Whether you’re a start-up, planning to expand or need to deal with day-to-day cashflow, we’re here to help. Our Invoice, Asset and Payroll Finance solutions are designed to: improve your cashflow, allow you to invest in capital assets without draining your working capital and outsource your payroll services.

The products are useful if you need to:

  • obtain capital without extending overdrafts or taking out new business loans
  • make strategic investments
  • boost liquidity
  • quickly inject funds into your business by drawing on the value of existing assets such as the sales ledger, machinery, property or stock
  • raise capital for expansion – domestically and internationally
  • maximise growth opportunities in your market
  • meet day-to-day operational costs.

Our quick reference guide below may help you find a suitable solution, but if you want more information on our available services our Direct Support team will be happy to help on 0333 122 30371. Eligibility criteria may apply.

Improve working capital management
  • I want to free up cash tied up in tangible assets.
  • I don’t have personal security available.
  • I want to reduce the business reliance on my personal assets.
  • I want to buy a business.
  • I’m experiencing cashflow problems or regularly hitting my overdraft.
Projected annual turnover
 

£50k-£250k

£250k-£1m

£1m-£25m

£25m+

Factoring

Yes

Yes

Yes

Yes

Invoice Discounting

No

Yes

Yes

Yes

Asset Based Lending2

No

No

Yes

Yes

Payroll Finance

Yes

Yes

Yes

Yes

Fast access to growth capital
  • I can’t fund new orders.
  • I need cash to support the growth of my start-up.
  • I keep missing market opportunities because I don’t have cash available.
  • I need a flexible facility that grows in line with my business.
Projected annual turnover
 

£50k-£250k

£250k-£1m

£1m-£25m

£25m+

Factoring

Yes

Yes

Yes

Yes

Invoice Discounting

No

Yes

Yes

Yes

Asset Based Lending2

No

No

Yes

Yes

Payroll Finance

Yes

Yes

Yes

Yes

Streamline administrative activities
  • My business is growing and I need time to focus on business development.
  • I want to free up time currently spent managing cashflow.
  • I may need help managing my sales ledger and credit risk.
Projected annual turnover
 

£50k-£250k

£250k-£1m

£1m-£25m

£25m+

Factoring

Yes

Yes

Yes

Yes

Invoice Discounting

No

Yes

Yes

Yes

Debtor Protection3

Yes

Yes

Yes

Yes

Payroll Finance

Yes

Yes

Yes

Yes

Minimise the impact of late payments
  • My business is held back because customers are not paying quickly enough to generate cashflow required to pay my suppliers and staff.
Projected annual turnover
 

£50k-£250k

£250k-£1m

£1m-£25m

£25m+

Factoring

Yes

Yes

Yes

Yes

Invoice Discounting

No

Yes

Yes

Yes

Debtor Protection3

Yes

Yes

Yes

Yes

Payroll Finance

Yes

Yes

Yes

Yes

Offering your customers flexible payment terms
  • I can only deal with key customers by offering extended payment terms, which is having an adverse effect on cashflow.
Projected annual turnover
 

£50k-£250k

£250k-£1m

£1m-£25m

£25m+

Factoring

Yes

Yes

Yes

Yes

Invoice Discounting

No

Yes

Yes

Yes

Debtor Protection3

Yes

Yes

Yes

Yes

Payroll Finance

Yes

Yes

Yes

Yes

Working capital to act on international opportunities
  • I’m starting a new business that will trade internationally.
  • I’m looking to enter new markets.
  • I’m starting to import.
  • I have the potential for export and need working capital.
Projected annual turnover
 

£50k-£250k

£250k-£1m

£1m-£25m

£25m+

Factoring

Yes

Yes

Yes

Yes

Invoice Discounting

No

Yes

Yes

Yes

Asset Based Lending2

No

No

Yes

Yes

Debtor Protection3

Yes

Yes

Yes

Yes

Back office support for my recruitment business
  • My recruitment business needs back office support.
  • I am a start-up and need help with my back office sales ledger and credit control processes.
Projected annual turnover
 

£50k-£250k

£250k-£1m

£1m-£25m

£25m+

Payroll Finance

Yes

Yes

Yes

Yes

Pay for new machinery and equipment
  • I need funding for new vehicles, machinery or equipment without draining my working capital.
  • I don’t want to pay upfront for the full ownership of a new asset.
  • I want immediate use of an asset without a large upfront cost.
Projected annual turnover
 

£100k-£1m

£1m-£25m

£25m-£100m

£100m+

Asset Finance

Yes

Yes

Yes

No

Corporate Asset Finance

No

No

No

Yes

1 Available Monday-Friday 9am-5pm, excluding Bank holidays.
2 Asset Based Lending is only available alongside invoice financing to businesses with a turnover of £10m or more a year.
3 Debtor Protection is only available alongside invoice financing to businesses with a turnover of £200,000 or more a year.

© 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.