años de experiencia en España.
Se dirige a clientes con una póliza de seguro de ahorro y de renta individual y que se enfrenten a una necesidad temporal de liquidez.
Más de 6 millones de clientes poseen una póliza de éstas características en España.
Steve Solomon presents options for finding capital in difficult times. He discusses analyzing cash flow, improving collection of debts, managing inventory and expenses. Financial tools available include overdrafts, loans, invoice discounting, asset financing and equity options. Understanding cash flow cycles and having a strategy is key to navigating hard times.
This document provides an overview of a company that specializes in trade finance and investment finance. It outlines the company's introduction, importance of trade finance, offices locations, network of agents, ideal clients, competitive advantages, services, and process. The company works to expand trade finance services globally and provides financing options like letters of credit, guarantees, and bonds to importers and exporters.
A Managed Service Program: Global Sales and PurchasingEd Buchner
Target Users learn how to disproportionately increase net profitability by linking to this Managed Service Program to fill the opportunity gap in circling wider in sales and purchasing with minimal increase in overheads.
Financial Capital Solutions provides various financing options for commercial and personal needs, including commercial loans, asset-based lending, equipment leasing, merchant cash advances, and real estate financing. They have extensive experience funding transactions from $5,000 to over $100 million, and offer competitive rates and quick approval processes. The document outlines the various financing products and services available and their benefits for both business and consumer clients.
Unified Energy provides energy procurement and management services including commodity procurement, demand response, and data management. It has over 150 years of combined experience in energy markets. Unified Energy was acquired by Tullett Prebon, the #1 ranked interdealer broker of commodities. Tullett Prebon's acquisition of Unified Energy provides access to its international capabilities and over $1 billion in annual revenue. Unified Energy offers customers services like full bill auditing, benchmarking, automated data reporting and tracking of energy budgets to help lower costs.
Outsource and profit from the Opportunity Gap in International ActivitiesEd Buchner
This Managed Services Program proactively creates additional net profit for small and medium enterprises through new operations outside their traditional geographic terrain.
Partners Capital Group provides financing options such as leases, loans, and rental agreements for equipment, software, and services. They can finance transactions between $2,000 to $10,000,000 with terms from 6 to 84 months. Partners works with manufacturers, dealers, and distributors to offer financing solutions to their customers in all 50 states.
This document provides an overview of international business and trade finance facilities. It discusses the rationale for international business, key characteristics and challenges. It also explains various trade finance facilities and services offered by banks to facilitate international trade, including letters of credit, bills of exchange, guarantees, and factoring. The roles of important players like exporters, importers, banks and governments are also summarized.
The materials handling sector supports other industries by moving and storing goods, but it has been affected by economic uncertainty in recent years. Tight margins, rising costs, regulations, and technological changes are squeezing cash flow and making investment difficult. Asset finance from Close Brothers can help businesses access funding to purchase new equipment and unlock value from existing assets, with benefits like tax breaks and increased working capital. Close Brothers offers various finance products tailored to individual business needs with rapid decision making and industry expertise.
Receivables management by Aakash TiwariAAKASH TIWARI
Receivables, also known as accounts receivable, refer to money owed by customers who have purchased goods or services on credit. Effective receivables management aims to determine credit policies that maximize sales revenue while minimizing costs associated with extending credit, such as collection costs, capital costs, delinquency costs, and default costs. The document discusses key aspects of receivables management including evaluating customer creditworthiness, setting appropriate credit terms, and balancing the costs and benefits of maintaining receivables.
Lloyds Bank Lancashire and Cumbria Banking TeamGarry Birchall
This document provides information on banking services available from Lloyds Bank to support businesses in Lancashire and Cumbria. It introduces David Mitchell, the Area Director who manages a team of eight relationship managers covering the region. The relationship managers and their contact details are then listed, along with the types of clients they each cover based on business turnover. Specialists in areas like invoice finance, international business and asset finance are also mentioned as available through the local banking team. The document emphasizes Lloyds Bank's commitment to understanding clients' businesses and goals in order to help them succeed and outlines some of the lending, working capital and trade finance solutions available.
2. Working Capital Solutions 2Working Capital Solutions 2
Working Capital Solutions
Having a healthy working capital position is key to your
company’s financial position and stability. You are looking
to reduce your need for working capital, reduce costs and
improve your financial supply chain. Looking at the future
your business would benefit significantly if you could:
• Diversify funding
• Improve financial ratios and return on capital employed
• Improve cash flow and optimise working capital
• Realise pricing benefits
• Improve risk management.
ING’s Working Capital Solutions are well equipped to help you
tackle these issues and improve both sides of your balance
sheet by applying one or more of our three working capital
programmes.
Coverage
Our Working Capital Solutions have serviced clients
globally in a broad range of industries, including food &
beverage, steel & non-ferrous metal, packaging, paper,
plastic, construction, building materials, chemicals, energy,
automotive, temporary employment, retail, utilities and
telecommunications and media.
Supply Chain Finance Trade Receivables Purchase
Programme
International Corporate
Receivables Financing
Helps reduce your working capital
needs and can increase free cash flow
Source of funding which is scalable to
finance trade growth and can help to
improve your financial ratios
Tailor-made funding solution designed
to mitigate exposure concentrations
Working Capital Solutions coverage
3. Working Capital Solutions 3
Supplier X
Supplier Y
Supplier Z
Supply Chain Finance is a working capital optimisation tool,
which unlocks cash, trapped both within a company and in the
value chain with key suppliers. ING purchases the approved
trade receivables that suppliers have on the buyer and
basically steps into the shoes of the supplier. Subsequently
ING will receive payment from the buyer when the invoice
becomes due and payable.
