Get full control over your working capital
Invoice discounting is a funding solution which enables you to raise funding from your unpaid invoices without having to wait to be paid by your customers.
An Invoice discounting facility from Lloyds TSB Commercial Finance delivers improved cashflow while enabling you to maintain control over your sales ledger. Facilities are revolving, therefore you are not required to make capital repayments, once again maximising available cash flow.
This additional headroom can put you in a position to seize business opportunities, giving you a real edge on your competitors.
Invoice discounting - a confidential solution
You invoice your customers directly and at the same time send a copy of the invoice to us for payment. We give you up to 85% of the value of the invoice immediately, often within 24 hours. Once your customer has settled the invoice we send you the balance owed, less the agreed fee.
As the arrangement is a confidential one between us it remains invisible to your customers, so they need never know we are involved.
Asset based lending & invoice discounting
We can provide funds against invoices, stock, plant and machinery, land and buildings. The exact mix of assets utilised will depend on your needs and the strength of security in the assets themselves.
We make it personal
Customer service is very important to us, that's why as an invoice discounting customer you will be assigned one of our client managers. This locally based expert will be on hand to ensure you and your business receive the attention you deserve.
Our invoice discounting service is most suitable for businesses with good financial controls in place and a strong financial background. Alternatively, you may want to consider our fully managed factoring solution. Read more about factoring.
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.