Lloyds pulls invoice factoring for SMEs, tightening cash‑flow options heading into 2026
NEW YORK, December 30, 2025, 11:32 ET Lloyds Banking Group (LLOY.L) plans to close its invoice factoring service for small and medium-sized businesses by the end of 2025, the Financial Times reported, citing two people familiar with the matter. The timing matters because factoring is a day-to-day cash tool for smaller firms, letting them turn unpaid invoices into money they can use immediately. A year-end shutdown would force some businesses to line up alternatives for 2026. The move also signals a wider retreat by major UK lenders from labour-intensive working-capital products, as banks focus on steadier returns from mortgages and
