Most companies want financial headroom- to free-up working
capital to allow you to focus on your more profitable and positive
task of growing your business.
Invoice Finance (Factoring or Invoice Discounting) is used in
successful, fast-growing businesses of all kinds, from start-ups to
large, established corporates.
With Lloyds TSB Commercial Finance, a range of flexible,
financial solutions are available to suit the needs of your
Factoring is a good option for small
to medium sized businesses. Like most businesses, you're
probably frustrated by the gap between sending out an invoice and
getting that invoice paid. Factoring can improve your cashflow by
releasing this money against unpaid sales invoices.
Invoice Factoring provides greater financial flexibility as it
releases up to 90% of an invoice's value often within 24 hours of
it being raised.
Benefits Of Invoice
Factoring is flexible - the amount
you can borrow grows directly with your sales
No other assets are needed to secure
Businesses can receive up to
90% of outstanding invoice values within
If you are a growing business or a start-up that trades on
credit terms and have an annual turnover
in excess of £50,000, then Invoice Factoring from Lloyds TSB
Commercial Finance is a funding solution worth considering.
Try our Factoring service for 6
months; if you're not completely satisfied, you can give us
28 days' notice for a full refund of fees.
Invoice Discounting is a smart solution for businesses with sales of over
£250,000. If you want a quick way to grow your working
capital, Invoice Discounting gives you rapid access to the cash
tied up in your unpaid invoices.
Invoice Discounting gives you full control over the working
capital of your business and as you are responsible for the
maintenance of the sales ledger, the arrangement between your
business and us remains confidential.
Benefits of Invoice
Releases Cash -
enables you to raise cash against your business to business
invoices, up to 85% often within 24 hours
Improved working capital -
improved cash flow enables you to buy more competitively from your
suppliers by obtaining early payment discounts
Flexible Limits -
Confidential invoice discounting funding grows in line with your
turnover; the more you invoice, the more funding is available
Invoice Discounting, our arrangement with you remains private
This New Business Charter sets out the principles of our working arrangements with you *
Why Choose Lloyds TSB Commercial
We recognise that choosing a business funding provider isn't
just about finding the right deal. Making
sure you have the right solution is of the utmost
importance, but business is about more than just the numbers - it's
also about relationships.
As the largest retail bank in the UK with strong positions in a
number of sectors, Lloyds Banking Group serves over 30 million
people. Lloyds TSB Commercial
Finance, with 23% market share* (ABFA Q2 2011), is a leading Invoice Financing and Asset Based
Lending provider and we take pride in our clear, group wide
commitment to deep, long term relationships. We have worked with
thousands of UK businesses, helping them to access working capital
and improve their cash flow, providing them with the opportunity to
grow and flourish.
Invoice Financing solutions from
Lloyds TSB Commercial Finance such as Factoring or Invoice
Discounting, speak for themselves; but being part of the Lloyds
Banking Group enables us to offer many of our customers' access to
a wide range of complementary financial services; and we can draw
on these resources when we need to.