Run your business

Issue invoices, manage expenses and easily track your financial performance

Make tax easy

Prepare and submit your VAT return directly to HMRC

Save time

Automate business tasks, while you focus on your business

Try it free for 3 months

Sign up now and try Business Finance Assistant free for 3 months. There’s no obligation, but if you like it, it’s only £5 per month thereafter.

Sign up now
  • What if there was an easier way to send invoices, track sales, stay on top of your cash flow, submit tax returns and see all your profits, so you can get on with growing your business?

    Welcome to Business Finance Assistant: an online tool that lets you see your banking and accounting, all in one place.

    It gives you total visibility of your business finances, from incomings to outgoings. And you can even see if you’ve made any profit during the month. Which means you know precisely how your business is performing, what works well and what may need some attention.

    A really helpful feature is the Recent Activity Summary. It provides an overview of all your recent transactions which are automatically categorised.

    With Business Finance Assistant, you’ll no longer need to record expenses by hand on spreadsheets. Simply upload a PDF or photo which will be automatically recognised and saved.

    It’s so easy to create invoices and quotes too. Invoices are fully customisable with helpful automated notifications when client invoices are overdue. Once paid, the invoice and its payment are instantly reconciled, so you can get on with running your business.

    The Cash flow forecast makes it easy to understand your financial position so you can make better decisions.

    What’s more, the forecast is fully adjustable so you can make it more and more accurate, so you always know where you’re headed.

    Even better, when it’s time to file your VAT return, most of the hard work is already done for you. Business Finance Assistant calculates VAT owed and connects straight to HMRC so you can save time by submitting your return digitally.

    Last but not least, you can even share access with others, including your accountant. And what’s great is you control the access permissions.

    Ready to get started?

    It couldn’t be easier.

    If you’re already registered, just add your Lloyds Bank account using our secure Open Banking, then add your accounts from other providers.

    If you’re not, it takes less than 5 minutes to register and there are videos and webinars to help you get started. 

Key features and benefits

  • View all of your bank accounts in one place, including accounts with other providers.
  • Works seamlessly with Online for Business – get accounting updates alongside your business accounts.
  • Cash flow forecasting, highlighting predicted shortfalls in advance.
  • Customise and issue professional-looking quotes and invoices.
  • Photo-capture and store your receipts and expenses.
  • Auto-categorise your transactions across your business accounts.
  • Digital VAT submissions. Ready for Making Tax Digital.
  • Allow access to an unlimited number of users, including your accountant.
  • Once connected, you could access Invoice Finance Manager – a digital platform designed to help you manage your cash flow and inject money into your business.

Track sales and invoices

Forecast cash flow

  • Business Finance Assistant is available for all Lloyds Bank UK Business customers. You will need to be registered for Online for Business or Commercial Banking Online to continue using this product beyond the trial period.

    Public limited companies are not currently eligible.

  • Important information

    Try our service for the first 3 months for free via our introductory offer. After this, we will introduce a service charge of £5 per month.

    The tool is currently aimed at businesses who trade within the UK; VAT functionality (e.g. reverse charge) for businesses who buy or sell internationally is not currently available in the tool but is being developed; therefore, businesses that buy or sell internationally should not use the tool.

    To apply we need:
    Your sort code and account number.

    Please find our terms and conditions here.

Making tax digital

The Government now requires digital submissions for tax information. Understand how Making tax digital impacts you.

Existing customers

If you are already registered for Business Finance Assistant you can log on here. We also have how to videos, webinars and FAQs available to help you get started and make the most of your account.

Important Legal Information

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.

The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

We adhere to The Standards of Lending Practice which are monitored and enforced by the LSB:

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.