Invoice Factoring

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

For businesses with a turnover of more than £50,000.

Get a quotefor factoring

Invoice Discounting

A confidential service in which you continue to manage your sales ledger and credit control processes.

For businesses with a turnover of more than £250,000. 

Get a quotefor Invoice Discounting

Protect your business against the impact of customers failing to pay

We’re able to protect invoices, even in these unprecedented times*. With Debtor Protection, we can help make your business more resilient.

More about Debtor Protection

Key features and benefits

  • Faster access to cash
    Release up to 90% of an invoice value, typically within 24 hours of receiving it.
  • Increased flexibility
    As your debtor book rises, the amount of cash you can realise will rise with it.
  • Power to negotiate
    With earlier access to funds, you can negotiate early payment discounts with suppliers.
  • International opportunities
    We offer Invoice Finance for both UK and overseas debt in a range of different currencies.
  • Ongoing support
    Support from a dedicated Client Manager and a UK-based specialist Invoice Finance team.
Get a quote

Eligibility

Invoice Factoring and Invoice Discounting are available to new and existing Lloyds Bank customers.

  • You must have a minimum turnover of £50,000 per annum for Invoice Factoring
  • You must have a minimum turnover of £250,000 per annum for Invoice Discounting
  • You must sell business-to-business and on credit terms.

Discuss your needs with an Invoice Finance specialist

Call 0800 169 4356

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

Have us call you

How does Invoice Finance work?

 

How Invoice Factoring works

How Invoice Discounting works

  • 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.

    More about Invoice Finance Manager 

  • 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. 

Other Invoice Finance solutions

If ongoing Invoice Finance isn’t right for your business, and you only have occasional cash flow challenges, we also offer selective funding.

Choose which invoices you’d like to fund and access a suite of useful risk insight tools to help protect you from the risk of late payment.

Other borrowing options

Whether you're an established business or just starting out, finding the right finance product to meet your needs can be difficult.

We want to make it simple for you to compare and choose our products, whatever your business circumstances.

*Subject to terms and conditions. 

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 may be provided by one or more of Lloyds Bank Commercial Finance, Lloyds Bank plc or Bank of Scotland plc. Asset Based Lending and Debtor Protection facilities are provided by Lloyds Bank Commercial Finance. Lloyds Bank Commercial Finance Ltd. Registered Office: No.1, Brookhill Way, Banbury OX16 3EL. Registered in England and Wales no.733011. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. 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 Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland No.SC327000. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration no. 169628.