Lloyds TSB Commercial Finance

Factoring is a flexible form of finance which advances money to a company as and when it issues new invoices, designed for businesses with a turnover greater than £100,000.

Up to 90% of the value of your invoices can be paid out within 24 hours of raising them, which can bridge the gap between raising an invoice and getting that invoice paid.

Factoring enables working capital to grow in line with sales and provides financial headroom for greater financial flexibility.

With our invoice discounting product, you will receive advances of funds against outstanding sales invoices.

Up to 85% of the value of your invoices can be paid out within 24 hours of raising them. This facility is provided confidentially, so customers remain unaware of the financing arrangements.

Invoice discounting solutions are tailored for specific needs of businesses with sales in excess of £250,000.

Asset finance enables companies to obtain funding for the purchase of assets they need to run and grow their businesses successfully.

Paying cash outright for capital assets can be a significant drain on your company's working capital. With asset finance you will ease your cash flow through regular payments over an agreed period of time.

Funding is available for new & used cars, coaches, light & heavy commercial vehicles, plant, machinery & office equipment.

Debtor Insurance provides security for your business by protecting you against your customers’ insolvency or non-payment of invoices.

You may run a very successful business, however, have you thought about what would happen if one of your customers became insolvent?

What would the impact be on your business?

At Lloyds TSB Commercial Finance we have a dedicated team who will work with you and provide you with a low cost, easy to manage service. This could protect you from potentially damaging losses if a major customer suddenly fails.

Debtor Protection provides security for your business by protecting you against insolvency or non payment of invoices by your customers.

You may run a very successful business, however, have you thought about what would happen to your business if one of your customers became insolvent?

What would the impact be on your business?

At Lloyds TSB Commercial Finance we have a dedicated team who will work with you and provide you with a low cost, easy to manage service which could protect you from potentially damaging losses if a major customer suddenly fails.

Lloyds TSB Commercial Finance specialises in providing funding and payroll services for the UK temporary recruitment sector.

The service is designed for all sizes of recruitment business and can provide invaluable support to both new and established agencies.

We provide a fully outsourced payroll management and funding service, which means temps get paid on time, whilst freeing up time to get the business moving in the right direction.

We believe that our products and our staff are amongst the best in our industry.

Our aim is to provide excellent client service at all times and we believe in treating our customers fairly in all our dealings with them. For this reason we offer all our clients with facilities linked to business invoices our New Business Charter.

The New Business Charter sets out the principles of our working arrangements with you.