Based in Southern England, this established supplier of high-quality dairy produce had continued to operate throughout the challenging times brought on by the pandemic. With valuable cooperation from their customers, the business had managed to obtain shortened payment terms of 7 days to ensure that they were protecting and securing their own supply chain. However, as life returns to a more considered sense of normality, payment terms have now extended back to 30 days.

With a growing business and turnover expected to exceed £1.4m, it was crucial that cashflow was not impacted and a mechanism put in place to ensure prompt payment to their suppliers, British farmers.

Following initial contact with Advantedge Commercial Finance a flexible £250k invoice discounting facility was provided within a matter of a few days, thereby securing a consistency of cashflow for this growing business.