Finance

Lloyds to shut invoice factoring unit by year's end, FT reports

Published by Global Banking & Finance Review

Posted on December 28, 2025

1 min read

· Last updated: January 20, 2026

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Lloyds to shut invoice factoring unit by year's end, FT reports
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(Corrects headline to cut redundant words) Dec 28 (Reuters) - Lloyds Banking Group, Britain's biggest mortgage lender, will close its invoice factoring service by the end of the year, the Financial

Lloyds to End Invoice Factoring Service by Year's End

(Corrects headline to cut redundant words)

Dec 28 (Reuters) - Lloyds Banking Group, Britain's biggest mortgage lender, will close its invoice factoring service by the end of the year, the Financial Times reported on Sunday, citing two people familiar with the matter. 

Reuters could not immediately verify the report. 

(Reporting by Mihika Sharma in Bengaluru; Editing by William Mallard)

Key Takeaways

  • Lloyds Banking Group will close its invoice factoring unit.
  • Closure expected by the end of the year.
  • Financial Times reported the news citing insiders.
  • Lloyds is Britain's biggest mortgage lender.
  • Reuters has not independently verified the report.

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