Invoice Discounting

What is Invoice Discounting?

Invoice Discounting allows you to finance your sales ledger on an ongoing basis and release funds against unpaid invoices. It can help you to manage cash flow, so you can plan ahead with confidence and invest in staff, materials and equipment, while you’re waiting for customers to pay.​

It’s a confidential service, so your customers won’t know that you are using it - and you’ll continue to manage your own credit control processes​.

 

Don’t let cashflow pressures hold your business back

Join our webinar and hear from Charles Baughan, owner of Westaway Sausages along with Lloyds Invoice Finance experts, as they share their insights on how to improve cash flow and discuss the importance of a flexible financing facility for growing a business.

Date: Thursday 17 October 2024 15:00 – 15:30pm

Register now

Is your business eligible?

You can apply, if you are:

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

How much does Invoice Discounting cost?

Get a quote today to get an indication of our fees and charges. Each invoice discounting agreement is priced and tailored individually to your business. 

How can an Invoice Finance facility help my business?

Improved cash flow

Invoice Discounting gives you fast access to ongoing funding to improve cash flow, or releases money to invest in new opportunities. As your debtor book rises so does the amount of cash you can release.

Manage your own sales ledger

With this confidential service you can maintain responsibility for your sales ledger as well as collecting payments from your customers.

Negotiate with suppliers

With earlier access to cash, you can negotiate early payment discounts with suppliers.

What are the differences between Invoice Discounting and Invoice Factoring?

Invoice Discounting vs Invoice Factoring – what are the differences?

  

Invoice Discounting

  

Funds whole sales ledger

Invoice Discounting

Yes 

Invoice Factoring

Yes

  

Credit control services

Invoice Discounting

Not available

Invoice Factoring

Yes

  

Confidential service so customers are not aware

Invoice Discounting

Yes

Invoice Factoring

Not available

  

Invoice Discounting

Yes

Invoice Factoring

Yes

  

Invoice Discounting

Yes

Invoice Factoring

Not available

What do our customers say about Invoice Discounting?

Juice Global

“In the early days, Invoice Finance was the life force of the business. As we’ve grown as an organisation, the Invoice Finance facility has grown with us, and we’ve been able to use it for different things – like investing for more growth or weathering storms.”

Joe Bennet, Juice Founder and CEO

Juice Global

Case Studies

Hear from more businesses we’ve worked side by side with to overcome challenges and succeed.

Browse more customer stories

How does Invoice Discounting work?

Steps to take

    1. Day 1: You supply services or goods to your customer and send invoice details to us. The invoice is sent to your customer, with payment terms and details clearly marked.​
    2. Day 2: We pay you up to 90% of the invoice value, typically within 24 hours.​
    3. Day 2-30: You can use your funds to support your business ambitions.​​
    4. Day 30+: Full payment received from customer. We forward on the balance of the invoice value to you, minus a small fee.

     

Get a quote now for Invoice Discounting

Get a quote now for Invoice Discounting

To get started, click get a quote.

Get a Quote

Frequently asked questions

 

Asset Based Lending

Increase your working capital by turning business assets into cash.​

Available alongside a Lloyds Bank Invoice Discounting facility, and if your business turnover is more than £10 million.​

Asset Based Lending
 

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.

Debtor Protection