Ways to grow

Growth is an important goal for many businesses, and there are various different ways to achieve it. We look at how to expand by investing in your current model, increasing sales, exploring new markets and where we could help.

Investing in operations

Growing your business through the purchase of equipment, vehicles and business premises.

Operations

Increasing sales to customers

New customers are important, but how can you boost sales with the ones you already have?

Increasing sales

Exporting

Find new markets, identify fresh opportunities and grow revenue through selling abroad.

Exporting to new markets

Investing in operations

Growing your business through the purchase of equipment, vehicles and business premises.

Operations

Increasing sales to customers

New customers are important, but how can you boost sales with the ones you already have?

Increasing sales

Exporting

Find new markets, identify fresh opportunities and grow revenue through selling abroad.

Exporting to new markets

Investing in your operations

Building the foundations

For many businesses, growth means investment in the right areas to ensure you’re well equipped for expansion. You could invest in new premises to accommodate more staff, in key equipment to improve your output or purchase vehicles to help with your day-to-day operations.

 

Planning for growth

When growing your business, the first stage is planning where you want to go. This means assessing your current setup and building a vision for the future. This guide looks at strategy, new business models, scaling up and preparing stakeholders for expansion.

Prepare for expansion

Client story: a new business site to meet growing demand

How South London business, Cavan Bakery, used a £1.5m funding package to scale-up their operations and meet growing demand with a purpose-built site.

Growing with a business loan

Expand to new business premises

We look at key aspects to consider when searching for a new property, including the type of premises, where to look and whether buying or leasing is right for you.

Guide to the right property

How Asset Finance can help you grow

Are you in need of vehicles, machinery or equipment? If so, then Asset Finance might be right for you. We explain what it is, how it works and how it can help you grow your business.

Learn about Asset Finance

Client story: purchasing new equipment through Asset Finance

How offshore energy support base Port of Blyth ensured it is ready for new opportunities with Asset Finance.

Growing with Asset Finance

Increasing sales to existing customers

Getting more from your client base

A simple way to boost sales is to sell more to the customers you already have. One way of doing this is to improve their experience with positive interactions.

Whether paying online, over the phone or in-person, customers want a seamless and frictionless process. Making it easy for customers to buy from you, and even to return products if they need to, can strengthen your relationship as they’ll see you as a brand they can rely on.

This can be part of a wider customer experience strategy where you might want to focus on providing first class service, checking in with customers to ensure they are happy, sending promotional content and rewarding loyalty with special offers. These practical steps will help your customers feel valued and may result in sales growth.

What are omnichannel payments?

We look at omnichannel payments, and how connecting in-person, online and over the phone transactions can help boost sales and improve customer experience.

Show me how Show me how to create a connected customer journey

Building customer relationships

Developing the right customer service strategy, one that treats customers well and keeps them coming back for more, can help make your business more profitable.

Growing through relationships

Products to help grow your business

Purchase through Asset Finance

A simple way to spread the cost of buying or replacing existing equipment, vehicles, or machinery.

Asset Finance

Finance new premises through a commercial mortgage

A loan secured against a company property could be more cost-effective than a business loan.

Explore a commercial mortgage

Take payments no matter the channel

Give customers the freedom and flexibility to choose how they buy from you, while also giving you useful customer data and business insights.

Omnichannel payment gateway
 

Business loans to fund growth

Our business loans are a flexible way to access finance that will help you with your medium to long-term ambitions. Features include:

  • Flexible amounts from £1,000
  • Repayment terms to suit your goals
  • Access loan funds within 48 hours of your application being accepted

Existing customers can apply online for up to £50,000 or speak to one of our teams for larger amounts.

More on business loans

Exporting

Reach new customers through international markets

The decision to start buying or selling overseas may seem significant, but exporting to foreign markets might be simpler than you think.

Exploring new markets could lead to increased revenue and profitability now that technology has made exporting goods and services more accessible for businesses. By taking advantage of international opportunities, you might also diversify your income streams and minimise risks associated with relying solely on the domestic market. 

Client story: securing large contracts internationally

This Cumbria-based manufacturer was able to win contracts globally with an export guarantee – helping the business be even more ambitious.

Expand with export guarantees

International commercial terms

These trade terms define responsibilities and liabilities between buyers and sellers. This glossary covers topics like freight costs, insuring goods in transport and covering export duties.

Understand industry terms

International Trade Portal

Our portal provides detailed insight on international markets, trade networks and business opportunities.

Register today

Exporting: why and how

The potential to reach new customers and increase revenue is an attractive proposition for business owners. We look at how you can get started and trade with confidence.

A guide to exporting

Guide to international payments

Exporting abroad means a different payment system – ensure you’re set up for success with this handy guide.

Read the guide Read the international payments guide
 

Explore borrowing options

Answer a few questions about your business objectives and goals, and this tool will suggest products that may be suitable for you.

Find your finance solution

At a different stage of your journey?
Here are other ways we can help your business

Launching a business

Just starting out? We look at the steps you can take to ensure you’re set up for success.

How to start a business

How to manage your business

A selection of guides and products to help with the day-to-day running of your operation – focusing on money and tax, insurance, and people.

How to manage your business

Important legal information

Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.

Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.

Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.