Lloyds Bank Commercial Finance Review
Lloyds Bank Commercial Finance is the UK's largest invoice finance provider by volume, advancing billions annually across factoring and invoice discounting. Available to existing and new Lloyds business banking customers with annual turnover from £500,000, they offer the scale and security of the UK's largest retail bank.
Key Facts
Service charge fromNegotiated
Advance rateUp to 90%
Setup speed10-15 days
Min turnover£500,000
Our rating4.0/5
TypeHigh street bank
Pros and Cons
Strengths
- UK's largest provider — unmatched scale
- Integrates with existing Lloyds business banking
- Competitive rates for large facilities
- International factoring capability
- Full range of asset-based lending products
Limitations
- High minimum turnover (£500k)
- Slow setup (10-15 days)
- Less flexible on non-standard cases
- Bureaucratic — large bank processes
Our Verdict
Lloyds is the natural choice for larger businesses already banking with Lloyds who want everything under one roof. For smaller businesses or those needing flexibility, independent providers offer better service and faster setup. The main advantage is scale and integration with your existing banking relationship.