Debtor Protection

Customers failing to pay the money owed to you is a risk that every business faces, and the consequences of this can be detrimental. That’s why we offer Debtor Protection; a low-cost, easy to manage facility that will protect up to 90% of the value of your invoices, giving you peace of mind.

Talk to one of our Debtor Protection specialists

Call 0800 169 4356

We’re available from 9am to 5pm, Monday to Friday, except public holidays.

Request a call backfrom our Debtor Protection specialists.

Key features and benefits

  • You can be protected for up to 90% of the value of an invoice, should your customer fail to pay or go into administration.
  • You will have access to an intuitive, online system where you can manage your facility with ease.
  • Both UK and overseas debts can be protected.
  • A specialist, UK-based telephony team is on hand to provide support and training alongside a dedicated Client Manager.
  • Knowing you’re protected can give you the confidence to develop and grow your business in line with your plans.
  • We can help you spot a potential credit risk before it becomes a bad debt.

Is my business eligible?

  • You must sell business-to-business and on credit terms
  • You must have a Lloyds Bank Invoice Finance facility.

What we’d need to know

  • Previous two years’ turnover and turnover year to date
  • Any bad debt experienced in the last 3 years
  • Any outstanding aged debtors.
  • If within 30 days of the activation of your Debtor Protection facility, we are unable to offer protection on 55% of the aggregated value of the customers you apply to protect, you can cancel with a full refund.

  • Every Debtor Protection facility is priced on a case-by-case basis and will vary depending on business size, sector and customer base.

  • Read the definition of terms used in Lloyds Bank Commercial Finance’s operating conditions, and details of the agreement provisions for our services.

    Please note: these operating conditions do not apply to you if you manage your Invoice Discounting or Factoring facility through the Invoice Finance Online system. The operating conditions applicable to users of Invoice Finance Online are available once you have logged on to Invoice Finance Online, and will have also been provided to you separately.

Other finance options

Find out about other Invoice Finance solutions that could benefit your business.

Talk to one of our specialists

If you would like to contact us, call:

0800 169 4356

Would you prefer a call back?

One of our specialists will contact you at a more convenient time to discuss your needs.

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

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

Factoring and Invoice Discounting facilities may be provided by either Lloyds Bank Commercial Finance, Lloyds Bank plc or Bank of Scotland plc.

Lloyds Bank Commercial Finance Limited, Registered in England & Wales no. 733011. Registered Office: No1 Brookhill Way, Banbury, Oxfordshire, OX16 3EL.

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.