Lloyds Commercial Finance Review

Lloyds Commercial Finance is the invoice finance and asset-based lending arm of Lloyds Banking Group plc. FTSE 100 banking parent, broad UK regional commercial banking reach, sector specialist desks for manufacturing, recruitment, transport, professional services. For established UK SMBs from £100k turnover wanting bank-tier consolidated commercial banking, Lloyds Commercial is a default option.

What this page covers

This page covers

Lloyds Commercial Finance minimum turnover, regional coverage, sector desks and bank-tier positioning

Not covered here

Smaller-ticket and fintech invoice finance (see /providers/), general invoice finance education (see /guides/), sector pages (see /industries/)

Key Facts

ParentLloyds Banking Group plc
Min turnover£100,000
UK regional coverageNationwide
Sector desksMultiple specialists
Service chargeNegotiated

When Lloyds Commercial Wins

When to Look Elsewhere

Official site: Lloyds Bank Commercial Finance

Sources

Figures without a link above, including starting service charges, are Market Invoice research estimates: most providers do not publish a rate card and price each facility individually. Checked September 2026.

AP

Adam Parker

Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd

Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind Market Invoice. He spent over three years as managing director of Penny, a UK invoice finance business, and his career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library.

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Lloyds Commercial Finance FAQ

What is Lloyds Commercial Finance?

Lloyds Commercial Finance is the invoice finance and asset-based lending arm of Lloyds Banking Group plc (FTSE 100 UK banking group). Operates under the Lloyds Bank brand for England, Wales, and Northern Ireland customers; the same underwriting platform also delivers via the Bank of Scotland brand for Scottish customers.

What is Lloyds Invoice Finance Online?

Lloyds Invoice Finance Online (sometimes searched as 'lloyds invoicefinanceonline') is the digital client portal used by Lloyds Commercial Finance customers to upload invoices, manage their facility, view advances and payment history, and run reports. Available to existing Lloyds Invoice Finance customers via the Lloyds Bank business portal. New customers apply via lloydsbank.com or through a comparison service like MarketInvoice for a market-wide quote first.

Does Lloyds Invoice Finance have early termination fees?

Usually, yes: like most bank invoice finance, Lloyds facilities have a minimum term and a notice period, and ending early normally attracts a fee. Lloyds does not publish these terms; they are set out in your facility agreement. If you are considering switching, ask Lloyds for a 'settlement figure' showing the termination cost, then compare against the savings from moving.

Some UK independents offer rolling 30-day or 3-month contracts as a flexible alternative if termination flexibility matters.

What's Lloyds Commercial Finance's minimum turnover?

Lloyds Bank publishes a minimum turnover of £100,000 a year for invoice finance, for businesses that sell to other businesses on credit terms. Its invoice discounting and asset-based lending products are aimed at larger businesses, and final eligibility depends on your debtor book and credit control.

What sectors does Lloyds Commercial Finance underwrite cleanly?

Strong UK sector coverage: manufacturing, wholesale and distribution, transport and logistics, recruitment and staffing, professional services, food and drink manufacturing, construction (specialist construction desk), retail wholesale, and healthcare. Cross-border international trade via Lloyds International Trade arm. Sector specialist desks for the larger sectors provide institutional underwriting depth.

What's Lloyds Commercial Finance's typical pricing?

Negotiated rather than published. Bank of England base rate was 3.75% as of December 2025. Lloyds does not publish its discount or service charges, and neither do Barclays, NatWest or HSBC, so compare quotes. Existing customers usually get materially better pricing than non-customers.

Do I need to bank with Lloyds?

Not formally required but practically expected. Lloyds Commercial Finance prefers to bundle invoice finance with the Lloyds business current account, FX, treasury, and broader commercial finance. Pricing improves for existing customers; setup is faster. Expect onboarding to take longer if you don't already bank with Lloyds.

How does Lloyds Commercial compare to Bank of Scotland Invoice Finance?

Same underwriting platform under the same parent group; the brand difference is geographic / customer-relationship. Lloyds Commercial covers English / Welsh / Northern Irish customers; Bank of Scotland covers Scottish customers with Scots-law underwriting institutionalised. Pricing and product mechanics are broadly identical; choice usually driven by existing banking relationship and customer registration jurisdiction.