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Tips and insights to support you with managing inflation, costs and cashflow. You can also find further help with Managing business costs and uncertainty, including:

Pay As You Grow

Pay As You Grow

Additional support for businesses with a Bounce Back Loan, giving you flexibility and more time to pay back your loan should you need it. 

More about Pay As You Grow

Managing business costs

How to reduce costs

When inflation rises, so do business costs. There are a number of strategies you can use to limit the impact, both in the short and long term. From reviewing travel budgets and cutting down wastage to reimagining office space and investing in green technologies, we have some ideas to help.

Navigating higher inflation and business costs

Surprising ways to reduce your business costs

Business owner working on accounts
Man working on laptop at work

When is it time to put your prices up?

When costs are increasing as they have been for the past few years, keeping your business profitable and resilient can be challenging. Deciding that you need to raise your prices has a financial impact on your customers so it's something that needs careful consideration.

When should I raise my prices?

Managing cash flow

Business owner working on laptop

Ways to manage short term cash-flow pressures

Running out of cash can be a problem for many businesses, especially during the current economic climate. Late payment can leave you unable to pay your suppliers and staff, or cover overheads. Every business needs funds to purchase goods and services and these will often be held as stock until they are sold, so there may be a period of credit before the end customer pays.

From good forecasting, scenario planning and getting paid promptly, there are ways to inject cash into your business and better manage your cash flow through financial products that may be less costly than an overdraft.

9 ways to manage cash flow

Energy and fuel costs

Smart solutions to fuel price volatility

Many Scottish businesses are feeling the pressure of volatile fuel costs. Find out how switching to smarter solutions can help.

Read more about fuel price volatility

Business Man working on tablet
Two mens lifing a box together

Managing the business impact of Low Emission Zones

A guide to the impact of Low Emission Zones and support to help you to look at ways to upgrade your vehicle and manage the additional costs.

How you can upgrade your vehicle

Products to help short-term cashflow needs

Release funds from unpaid invoices

Release funds from unpaid invoices

Get an advance of up to 90% of the invoice cash value, usually within 24 hours with Invoice Finance.

Invoice Finance Invoice Finance

Arrange flexible short-term borrowing

Arrange flexible short-term borrowing

Overdrafts offer a useful safety net giving you extra funds when you need them for day-to-day spending.*

Overdraft Overdraft

Leverage opportunities for interest-free credit

Leverage opportunities for interest-free credit

Cards offer a cost-effective way to prevent expenses disrupting cash flow with up to 56 days interest-free credit.

Cards Cards

Managing risk

Many businesses aren't aware of the risks they're exposed to when they import, export, borrow or save. It’s therefore helpful to understand these risks and find solutions to protect your business against cash-flow issues or reduced profitability. When trading internationally, you can protect your business against the risk of not getting paid or receiving goods and services, as well as fluctuations in currency exchange rates which could impact profit margins.

Finding ways to manage the cost of borrowing for your business can have a positive impact on your cash flow and profitability, helping to protect your business against unexpected increases in interest rates, and allow you to forecast cash flow more easily.

Financial Risk Management

Trade with confidence

Reduce risk of non-payment, unlock early payment options and negotiate better payment terms. 

Cost of borrowing

Fix rates and protect against unexpected increases in interest rates and cost of borrowing.

Currency fluctuations

Fix costs in advance and manage exposure to changing currency markets.

Reduce costs through sustainability

Find out how transitioning to low-carbon, sustainable business models and pursuing clean growth opportunities can help you reduce costs.

Visit our sustainability hub 

Discounted borrowing costs

Get discounted lending for green purposes through Bank of Scotland’s Clean Growth Financing Initiative. 

Reduce energy costs

Our Green Buildings Tool is an interactive digital tool that can help you identify energy-efficient investments in your buildings.

Get in touch

Call your named Relationship Manager or our business management team. We are available from 8am to 8pm Monday to Friday and 9am to 2pm on Saturday. Telephone: 0345 300 0268 (+44 (0)131 549 8724 if you're outside the UK)

If you have a hearing or speech impairment you can use Relay UK. More information on the Relay UK Service can be found at https://www.relayuk.bt.com .

  • There are some great charities and other organisations that can help with issues ranging from financial advice to mental wellbeing.

    Business Debtline

    Business Debtline is the UK’s only free dedicated debt advice service for people who are self-employed and other small business owners.


    Federation of Small Businesses (FSB)

    The FSB is non-profit making organisation promoting and protecting the interests of the self-employed and owners of small firms by offering access to services which help you protect your business, can save you money and those that can help you look to grow your business.



    MoneyHelper has been set up by the government to provide free and impartial money advice in person, over the phone and online. They offer guides to help improve your finances along with tools and calculators to help you keep track and plan ahead.


    UK Finance

    UK Finance is the leading trade association for the UK banking sector with their core priorities in helping customers both consumers and business, promoting growth and raising standards. Providing information on the current economy and providing a variety of training workshops and events.


    Step Change (Debt Charity)

    Step Change offers free debt advice that is based on a thorough review of your situation. They will then provide practical help and support for however long it’s needed.


    Business Emergency Resilience Group 10 Minute Plan

    To help businesses prepare for, respond to and recover from emergencies, Business in the Community, the charity of which Lloyds Banking Group is a member, has produced a 10 minute plan. As seen with the recent floods in Cumbria, the increasing prevalence of cybercrime and the terrorist attacks in Paris, business can be significantly disrupted. This plan provides a framework on how to manage these emergencies.

    Mental Health UK

    1 in 4 people in the UK has experienced a mental health problem. Mental Health UK brings together over 40 years of expertise from four national mental health charities to provide advice, information and support.


    Citizens Advice Bureau (CAB)

    The CAB provides free, confidential, impartial information and advice on a wide range of debt and benefits issues, face to face. Check your local phone book or Yellow Pages for the nearest Citizens Advice Bureau, or visit the Citizens Advice website for your area.


    Small Business Commissioner

    20% of small businesses have run into cash-flow problems due to late or unfair payments. The Small Business Commissioner can help smaller business handle payment problems they have with their larger business customers. They can also help with checking contracts and getting invoices right.

    If you’re a small business with fewer than 50 employees, they may be able to help you.


    Lending Standards Board

    The role of the Lending Standards Board is to monitor and enforce the Standards of Lending Practice and to ensure subscribers and their agents provide a fair deal to their personal and business borrowing customers.


    National Enterprise Network

    National Enterprise Network provides help and support for new, small and growing businesses in England, with a particular emphasis on start-ups and micro businesses.


    The Insolvency Service

    The Insolvency Service is the government online resource to provide guidance on personal and company insolvency.


    The Farming Community Network

    The Farming Community Network is a voluntary organisation & charity that supports farmers and families within the farming community with personal or business-related issues. They run a confidential, national helpline and e-helpline which is open every day of the year from 7am to 11pm with volunteers who provide free, confidential, pastoral and practical support to anyone who seeks help.

    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.

*To help small businesses with the impact of inflation and rising costs of business, we are temporarily waiving unauthorised borrowing fees and returned item fees. Find out more about our Business Overdraft fees for businesses with £0-3m turnover and businesses with £3-25m turnover.