Invoice Finance

What is Invoice Financing?

Invoice Finance provides early access to the money owed to you in unpaid invoices. While you’re waiting for invoices to be paid by your customers, we can advance up to 90% of the invoice cash value to you. This is usually within 24 hours of applying.​

Our Invoice Finance solutions include Invoice Factoring and Invoice Discounting. They are both designed to help you access money quickly so you can strengthen your cash flow and support your growth ambitions.

Types of Invoice Finance solutions

Invoice Factoring

We can help you manage your sales ledger and support your credit control processes.

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  • Fund your whole sales ledger

  • Get support with your sales ledger management

  • Customers make payments directly to us

Invoice Factoring

Invoice Discounting

Manage your own sales ledger and credit control with a confidential service.

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  • Fund your whole sales ledger

  • Continue to manage your own credit control

  • Confidential service

Invoice Discounting

Is your business eligible?

You can apply for Invoice Factoring or Discounting, if you are:

  • Selling business to business and on credit terms.
  • A business with a minimum turnover of £50,000 per annum for Factoring.
  • A business with a minimum turnover of £250,000 per annum for Discounting.

How much does Invoice Finance cost?

Each invoice finance agreement is priced and tailored individually to your business.

Get a quote today to get an indication of our fees and charges.

How can an Invoice Finance facility help my business?

Boost cash flow

Advance up to 90% of the value of your invoices, usually paid within 24 hours. Available to UK and overseas debt in a range of currencies.

Credit control support

With the help of our dedicated team, save time on issuing statements, sending reminders and performing credit control with Invoice Factoring.

Grows with your business

The amount of cash you can release grows as your debtor book rises. You can plan ahead with confidence in your cash flow.

How does Invoice Finance work?

Steps to take

    1. You deliver goods or services to your customer, and they are sent an invoice.​
    2. We pay you up to 90% of the value of the invoice, typically within 24 hours.​
    3. You can use funding to support your day-to-day cash flow, or to support your growth ambitions.​
    4. When your customer pays the full value of the invoice, you receive the remaining balance, minus our fee

The benefits of using Invoice Finance at Lloyds Bank

Expert Support

You have the support of a dedicated Client Manager, as well as a specialist UK-based support team who can tailor a solution to match your trading patterns and business goals.

A trusted brand

Lloyds Bank has over 50 years’ experience in providing Invoice Finance. You can be confident you are with one of the leading providers of Invoice Finance in the UK.

Upfront fees and charges

Through our quote tool you can get an indication of fees in minutes by simply telling us a bit about your business.

Get a quote now for Invoice Factoring or Discounting

Get a quote now for Invoice Factoring or Discounting

To get started, click get a quote.

Get a Quote

Frequently asked questions

 

Debtor protection

Give yourself peace of mind by protecting up to 90% of an invoice, should your customer fail to pay.

Available alongside a Lloyds Bank Invoice Factoring or Invoice Discounting facility, and if your business turnover is more than £200,000.

More about debtor protection

Log on to access your existing facility or speak to a specialist

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Speak to a specialist

Call us 0800 169 4356. Lines are open from 9am to 5pm, Monday to Friday, except public holidays. Alternatively request a call back.

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