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 readLast updated: January 20, 2026
Published by Global Banking & Finance Review®
Posted on December 28, 2025
1 min readLast updated: January 20, 2026
Lloyds Banking Group plans to shut its invoice factoring service by the end of the year, according to the Financial Times. The report cites two anonymous sources.
(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)
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