Factoring and invoice discounting are flexible invoice finance solutions from Lloyds TSB Commercial Finance that can be utilised by professional services firms to boost cash flow by releasing the value of their existing assets.

Strong cash flow is vital if a professional services company is to cover its day-to-day operational costs, meet client demand and make strategic investments to capitalise on growth opportunities.

However, developing new services and increasing the scale and reach of your business can drain cash flow and leave your company in danger of becoming overstretched.

Invoice finance facilities such as factoring and invoice discounting are ideally suited for companies that are seeking to improve cash flow or to support strategic investments and expansion.

This form of finance can unlock the hidden value of your business’ balance sheet by advancing cash against existing assets such as the sales ledger or property.

These facilities are particularly suited to:

• Releasing the cash needed to invest in the systems, processes and activities needed to give you a crucial competitive edge
• Strengthening cash flow by bridging the gap between the issuing of a client invoices and receiving payment
• Providing access to the capital needed to purchase complementary or competing firms in order to increase market share and boost the geographical reach of your business

Our invoice finance solutions are tailored to match a firm’s exact needs and ensure funding is structured to reflect the company’s strategic objectives.

Businesses also benefit from a greater degree of flexibility with factoring and invoice discounting than with traditional bank loans and overdrafts, enabling them to exercise more control over their finances.

These features of invoice finance are leading an increasing number of professional services firms to utilise our facilities to boost cash flow and support expansion.

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