Alternatives to Allianz Trade

4 UK invoice finance alternatives to Allianz Trade, compared on advance rate, setup speed, transparency, minimum turnover and best-fit.

The leading UK invoice finance alternatives to Allianz Trade are Bibby Financial Services, Close Brothers Invoice Finance, Aldermore Invoice Finance and HSBC Invoice Finance, compared here on advance rate, setup speed, minimum turnover and rating. More detail + scope

Summary

Allianz Trade is benchmarked against 4 UK invoice finance alternatives: Bibby Financial Services, Close Brothers Invoice Finance, Aldermore Invoice Finance and HSBC Invoice Finance. Each is compared on product type, minimum turnover, advance rate, typical rate, setup speed and overall rating, so you can see which fits your turnover and how fast you need funding. MarketInvoice then matches you to the best-fit provider.

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UK invoice finance alternatives to Allianz Trade, compared on product type, minimum turnover, advance rate, typical rate, setup speed and rating

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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

Allianz Trade compared with 4 alternatives, last reviewed 2026-05-27
Allianz Trade Bibby Financial Services Close Brothers Invoice Finance Aldermore Invoice Finance HSBC Invoice Finance
Product Trade credit insurance and bad debt protectionInvoice finance (factoring, CID, ABL)Invoice finance (CID, factoring, ABL)Invoice finance (Receivables Finance, factoring, CID)Invoice finance (CID, factoring), trade finance integration
Cluster independentindependentindependentindependenthigh-street
Min turnover Varies by policy£100k£500k£250k£500k
Advance rate N/A (insurance, not advance against ledger)Up to 90%Up to 90%Up to 90%Up to 90%
Typical rate Premium as a percentage of insured turnover0.5% to 3% service charge plus discount marginFrom 0.5% service charge1% to 2.5% service charge0.7% to 1.5% service charge
Setup speed Policy underwriting, typically 1 to 3 weeks5 working days5 working days7 working days10 to 15 working days
Rating 4.24.44.54.24.0

Bibby Financial Services

5 working days · Up to 90%

The largest UK independent invoice finance provider by volume, family-owned, 40+ years in market. Strong on sector breadth (construction, recruitment, manufacturing, wholesale) and SME accessibility. Setup typically 5 wo

Best for: Construction subcontractors, Recruitment agencies.

Close Brothers Invoice Finance

5 working days · Up to 90%

UK merchant banking heritage with 0.5% headline service charge, undercutting most banks and most independents. Strong on transparency, dated published criteria, FCA regulated. Best fit for £500k+ turnover trading busines

Best for: £500k+ turnover Ltd companies, Confidential discounting use cases.

Aldermore Invoice Finance

7 working days · Up to 90%

Challenger bank with a dedicated invoice finance arm, relaunched as Receivables Finance in 2025 with Growth Guarantee Scheme accreditation. Mid-cost mid-speed mainstream choice. Bibby acquired Aldermore Working Capital F

Best for: £250k-£5m turnover Ltd companies, Cross-product banking relationship seekers.

HSBC Invoice Finance

10 to 15 working days · Up to 90%

Global high street bank with strong trade finance integration. Targets £500k+ turnover with confidential discounting plus selective factoring. Multi-currency advance and letters of credit integrated. Setup 10-15 days. SM

Best for: Exporters with multi-currency receivables, £500k+ turnover banking customers.

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Oliver Mackman

Director, Market Invoice

Oliver leads Market Invoice's editorial and comparison research. With a background in UK commercial finance, he oversees provider analysis, rate verification, and industry reporting across all verticals.

Last reviewed: 27 May 2026