Lloyds Bank Commercial Finance vs Santander Invoice Finance: UK Invoice Finance Comparison 2026
See how Lloyds Bank Commercial Finance compares to Santander Invoice Finance side by side, then get three tailored quotes to weigh alongside them. Free, no obligation, and nothing to pay if you decide not to proceed.
Start here: what fits your business?
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. Both advance up to 90%, setup typically in 10 to 15 working days. Lloyds Bank Commercial Finance needs £100k minimum turnover, Santander Invoice Finance does not publish a minimum turnover figure. Read the side-by-side below, then jump to the "when X wins" sections.
Side-by-side
Full reviews: Lloyds Bank Commercial Finance · Santander Invoice Finance
| Compared on | Lloyds Bank Commercial Finance | Santander Invoice Finance |
|---|---|---|
| Product type | Invoice finance (CID, factoring, ABL, export) | Invoice finance (CID, factoring) |
| Min turnover | £100k | Not published |
| Advance rate | Up to 90% | Up to 90% |
| Typical fee | Not published (quoted per facility) | Not published (quoted per facility) |
| Confidential available? | Yes | Yes |
| Factoring available? | Yes | Yes |
| Setup speed | 10 to 15 working days | 10 to 15 working days |
Sources for these figures: Lloyds Bank Commercial Finance: advance rate · Lloyds Bank Commercial Finance: minimum turnover · Santander Invoice Finance: advance rate
When Lloyds Bank Commercial Finance wins
- Published £100,000 minimum turnover, low for a high street bank.
- Full ABL panel: receivables, stock, plant, property.
- Banking relationship cross-sell (current account, FX, trade).
- Multi-currency and export finance integrated.
Best for
Existing Lloyds banking-relationship customers, Multi-currency exporters, Full ABL panel seekers.
Watch outs
- Setup 10-15 days, slowest in mainstream segment.
- Asset-based lending only above £10m turnover.
- Credit committee approval adds friction.
When Santander Invoice Finance wins
- Santander Group balance sheet.
- European multi-currency capability.
- Banking relationship cross-sell.
- Established IF desk.
Best for
Existing Santander corporate customers, Established SMEs wanting a bank relationship, European trade-exposed businesses.
Watch outs
- No published pricing or rate card.
- 10-15 day setup.
- No published minimum turnover or rate card.
FAQ
Lloyds Bank Commercial Finance or Santander Invoice Finance: which is the better fit for UK invoice finance in 2026?
Lloyds Bank Commercial Finance is the stronger fit for existing Lloyds banking-relationship customers; Santander Invoice Finance fits existing Santander corporate customers better. The "when X wins" sections above break this down by profile, and the commercials are covered in the next question.
How do Lloyds Bank Commercial Finance and Santander Invoice Finance price their facilities?
Neither publishes its pricing; both quote per facility. The table above sets advance rate, setup speed and minimum turnover side by side.
Can I get a confidential facility with either Lloyds Bank Commercial Finance or Santander Invoice Finance?
Both Lloyds Bank Commercial Finance and Santander Invoice Finance offer confidential invoice discounting (your customers are not notified).
Where does each one struggle?
Lloyds Bank Commercial Finance is the wrong fit for sub-£100k turnover. Santander Invoice Finance is the wrong fit for lowest cost seekers. If either describes your business, browse the side-by-side or get 3 free quotes through our quote form.
Can Market Invoice help me choose between Lloyds Bank Commercial Finance and Santander 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 eCapital, our introduction partner, handles your enquiry and comes back to you with quotes, with no obligation to proceed.
Related
- Full Lloyds Bank Commercial Finance review
- Full Santander 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
Sources
- Rates, advance percentages and product details checked against Lloyds Bank Commercial Finance's own site.
- Rates, advance percentages and product details checked against Santander Invoice Finance's own site.
- Lloyds Bank Commercial Finance: advance rate
- Lloyds Bank Commercial Finance: minimum turnover
- Santander Invoice Finance: advance rate
Get 3 free quotes
Tell us monthly turnover, sector, debtor profile and whether the facility needs to be confidential. eCapital, our introduction partner, handles your enquiry and comes back to you with quotes. Free, and no obligation to proceed.
Get my 3 quotes →Best Business Loans Ltd (16833937), directed by Oliver Mackman, owns and operates Market Invoice. Last updated: .
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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 Kriya, Allica Bank or to any provider named on this page. Our introduction partner pays us a fixed fee for each business we introduce, whether or not a facility follows; 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; larger facilities are commonly priced bespoke, so confirm terms directly with the provider before you sign.