1) Accident Credit Group (ACG) is a specialist lender that provides credit to motor vehicle repair networks for non-fault accident repairs.
2) The management team has extensive experience in lending, collections, and building operational infrastructure. They recently managed £1.5 billion in funding assets.
3) ACG has raised £2 million in funding through a mixture of equity and loan notes. They plan to provide £46 million in new credit over their first 18 months.
In our efforts toward personal finance literacy and educating the younger generation to take smart personal finance decisions for stable future we have been running series of presentation for staff at startups in pune. This is one of thous presentation held in in pune last month.
JDF Lend Limited are professions finance and corporate finance specialists. We provide nationwide, fast and flexible business finance solutions for any purpose including;
Asset Finance, Cash Flow, Tax & VAT Loans, Working Capital Finance, Practice Loans, Acquisition Loans, Insurance, Debtors Funding, Invoice Finance, Commercial Mortgages and many more to all industries over terms that suit your needs. Our specialist team of experienced advisors can arrange very competitive funding to help you meet your future capital needs ‘head-on’.
In our efforts toward personal finance literacy and educating the younger generation to take smart personal finance decisions for stable future we have been running series of presentation for staff at startups in pune. This is one of thous presentation held in in pune last month.
JDF Lend Limited are professions finance and corporate finance specialists. We provide nationwide, fast and flexible business finance solutions for any purpose including;
Asset Finance, Cash Flow, Tax & VAT Loans, Working Capital Finance, Practice Loans, Acquisition Loans, Insurance, Debtors Funding, Invoice Finance, Commercial Mortgages and many more to all industries over terms that suit your needs. Our specialist team of experienced advisors can arrange very competitive funding to help you meet your future capital needs ‘head-on’.
Captive Insurance Group - A Risk Management Strategycaptiveinsurance
We provide our clients with unique risk management tools & support designed to help them control their costs with private insurance companies.
With extensive experience, our team of dedicated professionals can help deliver the stability and predictability you need in order to lower costs and drive profits.
With creative concepts and an intuitive grasp on our clients’ goals, we design policies that help you strengthen your position in the present and protect you as you head into the future.
“Our obligation is to serve Commercial Contractors in growing their business by providing credit line solutions to help them expand and solve cash flow issues. We welcome the oppourtunity to earn your business!”
CEO- Kurt Nederveld
2015 was an interesting year for the UK trade credit insurance market. There have been soft market conditions and premium rates have been at historically low levels, with the size and frequency of claims increasing alongside this. In 2016 we expect market conditions to remain competitive and pricing to stabilise. This is due to the claims environment and global uncertainty from commodity price volatility, the Chinese stock market and a potential housing bubble in the UK.
Surety Industry Overview: State of the Industry by Cissie ScogginDon Grauel
Cissie Scoggin of Liberty Mutual Insurance presented "Surety Industry Overview: State of the Industry" to the 68th Annual F. Addison Fowler Fall Seminar on October 17, 2014.
The Essex, Bexleyheath & Erith Mixed Use Loan was drawn down by the borrower in May 2015. The £978,000 loan represented a 75% Loan-to-Value (LTV) and was secured with a first legal charge over the properties.
The Loan remains in Active Good Standing, with no late or missed payments and 12 months left on the loan term.
Download the Case Study to learn more about this Loan Investment and to review the performance to date.
Captive Insurance Group - A Risk Management Strategycaptiveinsurance
We provide our clients with unique risk management tools & support designed to help them control their costs with private insurance companies.
With extensive experience, our team of dedicated professionals can help deliver the stability and predictability you need in order to lower costs and drive profits.
With creative concepts and an intuitive grasp on our clients’ goals, we design policies that help you strengthen your position in the present and protect you as you head into the future.
“Our obligation is to serve Commercial Contractors in growing their business by providing credit line solutions to help them expand and solve cash flow issues. We welcome the oppourtunity to earn your business!”
CEO- Kurt Nederveld
2015 was an interesting year for the UK trade credit insurance market. There have been soft market conditions and premium rates have been at historically low levels, with the size and frequency of claims increasing alongside this. In 2016 we expect market conditions to remain competitive and pricing to stabilise. This is due to the claims environment and global uncertainty from commodity price volatility, the Chinese stock market and a potential housing bubble in the UK.
Surety Industry Overview: State of the Industry by Cissie ScogginDon Grauel
Cissie Scoggin of Liberty Mutual Insurance presented "Surety Industry Overview: State of the Industry" to the 68th Annual F. Addison Fowler Fall Seminar on October 17, 2014.
The Essex, Bexleyheath & Erith Mixed Use Loan was drawn down by the borrower in May 2015. The £978,000 loan represented a 75% Loan-to-Value (LTV) and was secured with a first legal charge over the properties.
The Loan remains in Active Good Standing, with no late or missed payments and 12 months left on the loan term.
Download the Case Study to learn more about this Loan Investment and to review the performance to date.
- 8.25% per annum or 8.75% per annum for a 3-year or 5-year investment
- Interest can be paid as an income or rolled up
- Automatic exit upon maturity, and no need to get involved.
- First floating charge over all of the Company assets, which are held by an FCA-authorised company acting as Trustee for the benefit of the investors.
- Available in any of the three wrappers: cash, ISA, and pension.
This is an opportunity to invest in 8.75% for 5 years debentures from an innovative loans company with a market capitalisation of £10m. The company has a simple business model, lending through three wholly owned subsidiaries offering cash flow, finance and investments and bridging loans.
The company which is a Plc has been strategically formed to add value to the companies it supports. It is a team of business builders whose individual experience encompasses finance, operations, marketing, product development and sales. This enables the three subsidiaries to provide a personable and knowledgeable underwriting service that was described by an existing customer who simply said, ‘it’s like business banking used to be.’
The people behind the company are passionate about finance and enhancing UK business. Their objective is to help to bridge the corporate funding gap and stimulate the growth of UK business.
Subsidiary 1 - Cash flow loans are available to established UK limited and LLPs that are keen to grow facilitated through a secured flexible revolving credit facility as an alternative to a bank overdraft or business
loan. Credit lines are between £10,000 and £500,000 and operate in a similar way to a bank overdraft.
Subsidiary 2 - Finance loans and investments subsidiary takes an equity stake in the company in conjunction with longer-term loans, with repayments to suit the individual company profile.
Typically these companies will have demonstrated the ability to invest, grow and successfully manage their existing cash flow credit facility.
Subsidiary 3 - The bridging loans subsidiary specialises in providing funding to the commercial property sector. The funds are always 100% secured against real assets and supported by additional security. Funding solutions are between £50,000 to £500,000 and are only provided to experienced, solvent commercial borrowers. The company won the Client Choice Award for Best Commercial Property Lender Corporate Live Wire 2016 Financial Award.
The debentures on offer relate to the bridging loans subsidiary.
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A surety bond is a financial instrument through which an insurance company guarantees the successful performance of an Aon
client to a third party, known as a beneficiary or employer. It is a written agreement that provides compensation in the event
that specified obligations are not performed within a stated period.
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