Lloyds Bank closes factoring: what it means for businesses from 2025.
29.12.2025
597
Journalist
Shostal Oleksandr
29.12.2025
597
LLOYDS Banking Group is closing an important service
According to information, LLOYDS Banking Group plans to cease the implementation of an important service by the end of 2025. It is known that the factoring service for invoices will not be available to clients starting next year.According to The Sun: Factoring services allow businesses to sell their unpaid invoices to third-party factoring companies at a discount.
According to sources close to the discussions, the bank will not extend this service.
This move has a significant impact on businesses that have relied on factoring to improve their cash flow. The absence of such a service may complicate financial management for many small and medium-sized enterprises. It is important to monitor the further developments of the situation and possible alternatives in the financial services market.
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