• Skip To Content
  • Skip To Primary Navigation
Lloyds TSB Commercial Finance
  • Get A Quote
  • Our Solutions
  • Press Releases
  • Case Studies
  • Opinions
  • Glossary
  • Commercial Finance
  • Glossary

Glossary

Show me: 10 at a time | 20 at a time | 30 at a time

Showing 1 through 20 of 47 results

Next set of results
  • Accounts receivables

    Accounts receivables represent money owed to a company by the customer for goods or services delivered but not yet paid for.

  • Acquisition

    The act of one business acquiring the shares or assets of another business

  • Advance rate

    Amount expressed as percentage of approved invoice value which will be paid out or advanced immediately after raising the invoice

  • Asset based lending

    Encompasses funding against debtors in the form of factoring or invoice discounting, and can incorporate an element of funding against stock, property, existing plant and machinery. Also includes hire purchase and leasing products to fund assets in the form of new plant, equipment and vehicles. Can be extended to cover the funding of payroll specifically for recruitment agencies.

  • Asset finance

    Financing for the purchase of assets in exchange for a security interest in those assets. The most common kind of asset financing is to extend loans to purchase company cars, vans, machinery and equipment.

  • Cashflow finance

    Cashflow finance is an umbrella term for solutions to improve a company’s flow of cash by obtaining finance against current sales and stock value. Examples of Cash flow finance include factoring and invoice discounting.

  • Concentration

    The value of your sales ledger expressed as percentage accounted for by your biggest client or clients.

  • Cost of funds

    The interest rate you will be charged on the money lent to you (usually expressed in amount over bank base rate).

  • Credit insurance

    Credit insurance is a policy that is bought to cover losses due to unpaid accounts receivable.

  • Credit management

    Credit management is generally a broad term used to denote the management of people’s accounts receivable.

  • Debt

    A liability or obligation in the form of bonds, loans, mortgages or overdrafts owed to another person or persons and required to be paid by a specified date (maturity).

  • Debt collection

    A credit management function such as factoring or invoice discounting is a very useful tool here, especially if you are a new or growing business.

  • Debt finance

    Financing by entering into bonds, loans, mortgages or overdraft agreements.

  • Debtor Protection

    The facility offers balance sheet protection, effectively protecting your largest asset (The accounts receivable).

  • Dilution

    The ratio of credit notes to invoices you issue.

  • Discount

    The interest deducted prior to advancing or lending money against outstanding invoices.

     

  • Economic life

    The period of time during which an asset has economic value and is usable

  • Equity

    Ownership interest in a firm.

  • Equity finance

    Financing by selling ordinary shares or preference shares to investors.

  • Factor financing

    A financial transaction where a business sells its unpaid invoices to a factoring company at a discounted rate.

Show me: 10 at a time | 20 at a time | 30 at a time

Showing 1 through 20 of 47 results

Next set of results

Contact the team

Call us for a chat on 0800 169 4356
Get in touch online Get a quote

How much funding could we provide you with?

Fund between:

£40,000 and £45,000

Try our service for 6 months and if you're not satisfied, give 28 days’ notice for a full refund of fees**Terms & conditions apply

Get a quote
  • Commercial Finance
  • Glossary
Housekeeping
About Us
Our Locations
Student Accreditation
Contact Us
Accessibility
Sitemap
International
Legal
Site Terms and Conditions
Site Privacy Policy
Personal and Business Data
Operating Conditions
Privacy Policy
Other Sites
Recruitment Finance
Acorn Card
Debtor Insurance
Art of Nurture

© Copyright Lloyds TSB Commercial Finance 2010

Lloyds TSB Commercial Finance is a trading name of Lloyds TSB Commercial Finance Limited.  Lloyds TSB Commercial Finance Scotland is a trading name of Lloyds TSB Commercial Finance Scotland Limited.

The provision of credit or leasing services by us is subject to your meeting our Credit approval.  Please ensure that you only apply for credit or leasing services that you can comfortably afford.

Lloyds TSB Commercial Finance Limited is an appointed representative of Chartis Insurance UK Limited, which is authorised and regulated by the Financial Services Authority (FSA register number is 202628). You can check this on the FSA’s register by visiting the FSA’s website ww.fsa.gov.uk/register or by contacting the FSA on 0845 606 1234.