Satago’s services will no longer be available through Lloyds Bank and its subsidiaries.
Lloyds Banking Group has announced the termination of its five-year partnership with invoice financing provider Satago. The decision was made following a strategic review of the bank’s lending portfolio.
Effective Date
The termination will take effect on [date]. After this date, Satago’s services will no longer be available through Lloyds Bank, Halifax, Bank of Scotland, and MBNA.
Alternative Financing Options
Lloyds Banking Group remains committed to supporting businesses with their financing needs. The bank offers a range of alternative financing options, including traditional loans, overdrafts, and asset finance.
Businesses that have been using Satago’s services should contact their Lloyds Banking Group relationship manager to discuss alternative financing solutions.
More Information
Kind regards
N. Bauer
