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What is - Inksmoor Finance Group · If your business provides credit terms to your customers, Spot Factoring can help you receive funds on day one of invoicing. Once goods / services

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Page 1: What is - Inksmoor Finance Group · If your business provides credit terms to your customers, Spot Factoring can help you receive funds on day one of invoicing. Once goods / services
Page 2: What is - Inksmoor Finance Group · If your business provides credit terms to your customers, Spot Factoring can help you receive funds on day one of invoicing. Once goods / services

What is outsourced credit control?Credit control is the management of a company’s outstanding debts ensuring that your customers pay to the credit terms provided. Inksmoor Finance Group offers the ability for a company to outsource this vital element.

• Confidentialservicetoensureyourcustomersdonotknowaboutourinvolvement• Proactivelycallingyourcustomerstoensureoutstandingmoniesarecollectedontime• Allpaymentsgodirecttoyourbusiness,wedonothandleanypayments• Dedicatedcreditcontrollertoyouraccount

• Ourcreditcontrollersarealltrainedtothehigheststandardsachievingresultswhilstunderstanding the need for sensitivity around collection of outstanding debts• 90dayrollingcontractallowingforflexibilityandshorttermplanning• Morecosteffectivethanemployingstaff• Wedon’ttakeholidaysmeaningthatyouhavefullUKworkingdaycoverage• Throughouronlineclientloginyoucanmeasureouractivity,sowearealwaysinthespotlight, howdoyoumanageyourstaff?• Freeupyourstafftoconcentrateonyourcorebusiness• Increasedcashflow• Reducedbaddebt• Improvedcustomerrelations

How do we do it?

The benefits of outsourcing vs in-house staffing

T: 08081688085 E: [email protected] W: inksmoor.co.uk

Invoice your customer for the goods or services provided.

Confidentialcreditcontrolfrom IFG.

Cash collected into your bank account.

Invoice collected.

Page 3: What is - Inksmoor Finance Group · If your business provides credit terms to your customers, Spot Factoring can help you receive funds on day one of invoicing. Once goods / services

What is outsourced credit control?

What is invoice finance?Invoicefinanceallowsbusinessestoraisecashagainsttheirunpaid invoices. If your business provides credit terms toyourcustomers,invoicefinancecanhelpyoureceivefundsondayoneofinvoicing.Oncegoods/serviceshavebeendeliveredorcompleted,InksmoorFinanceGroupcanadvanceupto90%oftheinvoicevalue.Thishelpsyourbusiness’scashflow,topaysuppliersandotheroutgoings.

Inksmoor Finance Group is very different to other invoice financecompanies.Ourcostsaretransparent,chargingyourbusinessonlyforwhatitborrows;

• Confidential&Disclosedfacilities• 30dayrollingcontract• Confidentialcreditcontrolincluded• Simple,easytounderstand,monthlycosting• Initialpaymentofupto90%• Nomonthlyorannualminimums

• Flexible–contracttermstomeetyourbusiness• Speed–Quick,easyaccesstoopeningafacility and cash funding• Personal–Accesstoyourdedicatedclientmanager• Online–Accesstoyourfacilitythroughour onlinesoftware

Wecanhelpwhenotherformsoffinancearenotavailableoryoudonotfulfilotherinvoicefinancecompanies criteria. From start-up business to establishedandstressedbusinesses,wecanhelp!

How we’re different Why work with us

Invoice your customer for the goods or services provided and

give Inksmoor a copy.

Inksmoor Finance Group send you upto90%oftheinvoicevalue.

Weprovidethecreditcontroland chase the client on your

behalf(confidentialanddisclosedfacilities).

Customer pays IFG account (confidentialanddisclosed

facilities).

Inksmoor Finance Group pay the difference minus our fee.

