diff --git a/Directory.Build.props b/Directory.Build.props
index a7bace06..a7563b69 100644
--- a/Directory.Build.props
+++ b/Directory.Build.props
@@ -1,5 +1,5 @@
 <Project>
     <PropertyGroup>
-        <Version>4.13.1</Version>
+        <Version>4.14.0</Version>
     </PropertyGroup>
 </Project>
diff --git a/src/CheckoutSdk/LogProvider.cs b/src/CheckoutSdk/LogProvider.cs
index 43ae3ca6..47f0082c 100644
--- a/src/CheckoutSdk/LogProvider.cs
+++ b/src/CheckoutSdk/LogProvider.cs
@@ -2,23 +2,42 @@
 using Microsoft.Extensions.Logging;
 using Microsoft.Extensions.Logging.Abstractions;
 using System;
+using System.Collections.Concurrent;
 
 namespace Checkout
 {
-   
     public static class LogProvider
     {
+        private static readonly object SyncRoot = new object();
         private static ILoggerFactory _loggerFactory = new LoggerFactory();
+        private static readonly ConcurrentDictionary<Type, ILogger> Loggers = new ConcurrentDictionary<Type, ILogger>();
 
         public static void SetLogFactory(ILoggerFactory factory)
         {
-            _loggerFactory?.Dispose();
-            _loggerFactory = factory ?? new LoggerFactory();
+            lock (SyncRoot)
+            {
+                _loggerFactory?.Dispose();
+                _loggerFactory = factory ?? new LoggerFactory();
+                Loggers.Clear();
+            }
         }
 
         public static ILogger GetLogger(Type loggerType)
         {
-            return loggerType is null ? NullLogger.Instance : _loggerFactory.CreateLogger(loggerType) ?? NullLogger.Instance;;
+            if (loggerType == null)
+            {
+                return NullLogger.Instance;
+            }
+
+            return Loggers.GetOrAdd(loggerType, type =>
+            {
+                lock (SyncRoot)
+                {
+                    var name = type.FullName ?? type.Name;
+                    var logger = _loggerFactory.CreateLogger(name);
+                    return logger ?? NullLogger.Instance;
+                }
+            });
         }
     }
 }
diff --git a/test/CheckoutSdkTest/CheckoutSdkIntegrationTest.cs b/test/CheckoutSdkTest/CheckoutSdkIntegrationTest.cs
index 288322ee..a416bbfd 100644
--- a/test/CheckoutSdkTest/CheckoutSdkIntegrationTest.cs
+++ b/test/CheckoutSdkTest/CheckoutSdkIntegrationTest.cs
@@ -72,7 +72,7 @@ private class TestingClientFactory : IHttpClientFactory
             public HttpClient CreateClient()
             {
                 var httpClient = new HttpClient(new CustomMessageHandler());
-                httpClient.Timeout = TimeSpan.FromSeconds(2);
+                httpClient.Timeout = TimeSpan.FromSeconds(60);
                 return httpClient;
             }
         }
diff --git a/test/CheckoutSdkTest/LogProviderTest.cs b/test/CheckoutSdkTest/LogProviderTest.cs
index 8f989f11..ab5d2ccc 100644
--- a/test/CheckoutSdkTest/LogProviderTest.cs
+++ b/test/CheckoutSdkTest/LogProviderTest.cs
@@ -6,9 +6,13 @@
 
 namespace Checkout
 {
+    [Collection("NonParallel")]
     public sealed class LogProviderTests : IDisposable
     {
         private readonly ILoggerFactory _loggerFactory;
+        
+        private static readonly object RandLock = new object();
+        private static readonly Random Random = new Random();
 
         public LogProviderTests()
         {
@@ -25,14 +29,20 @@ public void ShouldGetLoggerReturnsValidLogger()
         public async Task ShouldCreateASingleLoggerInstanceForMultipleConcurrentRequests()
         {
             LogProvider.SetLogFactory(_loggerFactory);
-            Type[] loggerTypes = new[] { typeof(LogProviderTests), typeof(AnotherTestClass), typeof(NoInitializedType) };
+            Type[] loggerTypes = { typeof(LogProviderTests), typeof(AnotherTestClass), typeof(NoInitializedType) };
+
             Task<ILogger>[] createLoggerTasks = Enumerable.Range(1, 50)
                 .Select(async index =>
                 {
-                    int randomDelayMs = new Random().Next(1, 5);
-                    await Task.Delay(randomDelayMs);
+                    int delay;
+                    lock (RandLock)
+                    {
+                        delay = Random.Next(1, 5);
+                    }
+                    await Task.Delay(delay);
                     return await Task.FromResult(LogProvider.GetLogger(loggerTypes[index % loggerTypes.Length]));
                 }).ToArray();
+
             ILogger[] loggers = await Task.WhenAll(createLoggerTasks);
             Assert.Equal(loggerTypes.Length, loggers.Distinct().Count());
         }
@@ -54,6 +64,66 @@ public void ShouldNotThrowExceptionWhenSetLogFactoryWithNullParameter()
         {
             Assert.Null(Record.Exception(() => LogProvider.SetLogFactory(null)));
         }
+        
+        [Fact]
+        public void ShouldReplaceLoggerFactoryCorrectly()
+        {
+            var loggerBefore = LogProvider.GetLogger(typeof(LogProviderTests));
+
+            var newFactory = LoggerFactory.Create(builder => builder.AddFilter(_ => false));
+            LogProvider.SetLogFactory(newFactory);
+
+            var loggerAfter = LogProvider.GetLogger(typeof(LogProviderTests));
+
+            Assert.NotSame(loggerBefore, loggerAfter);
+        }
+        
+        [Fact]
+        public void ShouldClearLoggersWhenFactoryChanges()
+        {
+            LogProvider.SetLogFactory(_loggerFactory);
+            var logger1 = LogProvider.GetLogger(typeof(LogProviderTests));
+
+            var newFactory = new LoggerFactory();
+            LogProvider.SetLogFactory(newFactory);
+            var logger2 = LogProvider.GetLogger(typeof(LogProviderTests));
+
+            Assert.NotSame(logger1, logger2);
+        }
+        
+        [Fact]
+        public void ShouldReturnSameLoggerOnMultipleCalls()
+        {
+            LogProvider.SetLogFactory(_loggerFactory);
+
+            var logger1 = LogProvider.GetLogger(typeof(LogProviderTests));
+            var logger2 = LogProvider.GetLogger(typeof(LogProviderTests));
+
+            Assert.Same(logger1, logger2);
+        }
+        
+        [Fact]
+        public async Task ShouldNotThrowWhenCallingSetLogFactoryConcurrently()
+        {
+            var tasks = Enumerable.Range(0, 10).Select(_ => Task.Run(() =>
+            {
+                LogProvider.SetLogFactory(new LoggerFactory());
+            }));
+
+            var exception = await Record.ExceptionAsync(async () => await Task.WhenAll(tasks));
+
+            Assert.Null(exception);
+        }
+        
+        [Fact]
+        public void ShouldAllowMultipleNullLoggerFactoryAssignments()
+        {
+            LogProvider.SetLogFactory(null);
+            LogProvider.SetLogFactory(null);
+            var logger = LogProvider.GetLogger(typeof(LogProviderTests));
+    
+            Assert.NotNull(logger);
+        }
 
         public void Dispose()
         {