In the autumn of 1784 he entered with an exhibition the Presbyterian academy, then at Swansea, under Solomon Harries (1726–1785), who was succeeded in 1785 by Josiah Rees and Thomas Lloyd, a first cousin.
Through Joshua Toulmin he was put in charge of a General Baptist congregation at Ditchling, Sussex, and went there after visiting London in May 1790.
At Ditchling he received adult baptism, but refused imposition of hands, then usual among General Baptists; he also again declined ordination.
His first pupil was John Kenrick, who described the school as held in a "large ancient house near Palace Gate".
[2] Lloyd next turned farmer (1799) on the small estate of Coed-lannau-vawr, Cardiganshire, probably his through his brother Richard, who died on 27 September 1797, aged 37.
The chance to act as colleague in the congregation that had been his father's was closed to him, as David Davis, opposed the election of a Socinian and Baptist; by this time, however, Lloyd had rejected the rite of baptism in any form, as an institution confined to the apostolic age.
He died on a visit to relatives near Lampeter, Cardiganshire, on 23 May 1829, aged 62, and was buried at Llanwenog; there was a marble tablet to his memory placed in the church.
He published:[1] Lloyd, as a Greek scholar, controverted some of the positions of John Jones, with whom he is said to have played cards and quarrelled every evening.