Ongoing Invoice Finance
Invoice Factoring and Invoice Discounting solutions to support businesses with an ongoing need for funding.
Why use Invoice Finance?
Instant access to funds helps strengthen your cash flow, giving you increased flexibility and headroom between incurring expenses e.g. buying goods and manufacturing costs, and selling products. You can use funds to support growth, develop new products, target new markets or finance acquisitions.
How quickly can I get funded?
You will usually receive the advance within 24 hours.
Will my customers know I use Invoice Finance?
If you use Invoice Factoring, yes. Invoice Discounting is a confidential service, so your customers won’t know you are using it.
I don’t want to fund all of my sales ledger, what are my options?
Invoice Finance Manager is suitable for customers with occasional or seasonal cash flow challenges. Choose the invoices you want to fund, without committing your whole sales ledger. Additional benefits include access to a suite of risk insight tools.
To further support our values in being transparent with clients, please view our Operating Conditions Fees and Charges.
These fees and charges do not apply to clients who typically have an annual turnover of more than £25 million.
If you are an existing client and are unsure whether these other fees and charges are applicable to you, please check with your Client Manager.
*This offer is available to businesses who take out an Invoice Factoring or Invoice Discounting product between 1 October 2020 and 28 February 2021. Fee reductions will apply until 31 March 2021. Terms and conditions apply.
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 one or more of Lloyds Bank Commercial Finance Limited, Lloyds Bank plc and 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.