Lloyds Bank Commercial Finance vs NatWest Invoice Finance: UK Invoice Finance Comparison 2026
Both are UK high street clearing banks offering invoice finance to established businesses. In practice the difference is usually which banking relationship you already hold and how that affects approval and cross-sell. Lloyds Bank Commercial Finance advances up to 90% with setup typically in 10 to 15 working days; NatWest Invoice Finance advances up to 90% with setup in 10 to 15 working days. Lloyds Bank Commercial Finance needs £500k minimum turnover, NatWest Invoice Finance needs £500k minimum turnover. Read the side-by-side below, then jump to the "when X wins" sections.
Side-by-side
| Lloyds Bank Commercial Finance | NatWest Invoice Finance | |
|---|---|---|
| Product type | Invoice finance (CID, factoring, ABL, export) | Invoice finance (CID, factoring, ABL) |
| Min turnover | £500k | £500k |
| Advance rate | Up to 90% | Up to 90% |
| Typical fee | 0.7% to 1.5% service charge | 0.7% to 1.5% service charge |
| Contract / commitment | Whole-ledger or selective | Whole-ledger or selective |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | 10 to 15 working days | 10 to 15 working days |
| Best for | £500k+ turnover banking-relationship customers; Multi-currency exporters; Full ABL panel seekers | Existing NatWest banking customers; £500k+ turnover; Banking relationship seekers |
| Last reviewed | 2026-05-12 | 2026-05-12 |
When Lloyds Bank Commercial Finance wins
- Largest UK IF book by volume historically.
- Full ABL panel: receivables, stock, plant, property.
- Banking relationship cross-sell (current account, FX, trade).
- Multi-currency and export finance integrated.
Best for
£500k+ turnover banking-relationship customers, Multi-currency exporters, Full ABL panel seekers.
Watch outs
- Setup 10-15 days, slowest in mainstream segment.
- SME (<£500k) appetite reduced 2023-25.
- Credit committee approval adds friction.
When NatWest Invoice Finance wins
- NatWest Group balance sheet scale.
- Banking relationship cross-sell.
- ABL panel.
- Established invoice finance desk.
Best for
Existing NatWest banking customers, £500k+ turnover, Banking relationship seekers.
Watch outs
- 10-15 day setup.
- SME (<£500k) appetite limited.
- Less competitive on rate than independents.
FAQ
Lloyds Bank Commercial Finance or NatWest Invoice Finance: which is the better fit for UK invoice finance in 2026?
Lloyds Bank Commercial Finance is the stronger fit for £500k+ turnover banking-relationship customers (£500k minimum turnover, setup 10 to 15 working days); NatWest Invoice Finance fits existing NatWest banking customers better (£500k minimum turnover, setup 10 to 15 working days). The "when X wins" sections above break this down by profile.
What are the headline commercials, Lloyds Bank Commercial Finance vs NatWest Invoice Finance?
Lloyds Bank Commercial Finance advances up to 90% at 0.7% to 1.5% service charge. NatWest Invoice Finance advances up to 90% at 0.7% to 1.5% service charge. Lloyds Bank Commercial Finance needs £500k minimum turnover, NatWest Invoice Finance needs £500k minimum turnover. Setup runs 10 to 15 working days for Lloyds Bank Commercial Finance and 10 to 15 working days for NatWest Invoice Finance. Bespoke pricing is common above £1m ledger so verify before signing.
Can I get a confidential facility with either Lloyds Bank Commercial Finance or NatWest Invoice Finance?
Lloyds Bank Commercial Finance offers confidential invoice discounting (your customers are not notified). NatWest Invoice Finance offers confidential invoice discounting (your customers are not notified).
Where does each one struggle?
Lloyds Bank Commercial Finance is the wrong fit for sub-£500k turnover. NatWest Invoice Finance is the wrong fit for sub-£500k turnover. If either describes your business, browse the side-by-side or get matched against the wider UK panel via our quote form.
Can Market Invoice help me choose between Lloyds Bank Commercial Finance and NatWest Invoice Finance?
Yes. marketinvoice.co.uk is an independent comparison and introducer service operated by Best Business Loans Ltd (company 16833937), and is not tied to either provider. Share your turnover, sector and debtor profile and we will match you against UK invoice finance providers likely to approve, with no obligation to proceed.
Related
- Full Lloyds Bank Commercial Finance review
- Full NatWest Invoice Finance review
- Barclays Invoice Finance vs HSBC Invoice Finance
- HSBC Invoice Finance vs NatWest Invoice Finance
- HSBC Invoice Finance vs Santander Invoice Finance
- All UK invoice finance comparisons
- Browse every reviewed UK invoice finance provider
- UK invoice finance by region
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Get quotes →Disclosure: marketinvoice.co.uk is an independent invoice finance comparison and introducer service operated by Best Business Loans Ltd (company number 16833937). It is a separate business and is not connected to MarketFinance / Kriya or to any provider named on this page. If you take out a facility after we introduce you to a lender or broker, we may be paid a commission or referral fee by that party; this is never added to your costs. Invoice finance for limited companies is not a regulated activity, so this comparison is general information rather than regulated financial advice. Figures are indicative and commonly negotiated above ~£1m ledger, so confirm terms directly with the provider before you sign.
Reviewed by Oliver Mackman, Director. Last reviewed: 2026-05-12. Editorial by Best Business Loans Ltd (16833937).
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