Company Market Research Report: Accelerated Payments

Company Overview

• Name: Accelerated Payments

• Mission: To provide businesses with immediate cash flow solutions through innovative receivables financing, enabling faster payment of invoices and alleviating cash flow concerns.

• Founding: No information is available.

• Key People:

• Ian Duffy - Founder and CEO

• David Ingram - CRO

• Kieran O’Sullivan - CIO

• Dermot Nutley - COO

• Niall Corish - CFO

• Lee Baty - Head of UK

• Neil McMillian - Head of North America

• Denis Mahmic - Head of Data and Analytics

• Headquarters: Dogpatch Labs, Unit 1, The CHQ Building, North Wall Quay, Dublin 1, D01 Y6H7, Ireland

• Number of Employees: No information is available.

• Revenue: No information is available.

• Core Competency: Accelerated Payments is known for its invoice financing solutions that provide fast and flexible funding, helping businesses to improve their cash flow and manage working capital efficiently.

Products

Invoice Financing

• Product Description: Provides businesses with an injection of cash against outstanding invoices, reducing payment wait times and helping cover operational costs and growth initiatives.

• Key Features:

• Freedom to select which invoices to accelerate

• No complicated fees or long-term contracts

• Works for domestic and international trade

• No personal guarantees or additional security required

Selective Receivables Finance

• Product Description: Allows businesses to choose which receivables to finance and when, thus aiding in cash flow management.

• Key Features:

• Non-recourse with streamlined process

• Tailored to cash flow needs without affecting current procedures

• Credit insured payments to safeguard against defaults

Export Finance

• Product Description: Designed to suit companies trading internationally, this product eases cash flow challenges posed by extended payment terms from foreign multinationals.

• Key Features:

• Instant cash against receivables

• Reduces buyer days to zero

• No security over goods required

• Insured against buyer insolvency

Recent Developments

• New Partnerships:

• Partnership with Inflverse to revolutionize payments in the Creator Economy.

• Collaboration with Funding Friends to enhance accessibility to alternative finance.

• Appointments:

• Michael Harrison appointed as Sales Director for the UK.

• Milestones:

• Reached €1.5 Billion in funding facilitated.

• Product Launches:

• Introduction of a new Trade Finance product called APTF aimed at supporting businesses grow through cross-border trade.

Conclusion

Accelerated Payments offers a range of innovative financial solutions that cater to the unique cash flow needs of businesses. The company's customer-centric model and strategic partnerships continue to enhance its market position, offering both domestic and international growth opportunities. Given the unmet demands of businesses striving for better working capital management, Accelerated Payments stands out with products that prioritize flexibility, security, and efficiency.