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IGF offers clients breathing space from snow chaos
IGF, the leading independent commercial finance company specialising in the small and medium sized business market, has today announced a new product to provide its clients with some breathing space from disruption caused by the recent snow.
IGF accepts debit and credit card payments, so rather than cheques getting lost or delayed in the post due to the snow and ice, debtors can pay straight away over the phone. This will not only speed things up during the unexpected weather conditions, but will ensure that businesses can maintain a steady and efficient cashflow in the long-term as well.
IGF also has a web-based system, Client Manager, which enables customers to upload their invoices into a secure web portal. The system allows customers to see their invoice availability, load any new debtors, see whether cash has come in, check statements and view all reports. The client is then able to send over the backup paperwork in the post at a later date, thereby ensuring that the invoice process is not being hindered by the wintery conditions.
IGF's Managing Director Tracy Ewen said:
"According to research from the FSB, 80% of small businesses use general postal systems for sending and receiving invoices or for carrying out business transactions, so we are certainly aware of how seriously this could affect businesses and cashflow."
Ewen continues:
"Our job at IGF is to make sure we're doing everything we can to ensure that our clients' cashflow doesn't suffer due to the snow. We have put precautions in place to allow for severe delays and will be able to offer our customers an online system to ensure payments can be made immediately. While we still expect customers to send over the backup paperwork work in the post after using our online Client Manager system, we will allow customers more time to do this. We will also be accepting both credit and debit cards from debtors, rather than asking people to send their cheques in the post, which should reduce the strain a little bit."


