By using invoice finance facilities such as factoring and invoice discounting, firms can generate the capital needed to fund expansion without taking out a business loan or extending their overdrafts.
Implementing expansion plans can put pressure on the cash flow of any sized firm in any sector, so it is vital you secure the right funding solution to support your ambitions.

Whether you are seeking to enter new territories, diversify your product range or boost capacity, ensuring you can access adequate expansion capital is crucial to successfully executing the strategy.

Asset based lending, which includes invoice discounting, advances cash by leveraging the value of assets such as invoices, stock and machinery.

Companies can use this form of funding to support growth rather than draw on their day-to-day working capital or cash reserves.

Our flexible funding solutions are tailored to match a firm’s needs and support its short, medium and long term strategies and goals.

Factoring and invoice discounting is an ideal lending solution if you want to:

• Purchase new machinery or premises in order to boost capacity, without stifling cash flow
• Invest in new stock or research and development work in order to diversify products and services without using draining cash reserves
• Increase international trade without the gap between issuing an invoice and receiving payment from the customer damaging the working capital cycle
• Debtor Protection is an extra feature of Lloyds TSB Commercial Finance’s asset based lending packages that safeguards against the possible failure of debtors.

By protecting against the risk of the non-payment of invoices and customer insolvency, the facility provides companies with the security of being insured against potential bad debts.

Contact us to find out more about how Lloyds TSB Commercial Finance’s flexible expansion capital solutions can assist your business.

(Alternatively to find out how much you can raise by using our factoring and invoice discounting services, use our quote engine.)

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.