T: 08081688085 E: [email protected] W: inksmoor.co.uk

Page 4: What is - Inksmoor Finance Group · If your business provides credit terms to your customers, Spot Factoring can help you receive funds on day one of invoicing. Once goods / services

What is spot factoring?Spotfactoringallowsbusinessestoraisecashagainstasingleunpaidinvoiceordebtor.Unliketraditionalinvoicefinanceyoucanraisefundsagainstaspecificinvoiceordebtorwithouthavingtofinanceyourwholesalesledger.Thereisnoon-goingcontractbetweenIFGandourclientmeaning you can pick and choose as little or as many debtorsasyouwish.

Ifyourbusinessprovidescredittermstoyourcustomers,SpotFactoringcanhelpyoureceivefundsondayoneofinvoicing.Oncegoods/serviceshavebeendeliveredorcompleted,InksmoorFinanceGroupcanadvanceupto80%oftheinvoicevalue.Thishelpsyourbusinessescashflow,topaysuppliersandotheroutgoings.

T: 08081688085 E: [email protected] W: inksmoor.co.uk

Invoice your customer for the goods or services provided and

give Inksmoor a copy.

Inksmoor Finance Group send you upto90%oftheinvoicevalue.

Weprovidethecreditcontroland chase the client on your

behalf(confidentialanddisclosedfacilities).

Customer pays IFG account(confidentialanddisclosed

facilities)

Inksmoor Finance Group pay the difference minus our fee.

InksmoorFinanceGroupisverydifferenttootherSpotFactoringcompanies.Wegivetransparentcostings,chargingyourbusinessadailyrateofborrowing;

• Confidential&Disclosedfacilities• Noongoingcontract• Confidentialcreditcontrolincluded• Abilitytousethefacilityonanad-hocbasis• Raisefinanceonsingleormultipleinvoices/debtors• Initialpaymentofupto80%• Nomonthlyorannualminimums

• Flexible–contracttermstomeetyourbusiness• Speed–Quick,easyaccesstoopeningafacilityand cash funding• Personal–Accesstoyourdedicatedclientmanager• Online–Accesstoyourfacilitythroughour onlinesoftware

Wecanhelpwhenotherformsoffinancearenotavailableoryoudonotfulfilotherinvoicefinancecompanies criteria. From start-up business to establishedandstressedbusinesses,wecanhelp!

How we’re different Why work with us

Page 5: What is - Inksmoor Finance Group · If your business provides credit terms to your customers, Spot Factoring can help you receive funds on day one of invoicing. Once goods / services

What is spot factoring?

Criteriafor IntroducersInksmoorspecialiseinprovidinginvoicefinanceandsingledebtor/invoicefinanceforSME’s.Ourcriteriaareasfollows;

• Fundinglinesfrom£5,000to£250,000• Limitedcompanies• Newstart,restart/phoenixanddistressedbusinesses• Directorsmustbewillingtogiveapersonalguarantee• Nonhomeownersconsidered• BusinessmustbebasedinEngland,Wales&Scotland(disclosedfacilitiesonlyinScotland)• Upto100%debtorconcentration(subjecttoapproval)

Whatwedon’tfund; • Construction

Indicitive terms can be sent to clients as a guide to our costing.

Inordertoprogresstoaformalofferwerequire; • Completedapplicationform• Debtorsandcreditorsledger• 3monthsbankstatements• Samplepapertrail• HMRCpositionconfirmation• TermsandConditionsofsale

T: 08081688085 E: [email protected] W: inksmoor.co.uk

Page 6: What is - Inksmoor Finance Group · If your business provides credit terms to your customers, Spot Factoring can help you receive funds on day one of invoicing. Once goods / services

Worcester – Head OfficeOakHouse,EveroakEstate,

BromyardRoad,Worcester,WR25HP

Beverley – Regional OfficeEastRidingBusinessCentre,

AnnieReedRoad,Beverley,

EastRidingofYorkshire,HU170LF

Leeds – Regional OfficeWestOne,

114WellingtonStreet,Leeds,LS11BA

T: 08081688085 E: [email protected] W: inksmoor.co.uk