Allianz Trade vs Touch Financial: UK Invoice Finance Comparison 2026

Allianz Trade edges this one in our 2026 UK review at 4.2 of 5 against 4.0 for Touch Financial. Both are UK independent invoice finance providers, freer than banks on covenants and faster on decisioning. The difference is sector specialism, headline rate and minimum turnover floor. Allianz Trade advances n/a (insurance, not advance against ledger) with setup in policy underwriting, typically 1 to 3 weeks; Touch Financial advances up to 90% (funder dependent) with setup in 3 to 10 working days. Touch Financial still wins where smes wanting one application sent to several funders matters more than the headline score. Read the side-by-side, then check the "when X wins" sections for the buyer-fit logic.

Side-by-side

As of 2026-05-27. Headline rates and advance percentages reflect each provider's published or commonly-offered position; bespoke pricing applies above ~£1m ledger so verify before signing.
Allianz Trade Touch Financial
Cluster independentindependent
Product type Trade credit insurance and bad debt protectionInvoice finance broker (whole-of-market)
Min turnover Varies by policyVaries by funder
Advance rate N/A (insurance, not advance against ledger)Up to 90% (funder dependent)
Typical fee Premium as a percentage of insured turnoverFunder rates; no broker fee to client
Contract / commitment Confidential discountingWhole-ledger or selective
Confidential available? YesYes
Factoring available? NoYes
Setup speed Policy underwriting, typically 1 to 3 weeks3 to 10 working days
Best for Protecting against customer non-payment; Insuring an existing IF ledger; Exporters managing debtor riskSMEs wanting one application sent to several funders; Businesses unsure which lender fits; Comparison-led buyers
Overall rating 4.2 / 54.0 / 5
Last reviewed 2026-05-272026-05-27

When Allianz Trade wins

  • Global leader in trade credit insurance and debtor risk data.
  • Protects against customer insolvency and protracted default.
  • Can be added alongside an existing invoice finance facility.
  • Strengthens funding terms when a ledger is insured.

Best for

Protecting against customer non-payment, Insuring an existing IF ledger, Exporters managing debtor risk.

Watch outs

  • Not invoice finance: it insures debt, it does not advance cash.
  • Provides no working capital on its own.
  • Premiums and underwriting add cost and lead time.

When Touch Financial wins

  • Whole-of-market brokering across a panel of UK invoice finance lenders.
  • No fee charged to the client; commission paid by the funder.
  • Single application routed to multiple providers for comparison.
  • Handles factoring, confidential discounting and selective facilities.

Best for

SMEs wanting one application sent to several funders, Businesses unsure which lender fits, Comparison-led buyers.

Watch outs

  • A broker, not a lender, so it does not set rates or underwrite directly.
  • Final terms and speed depend entirely on the chosen funder.
  • Panel may not include every UK provider.

FAQ

Allianz Trade or Touch Financial: which is the better UK invoice finance provider in 2026?

Allianz Trade scores higher overall in our 2026 review at 4.2 of 5 versus 4.0 for Touch Financial. That headline does not settle the answer though. Allianz Trade is the stronger pick for protecting against customer non-payment; Touch Financial is the stronger pick for smes wanting one application sent to several funders. If your business fits one of those use cases, ignore the rating and pick the right fit.

What are the headline commercials, Allianz Trade vs Touch Financial?

Allianz Trade advances n/a (insurance, not advance against ledger) at premium as a percentage of insured turnover. Touch Financial advances up to 90% (funder dependent) at funder rates; no broker fee to client. Minimum turnover is Varies by policy for Allianz Trade and Varies by funder for Touch Financial. Setup runs policy underwriting, typically 1 to 3 weeks for Allianz Trade and 3 to 10 working days for Touch Financial. Bespoke pricing is common above £1m ledger so verify before signing.

Can I get a confidential facility with either Allianz Trade or Touch Financial?

Allianz Trade offers confidential invoice discounting (your customers are not notified). Touch Financial offers confidential invoice discounting. If your customer relationships make disclosure a non-starter, that determines the answer regardless of headline rate.

Where does each one struggle?

Allianz Trade is the wrong fit for businesses that need cash now. Touch Financial is the wrong fit for businesses wanting a direct lender relationship. If either describes your business, browse the side-by-side or get matched against the wider UK panel via our quote form.

Can Market Invoice help me choose between Allianz Trade and Touch Financial?

Yes. We are an independent UK invoice finance comparison operated by Best Business Loans Ltd (16833937). We are not tied to either provider. Tell us monthly turnover, sector, debtor profile and whether you need the facility confidential. We match you against the UK invoice finance providers most likely to approve at a competitive rate, then stay your editorial reference for life.

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Reviewed by Oliver Mackman, Director. Last reviewed: 2026-05-27. Editorial by Best Business Loans Ltd (16833937).