Business Overdrafts
Be financially flexible with a business overdraft.
Invoice Discounting
Grow your business and access money by releasing funds tied up in unpaid invoices with our confidential service.
Get a quoteWhat is Invoice Discounting?
Invoice Discounting allows you to finance your sales ledger on an ongoing basis and release funds against unpaid invoices. It can help you to manage cash flow, so you can plan ahead with confidence and invest in staff, materials and equipment, while you’re waiting for customers to pay.
It’s a confidential service, so your customers won’t know that you are using it - and you’ll continue to manage your own credit control processes.
How can an Invoice Finance facility help my business?
What are the differences between Invoice Discounting and Invoice Factoring?
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Invoice Discounting |
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Funds whole sales ledger |
Invoice Discounting
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Credit control services |
Invoice Discounting Not available |
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Confidential service so customers are not aware |
Invoice Discounting
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Not available |
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Invoice Discounting
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Invoice Discounting
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Not available |
What do our customers say about Invoice Discounting?
Juice Global
“In the early days, Invoice Finance was the life force of the business. As we’ve grown as an organisation, the Invoice Finance facility has grown with us, and we’ve been able to use it for different things – like investing for more growth or weathering storms.”
Joe Bennet, Juice Founder and CEO
How does Invoice Discounting work?
Frequently asked questions
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No, You can apply even if you don’t bank with us.
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If your business would benefit from an ongoing boost to its cash flow and it turns over more than £250,000, then Invoice Discounting is a flexible solution that allows you to continue managing your sales ledger and credit control processes.
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With Invoice Finance Online (IFO), our mobile-enabled platform puts you in control of your facility wherever you are so you can focus on growing your business. IFO allows you to receive same-day updates for your facility balances so you’ll always know how much you can request and gives you the control to manage your own users, passwords and authorisation limits.
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No, Invoice Discounting is a confidential service, so your customers won’t know you are using it.
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It won’t, although we review your personal credit files as part of our checks, it won’t affect your credit score or ability to get personal finance.
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Invoice Finance available funds grow in line with your business sales unlike loans and overdrafts. Get a quote today to get an indication of our fees and charges.
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Call us 0800 169 4356. Lines are open from 9am to 5pm, Monday to Friday, except public holidays. Alternatively request a call back.
Asset Based Lending
Increase your working capital by turning business assets into cash.
Available alongside a Lloyds Bank Invoice Discounting facility, and if your business turnover is more than £10 million.
Debtor Protection
Give yourself peace of mind by protecting up to 90% of an invoice, should your customer fail to pay.
Available alongside a Lloyds Bank Invoice Factoring or Invoice Discounting facility, and if your business turnover is more than £200,000.