Get a quote now for Invoice Factoring or Discounting

Get a quote now for Invoice Factoring or Discounting

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Our Invoice Finance solutions are provided by Lloyds Bank. 

What is Invoice Financing?

Invoice Finance provides early access to the money owed to you in unpaid invoices. While you’re waiting for invoices to be paid by your customers, we can advance up to 90% of the invoice cash value to you. This is usually within 24 hours of applying.​

Our Invoice Finance solutions include Invoice Factoring and Invoice Discounting. They are both designed to help you access money quickly so you can strengthen your cash flow and support your growth ambitions.

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

Types of Invoice Finance solutions

Invoice Factoring

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

  • Fund your whole sales ledger
  • Get support with your sales ledger management
  • Customers make payments directly to us
Get a quote

Invoice Discounting

Manage your own sales ledger and credit control with a confidential service.

  • Fund your whole sales ledger
  • Continue to manage your own credit control
  • Confidential service
Get a quote

Is your business eligible?

You can apply for Invoice Factoring or Discounting, if you are:

  • Selling business to business and on credit terms.
  • A business with a minimum turnover of £50,000 per annum for Factoring.
  • A business with a minimum turnover of £250,000 per annum for Discounting.

 

How much does Invoice Finance cost?

Each invoice finance agreement is priced and tailored individually to your business.

Get a quote today to get an indication of our fees and charges.

How can an Invoice Finance facility help my business?

Boost cash flow

Boost cash flow

Advance up to 90% of the value of your invoices, usually paid within 24 hours. Available to UK and overseas debt in a range of currencies.

Credit control support

Credit control support

With the help of our dedicated team, save time on issuing statements, sending reminders and performing credit control with Invoice Factoring.

Grows with your business

Grows with your business

The amount of cash you can release grows as your debtor book rises. You can plan ahead with confidence in your cash flow.

How does Invoice Finance work?

Steps to take

We'll guide you through it

  1. You deliver goods or services to your customer, and they are sent an invoice.​
  2. We pay you up to 90% of the value of the invoice, typically within 24 hours.​
  3. You can use funding to support your day-to-day cash flow, or to support your growth ambitions.​
  4. When your customer pays the full value of the invoice, you receive the remaining balance, minus our fee

Customer stories

Flora & Curl

“When orders started to increase, I knew I needed financial support to take Flora & Curl to the next level. The support from Lloyds Bank has allowed me to take on much larger orders and build the brand on an international level.”

Rose Ovensehi, Founder and CEO of Flora & Curl

Zaun Ltd

“Zaun Ltd is a fantastic brand which has built an excellent reputation within the manufacturing industry. Over the years, we’ve been committed to supporting the firm with its growth ambitions through Invoice Finance and the Coronavirus Business Interruption Loan Scheme.” 

Nash Lal, Relationship Director, SME Banking at Lloyds Bank

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

The benefits of using Invoice Finance at Lloyds Bank

Expert Support

Expert Support

You have the support of a dedicated Client Manager, as well as a specialist UK-based support team who can tailor a solution to match your trading patterns and business goals.

A trusted brand

A trusted brand

Lloyds Bank has over 50 years’ experience in providing Invoice Finance. You can be confident you are with one of the leading providers of Invoice Finance in the UK.

Upfront fees and charges

Upfront fees and charges

Through our quote tool you can get an indication of fees in minutes by simply telling us a bit about your business.

Frequently asked questions

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.

More on debtor protection

Log on to access your existing facility or speak to a specialist

Online

Manage your accounts online and access useful information

Manage your facility

Speak to a specialist

Call us 0800 169 4356. Lines are open from 9am to 5pm, Monday to Friday, except public holidays. Alternatively request a call back.

Request a callback

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.