Turnover £50k+

Factoring

Release the cash tied up in your invoices without having to wait up to 90 days for your debtors to pay.

  • Receive up to 90% of the value of your invoices, often within 24 hours. The balance, less our charges, is received when the invoice is settled.
  • Built-in sales ledger management, while we chase unpaid invoices for you.

Find out more (Factoring)

Turnover £250k+

Invoice Discounting

Release the cash tied up in your unpaid invoices without having to wait up to 90 days for payment, while maintaining control of all your credit control and sales ledger management.

  • Receive up to 90% of the value of your invoices, often within 24 hours, with the balance received when the invoice is settled, less our charges.
  • Our involvement remains confidential. Your customers need never know you use our service.

Find out more (Invoice Discounting)

Turnover £200k+

Debtor Protection

As part of a Factoring or Invoice Discounting agreement, you can also protect your company and cash flow from bad debt should a customer fail to pay.

  • We’ll protect up to 90% of your customer’s non-VAT obligation.
  • Our online system gives you visibility and control of any debts.

Find out more (Debtor Protection)

Turnover £10M+

Asset Based Lending (ABL)

ABL works alongside Invoice Discounting to release working capital tied up in physical assets such as stock, plant and machinery and property.

  • A cost effective solution, ABL can raise significant funds without sacrificing equity in the business, as the facility is backed by existing assets.
  • Released funds can support a number of different plans, including refinancing projects, restructuring plans, management buyout opportunities and merger & acquisition ambitions.

Find out more (Asset Based Lending (ABL))

Turnover £50k+

Payroll Finance

A finance solution for recruitment agencies, allowing you to pay staff wages promptly while you wait for customers to settle invoices.

  • Receive 100% of the weekly staff pay and 100% of your weekly profit margin, minus our fees.
  • A HMRC-compliant, fully outsourced payroll management solution that frees up your time to concentrate on building your business.

Find out more (Payroll Finance)

Turnover £50k+

Asset Finance

Asset Finance can help you fund the purchase of new and used equipment in an efficient, affordable and timely way.

  • Protect your working capital by avoiding the need to make lump sum payments for new equipment.
  • Options include Hire Purchase and Finance Lease, each providing swift access to new equipment funded over an agreed period with the certainty of cost.

Find out more (Asset Finance)

Answering your questions

Why don't I just use traditional funding products, such as overdrafts and loans?

A diverse funding mix is a vital component of success in today’s business and finance climate. Products such as Invoice Finance and Asset Based Lending can form part of this funding plan, while allowing you to maintain strong cash flow management.

Asset Based Lending also allows you to secure funds against assets that are not normally allowed as collateral on traditional finance products, such as loans.


What experience does Lloyds Bank have with these products?

Lloyds Bank Commercial Finance is a leading provider of Invoice Finance, Asset Finance and Asset Based Lending, supporting thousands of companies like yours across the UK.

We use our expertise to help your business flourish and succeed.

FAQs

Invoice Finance questions

Helpful information about how Invoice Finance works, who can apply and how we can support your business.

Read more (Invoice Finance questions)

Video case study

See how Hire Purchase has helped Fruitapeel open up new markets.

© Copyright Lloyds Bank Commercial Finance 2017

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

Lloyds Bank Commercial Finance Ltd. Registered office: No.1, Brookhill Way, Banbury OX16 3EL. Registered in England and Wales no.733011.

Lloyds Bank Commercial Finance Scotland Limited, Registered in Scotland no. 93252. Registered office: 110 St Vincent Street, Glasgow, G2 5ER.

Lloyds Bank Commercial Finance Limited is authorised and regulated by the Financial Conduct Authority under registration number 724228 for activities relating to certain types of consumer credit which are regulated under the Consumer Credit Act 1974 and by the Financial Services and Markets Act 2000. We are not deposit takers and are not regulated by the Prudential Regulation Authority.

When using Asset Finance your agreement will be with a Lloyds Banking Group company whose terms and conditions will apply. The provision of credit or leasing services by us is subject to your meeting our Credit approval. Please ensure that you only apply for credit or leasing services that you can comfortably afford.