This profile summarises published product information from Lloyds Bank and sets out questions for a quotation. It is based on public information rather than hands-on testing or customer-service research. Inclusion does not imply a partnership or recommendation.
Published product features
Lloyds describes a confidential invoice-finance service in which businesses retain their sales-ledger management and credit control. Its published page states advances of up to 90% of invoice cash value.
“Up to” figures describe a product maximum. The percentage and amount available to your business depend on approval, eligible debts, limits, reserves and the agreed conditions. The initial setup process may take longer than a published routine funding time.
Product details to confirm
The product page distinguishes funding from optional protection against bad debts. It also states that you do not have to bank with Lloyds to apply. Ask what collection and account arrangements are needed for the particular proposal.
Costs and eligibility
Request a written quotation covering the discount rate, service-fee base, minimum charges, setup and legal costs, any protection premium, review provisions and termination fees. Confirm the criteria directly because published product information can change.
Compare that quote using the same expected sales, average drawings, collection days and contract term as the other proposals you receive. Ask for a worked opening cash-availability statement based on your own aged ledger.
Questions to ask
- What amount is available from our ledger after exclusions?
- What fees apply to sales, drawings and low-usage periods?
- What reporting and reconciliation will our team need to perform?
- How are disputed invoices and customer credit limits handled?
When to look at alternatives
If the provider does not accept a large part of your ledger, compare other structures rather than focusing only on its headline rate. Selective finance may address occasional needs; factoring may add a collections service; other working-capital products may be relevant before invoices exist.
How to use this profile
Use the official product link below to check current features and contact the provider. Confirm the terms offered to your business in writing before making a decision.
Sources and verification
Published material checked on 24 October 2026. Provider terms can change; confirm them before applying. Examples and comparison methods are our own illustrations.
