Factoring and invoice discounting are flexible funding solutions provided by Lloyds TSB Commercial Finance which enable wholesalers and retailers to overcome cash flow challenges and support expansion, without extending their overdrafts or taking out business loans.

Maintaining a good level of working capital is essential for wholesalers and retailers to maintain adequate stock levels and ensure they have the funds needed to meet day-to-day operational costs.

A key challenge for many businesses in the sector is to manage cash flow so they can successfully bridge the gap between the delivery of products and the receipt of payments from customers and ensure that they are in a good position to keep up with seasonal fluctuations in demand.

For wholesalers and retailers involved in international markets, they must also account for the slower pace international transactions, with the time frame for goods being shipped and receiving payment reaching up to four months.

Lloyds TSB Commercial Finance’s asset based lending facilities, which include factoring and invoice discounting, release the value of existing assets such as sales ledgers and machinery, and is ideally suited to businesses seeking to improve cash flow or invest in their development.

Our flexible facilities can enable you to:

• Build up stock levels ahead of seasonal increases in demand without needing to secure a traditional business loan or extend your overdraft.
• Boost working capital levels so that you can enter new territories and manage the life cycles of international transactions without putting pressure on your cash flow.
• Release the funds needed to invest in new machinery and technology in order to improve efficiency and tighten inventory control.

For over 25 years we have been working with clients in the sector to structure the most appropriate facilities to deal with these challenges and support their continued growth.

Our finance packages are tailored to match a firm’s exact requirements and ensure that you have a greater degree of control over your company’s financial wellbeing than is possible with other types of lending.

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

(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.