Invoice Discounting
Release funds tied up in unpaid invoices with our confidential Invoice Discounting service.
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.
What are the advantages of Invoice Discounting?
Invoice Discounting vs Invoice Factoring – what are the differences?
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Invoice Discounting |
Invoice Factoring |
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Invoice DiscountingRelease funds against the whole sales ledger |
Invoice Factoring
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Invoice DiscountingIncludes credit control services |
Invoice Factoring
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Invoice DiscountingConfidential service so customers are not aware |
Invoice Factoring
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Invoice DiscountingDebtor Protection |
Invoice Factoring
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Invoice DiscountingAsset Based Lending |
Invoice Factoring
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How does Invoice Discounting work?
How Invoice Discounting works?
Does my business qualify for Invoice Discounting ?
Invoice Discounting is available to new and existing Lloyds Bank customers who:
- Have a minimum turnover of £250,000 per annum
- Sell business-to-business and on credit terms
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If your business would benefit from an ongoing boost to its cash flow and it turns over more than £250,000, then Invoice Discounting is a flexible solution that allows you to continue managing your sales ledger and credit control processes.
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With Invoice Finance Online (IFO), our mobile-enabled platform puts you in control of your facility wherever you are so you can focus on growing your business. IFO allows you to receive same-day updates for your facility balances so you’ll always know how much you can request and gives you the control to manage your own users, passwords and authorisation limits.
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It won’t – although we review your personal credit files as part of our checks, it won’t affect your credit score or ability to get personal finance.
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No – Invoice Discounting is a confidential service, so your customers won’t know you are using it.
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.
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: No.1, Brookhill Way, Banbury OX16 3EL. Lloyds Bank plc. Registered in England and Wales no. 2065. Registered Office: 25 Gresham Street, London EC2V 7HN.
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. Bank of Scotland plc. Registered in Scotland No.SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration no. 169628.