Lillis said: "I'm looking forward to working with him - he'll be the quickest outlet of all our strikers - he knows the division and got close to winning promotion."
Speaking after his first day's training at Morecambe, Howe said: "I know I've still got two more years at Peterborough when I go back and only a year here and I want to settle down.
"But sometimes things happen for a reason and maybe this is a good opportunity for me to take and prove I can do the business.
"If you're playing and you're doing well it can do things for you whether you're on loan or not - if people want you they want you."
Howe also revealed his personal target for the new campaign: "At the start of any season if you're an honest striker you say I'd like 10 goals, but I'm thinking if I can play in every game, I'm thinking 15 goals or more."