Industry expertise

Whichever sector you work in, maintaining a good level of working capital is essential to meet your everyday operating costs and to invest in your business over the longer term.

Features and benefits

  • Our Invoice Finance facilities include Factoring, Invoice Discounting and Asset Based Lending, and can be used to release the value of existing assets. They’re ideally suited to businesses seeking to improve cashflow or invest in their own development without taking out new business loans or extending overdrafts. Also consider Asset Finance for hire purchasing and leasing.
  • We tailor our finance packages to match your firm’s exact needs and ensure that you have a greater degree of control over your company’s financial wellbeing than is possible with other types of lending.
  • Whichever industry you operate in, our facilities are regularly reviewed and can be quickly scaled up to meet your exact requirements. This allows you to develop expansion plans and enter new agreements safe in the knowledge that they’ll boost funds immediately and provide the breathing space you need to confidently drive your business forward.
  • Bridge the gap between delivering products and receiving payments, ensuring your business is in a good financial position to keep up with any seasonal fluctuations in demand.
  • We adopt a relationship-led approach to lending, using our long-standing experience with clients in various sectors to tailor solutions to each business according to individual assets, trading history, current needs and growth strategy.
Agricultural sector

Recommended products:

Agricultural businesses, whether they’re small organic farms or major cooperatives, face similar challenges when it comes to ensuring they have adequate funding in place to grow. In a sector that’s significantly affected by seasonality, raw material prices and fluctuating exchange rates, strong cashflow is essential to deal with unpredictability. Many agricultural firms have significant physical assets (such as machinery and property) and often have long-term supply agreements which can be leveraged against.

Our flexible facilities allow you to:

  • boost cashflow to ensure your business can effectively working capital issues caused by seasonal peaks in demand and exchange rate fluctuations
  • generate the capital needed to invest in boosting capacity, diversifying product ranges or undertaking marketing campaigns
  • buy new machinery on a hire purchase basis, enabling you to use the revenue the item generates over its lifespan to fund its purchase
  • stop paying cash outright for major investments as it can significantly reduce working capital and slow down your plans to grow.
Construction sector

Recommended products:

Strong working capital is also essential if a business or tradesman is to tender for larger contracts or gain a competitive advantage by investing in diversifying skills or targeting niche areas of work. When starting a new project, the initial outlay of the materials, equipment and labour needed to complete a job can put significant pressure on cashflow. Using invoice finance packages can leverage the value of your invoices, machinery or stock to boost cashflow and support growth.

Our flexible facilities allow you to:

  • manage seasonal fluctuations in demand and capitalise on new opportunities
  • buy new machinery on a hire purchase basis, enabling you to use the revenue the item generates over its lifespan to fund its purchase
  • release the working capital needed for materials, equipment and labour on new contracts without placing pressure on cashflow
  • recruit employees with specialist skills or purchase new equipment to improve efficiency and diversify your range of services.
Haulage, courier and logistics sectors

Recommended products:

Fluctuating inflationary pressure and the uncertainty surrounding fuel prices and wage costs are placing an increasingly unpredictable strain on your balance sheet; and that can make it difficult to manage your expansion strategy. Access to investment capital could give you the competitive edge you’re looking for.

Our flexible facilities allow you to:

  • increase cashflow and access capital so that you can invest in your business and manage unpredictable fuel prices and wage costs
  • invest in essential business assets such as vehicles or larger premises to broaden your services
  • access other packages such as Asset Finance that can help your cashflow through regular payments rather than an outright purchase.
Healthcare sector

Recommended products:

The healthcare industry is evolving; growth is being driven by the NHS outsourcing more services, and because our population is ageing. This evolution within the industry is leading to an increased demand for the products and services offered by ambitious healthcare companies hungry for growth. Businesses often find themselves needing to leverage the value tied up in balance sheets.

Our flexible facilities allow you to:

  • quickly access working capital needed for materials or stock to fulfil new and existing contracts
  • stabilise cashflow that may be adversely affected by variable staffing requirements and peaks and troughs in demand
  • source funds needed to finance an expansion strategy such as practice refurbishment, an extension to your facilities or the addition of a new partner
  • buy new medical equipment on a hire purchase basis, enabling you to use the revenue the item generates over its lifespan to fund its purchase.
Manufacturing sector

Recommended products:

Cashflow and resources are often strained by fluctuating raw material costs, increasingly complex regulations, and competition from all parts of the world, combined with the upkeep of plants, machinery and other overheads. Our invoice finance solutions are designed to boost cashflow, provide financial headroom, supply investment capital and fund acquisitions in an industry where flexibility and innovation are key to success.

Our flexible facilities allow you to:

  • stabilise cashflow to finance expensive overheads such as plant, machinery and materials
  • release working capital so that you can service new and existing contracts and manage peaks in demand
  • access finance so you can bridge the gap between issuing invoices and receiving payment
  • free up capital to invest in important business areas such as research and development together with infrastructure and systems
  • buy new machinery on a hire purchase basis, enabling you to use the revenue the item generates over its lifespan to fund its purchase.
Print and publishing sectors

Recommended products:

Whether you’re a small reprographic shop or a major publishing house, companies in this sector need to have access to investment capital in order to grow.

Our flexible facilities allow you to:

  • access capital to invest in the latest technology, equipment and service innovations that are vital to your business’ growth
  • find the significant cash injections needed to finance large, new contracts with short turnaround times
  • drive growth without taking on new debt by releasing the value tied up in your existing assets, including outstanding invoices, machinery, stock and property
  • buy new machinery on a hire purchase basis, enabling you to use the revenue the item generates over its lifespan to fund its purchase.
Recruitment sector

Recommended products:

Businesses within this sector need to act swiftly when opportunities arise and, without good cashflow, this can be difficult. If you win a new contract it can be four weeks or more before your invoice is paid – in the meantime you may need to pay staff weekly.

Our flexible facilities allow you to:

  • ensure you have the means to pay your staff while you wait for the invoice to come through for the contract they’re working on
  • access working capital to fund large overheads such as larger premises, updating your IT systems or hiring sector-specialist staff
  • meet 100% of your weekly wage commitments, paying your temporary and contract staff on time, every time. Payroll Finance allows you to outsource your back office in compliance with tax and data protection legislation, while receiving your agency profit margin every week and a single fee expressed as a percentage of your sales. Services include:

    • Inland Revenue payments
    • VAT accounting
    • credit control
    • pay slip production.
Wholesale and retail sectors

Recommended products:

Maintaining a good level of working capital is essential for wholesalers and retailers to maintain adequate stock levels and ensure they have the funds needed to meet daily operational costs.

Our flexible facilities allow you to:

  • keep cash flowing while international transactions are completed, rather than wait up to four months for payment
  • build up stock levels ahead of seasonal increases in demand
  • boost working capital levels so that you can enter new territories and manage the life cycles of international transactions without putting pressure on your cashflow
  • release the funds needed to invest in new machinery and technology in order to improve efficiency and tighten inventory control
  • buy new machinery on a hire purchase basis, enabling you to use the revenue the item generates over its lifespan to fund its purchase.

© 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.