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£1.8m funding gives green light to growth of premium Facilities Group

21 Feb 2023
£1.8m funding gives green light to growth of premium Facilities Group

We are delighted to have successfully closed a £1.8m Invoice Finance Facility with Advance Facilities Group, a nationally operating premium facilities service and maintenance provider.

The funding line has enabled the ‘go-ahead’ for extensive growth plans, set to take place over the coming years.

Run by industry-experienced professionals, utilising over 150 years of combined experience within the facilities sector, they offer a vast array of specialist services covering the commercial, domestic, and industrial sectors.

Glenn Thompson, Managing Director of Advance Group Facilities commented on his delight with the One Stop Business Finance Group:

“Advance Facilities Group have an aggressive growth strategy throughout the four businesses over the next three years to grow from £5.4 million to £20 million. This will be through organic growth and by attaining several acquisitions.

Advance was looking for a lender who could see their vision and be a key part of their growth over the next three years. One Stop Business Finance added that personal touch of working that we have experienced in the past with a previous provider.

It was clear when discussions started that Lynn-Marie listened to what Advance was looking for not only in the short-term, but also in our long-term growth. One Stop Business Finance are the perfect fit for Advance to work with and support our expansion.

We are pleased that we signed with OSBF and look forward to building a good working relationship with Lynn-Marie and the team.”

Lynn-Marie Jameson, Managing Director of One Stop Invoice Finance added: “I am delighted to be able to support Glenn and the Advance Group of companies after what was undoubtedly a challenging period throughout covid. We are confident we have the right solutions in place to assist the growth plans of the Group.”

Established in 2014, we operate as a Specialist Lender. We have gained extensive experience in financing property projects throughout England and Wales, providing secured loans from our own private funding, retained profits and bank funding lines.

In November, we further expanded our offering with the launch of One Stop Invoice Finance and unique facility, OSBF Plus, further adding to our long and short-term lending capabilities.

Their new facility enables the benefit of both an Invoice Finance and Revolving Credit Facility in one, allowing more cash than a traditional Invoice Finance agreement.

We differ from mainstream banks by working to find tailored solutions for an SME’s particular circumstances.

Our nationally-operating group of Business Development Managers take prospective clients through a process to identify the most suitable, cost-effective options; ensuring that responsible lending is always at the heart of all we do.

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