Meet the lender – Lee McDonnell, Team Factors

We caught up with Lee McDonnell, senior sales manager at Team Factors, to discuss the latest trends in invoice finance, the evolving lending landscape and his advice for businesses seeking funding. With years of industry experience, Lee shares his insights on securing the right facility, navigating market changes and what drives him in his work.

What trends are you currently seeing in the invoice finance market?

We’re seeing more businesses entering the market and searching for new funding facilities. Many are looking to reduce costs and gain greater flexibility on credit limits.

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

I’d advise businesses exploring finance for the first time to factor the cost of funding into their pricing where possible. This helps manage margins and ensures long-term sustainability.

Do you foresee the lending landscape changing in the next few years, and if so, how will this impact finance?

Change is inevitable and I believe technology will play a key role in shaping the market. Digital processes and automation could make access to finance faster and more efficient.

What motivates you personally in your work as a lender?

I’m driven by the ability to add real value to clients. Providing invoice finance that helps businesses grow while giving them peace of mind knowing funds are available is incredibly rewarding.

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

I’ve been working with Stef and Evolve for around six years. It’s been a pleasure and Stef’s background on the funder side always helps smooth the process early on in a deal.

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

My first job was on a fruit and veg stall at age 11. I guess I was always destined for sales…

Anything else you’d like to add?

Team Factors is a growing invoice finance provider offering funding facilities from new startups up to £1M, backed by an excellent customer service rating.