Benefits
For the buyer
• A reduction of working capital and increase of free cash
flow through extended payment terms
• Improved relationship with the suppliers, which creates
opportunities to negotiate better terms and conditions
• Reduced operational and payment costs.
For suppliers
• Instant liquidity through early payment of invoices and
lower financing costs
• Unlocking working capital and free cash flow improvement
• Attractive source of non-recourse funding, based on buyer’s
credit rating
• Payment certainty and improved transparency on status
of invoices and timing of payment
• Credit risk management and balance sheet optimisation tool.
Why ING?
• ING offers a fully automated web based SCF solution, which
complies with the highest possible security standards and
is designed to have a limited impact on existing operations
• A detailed supplier analysis based on which an appropriate
supplier on-boarding strategy can be established that will
lead to quick wins for our clients.
• A broad international network supports both buyer and
supplier on-boarding and facilitates an efficient roll out of a
supply chain finance programme.
Client (“Buyer”)
Assets Liabilities
Increased
terms
A/P
A/R
A/R
A/R
Funded
1. Send purchase order (business as usual)
2. Send goods/services and invoice (business as usual)
3. Approve invoice and present on platform (this is new)
4. Supplier needs cash and requests early payment
5. ING pays invoice amount minus a small fee
6. Buyer pays ING invoice amount at due date
Supply Chain Finance
1
2
Buyers Suppliers
Invoice
Invoice
PO
3
6
4
5
ING ISIS platform
ISIS
ING ISIS: +31 (0)20 501 1234, open Monday-Friday, 8.00-18.00 CET | E-mail: ingisis@ing.nl
Unconfirmed Unverified Confirmed Queried Unconfirmed/ Cancelled E-mail Search Change Sign
5 4 3 2 amended 1 0 alerts password out
Unconfirmed
Customer Type Bank reference Bought Sold Rate Deal date Value date Nominal Interest
ECONFIRM FX BC123455 GBP 1,550,000.00 EUR 1,789,000.00 0.8678 08/07/2013 08/07/2013 USD 2,220,998.00 USD -3,999.15
ECONFIRM FX BC123455 GBP 1,550,000.00 EUR 1,789,000.00 0.8678 08/07/2013 08/07/2013 USD 2,220,998.00 USD -3,999.15
4. Client (“Seller”)
Assets Liabilities
Working Capital Solutions 4
Trade Receivables Purchase Programme
ING’s Trade Receivables Purchase Programme provides
an alternative funding solution to the “seller” based on
securitisation techniques, by purchasing large and diversified
portfolios of trade receivables. The transfer of receivables is
typically executed via a true sale of the receivables to ING or
to a so-called special purpose vehicle (SPV).
Your benefits
• Attractive source of committed funding, which offers
competitive pricing up to an AA equivalent rating and
is scalable to finance trading growth
• Anonymous access to financial markets
• The possibility to achieve off-balance sheet treatment
• Strong balance sheet management tool to improve
financial ratios and overall pricing
• Multiple sellers and jurisdictions can be included in
one programme.
Why ING?
• ING combines comprehensive global working capital
solutions capabilities with a local presence spanning
40 countries.
• ING has a successful track record with over 250 TRPP
programmes completed
• An experienced team of professionals is available to
cover all aspects of a TRPP transaction, from feasibility
assessment to documentation.
Obligor 1
Obligor 2
Obligor 3
Obligor 4
Obligor N
Obligor ...
Portfolio of
trade
receivables
Products Purchase price
Purchaser Purchaser
Special purpose
vehicle
Credit
insurer (if any)
True saleSeller
Credit
insurance
policy
Bonds/
loans proceeds
Receivables purchase agreement
Servicing agreement
Receivables
Collections
Receivables
Collections
or
A/R
Funded
Debtor 1
Debtor 2
...
Debtor N
5. Working Capital Solutions 5
International Corporate Receivables Financing facilitates
clients in raising liquidity through the financing of trade
receivables, inventory and purchase orders. ING is able to
take over debtor risk and it can be tailored to the needs of
our customers as a one-off trade receivable purchase or as a
facility for multiple receivables from the same debtor or group
of debtors. Receivables financing can be done with recourse
or on a non-recourse basis.
Your benefits
• Diversification of funding sources, scalable to finance
trading growth at attractive pricing
• Tailor-made funding solution designed to accommodate
exposure concentrations
• Flexible solution designed to capture everything ranging
from single debtor receivables to multi-jurisdiction pools in
a single transaction structure
• Possibility to achieve off-balance sheet treatment for
non-recourse transactions.
Why ING?
• A seasoned team of professionals is available to cover
all aspects of an ICRF transaction
• ING combines comprehensive global working capital
solutions capabilities with a local presence spanning
40 countries and a broad range of industries.
Obligor 1
Obligor 2
Obligor 3
Obligor 4
Obligor N
Obligor ...
Portfolio of
trade
receivables
Products Purchase price
Credit insurer
(if any)
True sale
Originator
Credit
insurance
policy
Receivables purchase agreement
Receivables
Collections
Receivables
Collections
Purchaser
Client (“Seller”)
Assets Liabilities
A/R
Funded
Debtor 1
Debtor 2
...
Debtor N
International Corporate Receivables Financing