Customer reviews of Lloyds TSB Commercial Finance TW9 1QE, found in Factoring Companies in Richmond on BView

Lloyds TSB Commercial Finance

Boston House, Little Green, ,
Richmond, Surrey, TW9 1QE
01295 272 272
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- 4 reviews write a review!

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About

Asset based lending
Asset based lending (ABL) from Lloyds TSB Commercial Finance enables businesses of all sizes to boost their cash flow. Using all your available assets in a flexible and imaginative way makes it possible to fund your ambition and finance your business objectives. ABL from Lloyds TSB Commercial Finance offers the opportunity to find the most suitable funding solution to suit your business both now and in the future.

Lloyds TSB Commercial Finance, part of the Lloyds TSB Group, is

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Lloyds TSB Commercial Finance, part of the Lloyds TSB Group, is the UK market leader in asset based lending. For over 40 years we have offered businesses the flexibility that comes with asset based financing. Lloyds TSB Commercial Finance currently provide funding to over 14,000 UK businesses of all sizes.

To find out more about how Lloyds TSB Commercial Finance is able to help your business with factoring, invoice discounting, hire purchase, leasing, payroll services, or asset based lending, click on the product link below.

Factoring
Factoring improves business cash flow by releasing money against unpaid sales invoices. Lloyds TSB Commercial Finance advance up to 90% of the invoice value within 24 hours after you raised the invoice. The remaining balance is made available when your customer settles the outstanding invoice. The service is especially suited to new starts, growing businesses and those with insufficient security to gain more traditional lending. Flexible credit management is built into the agreement with statements and reminder notices issued to reduce the administrative burden on the business. Assistance with telephone credit control can be provided if required.

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Invoice Discounting
Similar to factoring, invoice discounting provides funds to your business by releasing money against unpaid sales invoices. Up to 90% of the invoice value is advanced within 24 hours of an invoice being raised. The remaining balance is made available when your customer settles the outstanding invoice. Unlike factoring, this facility is provided confidentially, so your customers remain unaware of your financing arrangements. Lloyds TSB Commercial Finance can release additional funds against stock, plant and machinery, land and buildings. Funding of transactions such as mergers, acquisitions, MBO's and MBI's may well require the additional headroom. Solutions can be tailored to meet specific needs of businesses with sales in excess of £250,000.

Get an online quote

Hire Purchase and Leasing
Hire purchase and leasing can be used to fund new and used cars, coaches, buses, light commercial and heavy goods vehicles, plant and machinery, fork lift trucks, yellow plant, construction, plant hire, office and computer equipment. Lloyds TSB Commercial Finance can fund the capital investment programmes of businesses in markets as diverse as road freight, public transport, construction, plant hire, printing, engineering and business services.

Payroll Services
CashFriday, a specialist division of Lloyds TSB Commercial Finance, provides funding, payroll and credit control to temporary recruitment agencies throughout the UK. The service is useful for new start and growing temporary recruitment agencies. Payroll processing reduces the administrative burden placed on agencies, while 100% funding of the wages bill allows agencies to grow. CashFriday is the market leader in providing funding and payroll services to the UK temp recruitment sector.

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Added on Mar 25, 2008

by Colin Bruce

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Key Contacts

- - Ted Ettershank
  - Managing Director
  - Send a message
  - 01295 272 272
- Ted Ettershank has worked in the invoice finance industry for over 36 years. It took him just seven years to reach the level of MD where he has remained ever since. Today he is the Managing Director of one of the market leaders in the industry.
  With this business for 38 years.
- - Ian Lomas
  - Commercial Director
  - Send a message
  - 01295 272 272
- As commercial director, Ian's remit is to ensure that LTSBCF offers the most flexible, adaptive and best priced range of asset based lending products on the market. LTSBCF will not be beaten on price.
  With this business for 10 years.
- - Ian Byers
  - Corporate Development Director
  - Send a message
  - 01295 272 272
- Ian heads the marketing activities at LTSBCF which, within the factoring industry, is widely regarded as the preeminent brand, leading the way in the marketing of asset based lending products.
  With this business for 12 years.

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Latest Reviews See all reviews

Appalling service levels
(not recommended) by Rob Cane in Slough on Sep 23, 2008

Pros The cashconnect system is very easy to use. invoices can be put on easily, and a number of generic reports can be raised qui... read more
Cons Service levels are absoutely shocking. On at least 4 occassions within 6 months Lloyds have been asked to address something ... read more
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Decisions on a whim
(not recommended) by Ou C in London on Jun 5, 2008

Pros The automated parts of the service is very good. There isn't a problem with inputting your invoices, receiving your money and... read more
Cons Customer services is attrocious. The customer contact is haphazard. We don't know what contact is being made with our cus... read more
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A very agile company
(recommended) by Adam P in London on Mar 30, 2008

Pros I've worked with the team at LTSBCF for nearly 4 years now, and considering the size of the organisation, i'm often surprised... read more
Cons Occasionally one or two of the other lenders out there in the market may be a little quicker or creative with a solution for ... read more
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