Meet the lender – Tom Adamson, Lloyds Banking Group

Understanding the current lending market can be tricky for many businesses, especially when they need to access finance for the first time. We caught up with Tom Adamson from Lloyds Banking Group to discuss market trends, how businesses can prepare for funding and what makes Lloyds’ offerings stand out.

What trends are you currently seeing in the market?

The collapse of ISG has led to a sharp rise in construction funding enquiries. Many businesses are now seeking contingency funding to make sure they can meet contract demands if needed. There’s also been a steady increase in transaction-related funding requests – before and after the budget – with firms using their debtor books to help cover the upfront cost of purchases.

What advice would you give to businesses seeking financing for the first time?

The market is full of lenders and finance products, which can feel overwhelming. Working with a trusted broker, like Evolve, can make this process much easier. They can help you explore your options and find a funding solution that fits your business needs.

Do you foresee the lending market changing in the next few years? How will this impact finance?

Digitisation and AI are already changing how lending works, making processes faster and more efficient. In invoice finance, this means quicker access to funds and stronger risk controls. This progress will support SMEs manage cash flow and grow their businesses.

What motivates you personally in your work as a lender?

I’m motivated by the opportunity to build strong relationships with business owners and stakeholders. I take pride in offering the right funding solutions and seeing businesses grow and succeed with our support.

How long have you been working with Evolve Business Finance, and how has the partnership benefited your business?

I’ve known Stef for ten years – we worked together at Aldermore when I first entered the invoice finance space. Stef’s experience is vital when guiding shared prospects through onboarding and helping them secure the right funding.

Can you share something about yourself that people might be surprised to learn?

Maybe not a surprise, but I am a massive Leeds fan. Season ticket holder for my sins!!

Did you know Lloyds Invoice Finance offers construction finance facilities?

Lloyds is the only tier 1 lender offering invoice finance for construction firms, supported by a dedicated construction client management team. We can provide funding at different stages, including applications for payment, payment certificates, and staged invoicing.