“Financial support and trust are the key ingredients to our longstanding relationship with Advantedge and we have no plan to change away from them as a Funder” states Radford Chancellor of the company which bears his name. This Brighton based Food Services Consultancy provide design and management services to a diverse set of clients across many sectors including education, health service, leisure and prisons. They value their decade long relationship which has been based on an honest, sensible, flexible and transparent approach.
In common with many businesses, late paying customers caused disruption to their cashflow and the firm needed to find a funding solution which would smooth out the peaks and troughs. Radford was familiar with Advantedge having used invoice finance before, but with other funders, and was keen to put a facility in place to reduce the impact of inconsistent cashflow.
The increase in available working capital saw Radford Chancellor diversify and invest in a start-up digital business producing online presences for catering companies. The combined business benefits from a £175k facility providing them with a funding facility to support the business and their plans.
“Advantedge give us the confidence to drive on with our plans. It’s the certainty of their support and the open and honest relationship which makes it work. We know we have their 100% support.”