Alternatives to Allianz Trade
The main UK invoice finance alternatives to Allianz Trade are Bibby Financial Services, Close Brothers Invoice Finance, Aldermore Invoice Finance and HSBC Invoice Finance, compared below on product type, minimum turnover, advance rate, typical fee, setup speed and our overall rating.
Pick the alternative that fixes whatever Allianz Trade does not do for you: a lower entry point, faster setup, a higher advance or a different product type. More detail + scope
This page covers
UK invoice finance alternatives to Allianz Trade, compared on product type, minimum turnover, advance rate, typical rate, setup speed and rating
Not covered here
In-depth single-provider reviews (see /providers/), head-to-head comparisons (see /vs/), general invoice finance education (see /guides/)
Allianz Trade vs the 4 alternatives
| Compared on | Allianz Trade | Bibby Financial Services | Close Brothers Invoice Finance | Aldermore Invoice Finance | HSBC Invoice Finance |
|---|---|---|---|---|---|
| Product | Trade credit insurance and bad debt protection | Invoice finance (factoring, CID, ABL) | Invoice finance (CID, factoring, ABL) | Invoice finance (Receivables Finance, factoring, CID) | Invoice finance (CID, factoring), trade finance integration |
| Cluster | independent | independent | independent | independent | high-street |
| Min turnover | Varies by policy | Not published | £750k | £750k | £1m |
| Advance rate | N/A (insurance, not advance against ledger) | Up to 85% | Up to 90% | Up to 90% | Up to 95% |
| Typical rate | Premium as a percentage of insured turnover | Not published (quoted per facility) | Not published (quoted per facility) | Not published (quoted per facility) | Not published (quoted per facility) |
| Setup speed | 1 to 3 weeks (policy underwriting) | 5 working days | 5 working days | A few days to a few weeks | 10 to 15 working days |
| Rating | 4.2 | 4.4 | 4.5 | 4.2 | 4.0 |
Bibby Financial Services
5 working days · Up to 85%Describes itself as one of Europe's largest independent invoice finance providers, funding over 8,500 businesses; part of the family-owned Bibby Line Group and formed in 1982.
Close Brothers Invoice Finance
5 working days · Up to 90%UK merchant banking heritage, FCA regulated, with a published £750k minimum turnover and advances up to 90%. Each agreement is individually priced; no service charge is published.
Aldermore Invoice Finance
A few days to a few weeks · Up to 90%Challenger bank (Aldermore Bank plc) offering invoice discounting, factoring and asset-based lending, with advances up to 90% and a £750,000 minimum turnover. Accredited for the Growth Guarantee Scheme.
HSBC Invoice Finance
10 to 15 working days · Up to 95%Global high street bank with strong trade finance integration. Invoice discounting needs £1m+ actual or projected turnover, with advances up to 95%. Multi-currency advance and letters of credit integrated.
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Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd
Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind Market Invoice. He spent over three years as managing director of Penny, a UK invoice finance business, and his career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library.
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