Lloyds TSB Commercial Finance can provide financial services firms with alternative lending packages to traditional business loans and overdrafts. Factoring and invoice discounting are two flexible funding options that can help companies service demand from clients and support expansion plans.

Maintaining good levels of working capital is essential if a firm is to maximise growth opportunities, capitalise on new business prospects and realise its full potential.

However, making the strategic investments necessary to grow your firm can put a significant strain on cash flow.

Increasing capacity, diversifying products and services or entering new markets or territories requires extra investment that can leave companies at risk of becoming overstretched.

Invoice financing, which includes factoring and invoice discounting, is more flexible than a traditional business loan and is ideally suited to financial services firms looking to increase liquidity or generate the working capital required to support expansion.

Lloyds TSB Commercial Finance provides companies in the sector with facilities that advance cash by releasing the value of existing assets such as debtor books, premises and equipment.

This form of business lending is ideally suited to firms wanting to:

• Strengthen cash flow by bridging the gap between when an invoice is issued and when payment from the customer is received
• Generate the working capital required to meet increased demand, invest in developing new products and services or expand geographical reach
• Raise enough capital to execute an acquisition or buyout without taking on additional debt
• Our experience of funding financial services businesses enables us to tailor our facilities to match the exact requirements of each individual firm.

This approach to lending means you can be assured that the funding package is structured to support both your company’s immediate requirements and its long term strategic objectives.

Firms using factoring and invoice discounting can also exercise a degree of control over their finances that is often not possible with traditional bank loans and overdrafts.

Lloyds TSB Commercial Finance is a key source of funding for financial services businesses seeking to boost cash flow and execute expansion strategies.

Contact us to find out more about how Lloyds TSB Commercial Finance’s funding solutions could assist your financial services 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.