FINANCE OPTIONS

^Get Your £1m Recruitment Agency Loan Today

Q: What size loan can a recruitment agency typically access?

For secured term lending, typical amounts are roughly £150,000 up to £2,000,000, so a £1m recruitment agency loan can be possible for the right case. Lenders assess serviceability and security value, alongside trading stability, client concentration, debtor or WIP quality, overall leverage, and how credible the plan for the loan purpose is.

Q: How long does a £1m secured term loan decision take?

Secured underwriting for SMEs is commonly measured in weeks rather than days. For many secured term loan cases, decisions are often around 2 to 6 weeks. Turnaround and working-capital term loans can take longer, often 3 to 8 weeks, because lenders review causes of strain and the recovery approach in more detail.

Q: What rate range should I expect for a secured £1m facility?

For secured SME term lending, a realistic pricing range is roughly 6% to 14.5% per annum. The final rate depends on factors such as leverage, security type and value, trading performance and cash-flow cover, client concentration volatility, and the chosen repayment term and interest structure.

Q: Which secured loan types could suit a recruitment agency?

Common subtypes include a secured term loan (bank-style), an asset-financed secured term loan (mixed security), and a secured turnaround/working-capital term loan. Each varies by how security is evidenced and the lender’s focus. If you need the finance mainly for refinance or expansion, bank-style secured term lending is often relevant. If you are funding recovery, a turnaround working-capital structure is more likely to match the lender’s underwriting approach.

A £1m recruitment agency loan is typically a senior secured business loan, meaning a fixed-term borrowing facility where the lender takes security, often through charges over business assets and sometimes specific security such as property or vehicles. Recruitment agencies choose this kind of finance to stabilise operations and repayment planning, because the loan is generally repaid on an agreed schedule from operating cash flow. It is also commonly used to refinance expensive debt, support headcount and growth, and smooth cash flow during onboarding and invoice timing gaps. For the right agency, security-backed lending can make larger funding more achievable.

Business Loans

Secure up to £1,000,000 in Business Loans with Funding Agent.

Fastest and easiest application process
Dedicated support
Loan disbursed within 24 hours
No additional charges for early repayment

Apply Now

^Benefits of a senior secured £1m facility

For recruitment agencies, the value of a £1m senior secured business loan is not just scale. Lenders assess affordability alongside security, and the structure is designed for predictable repayment. This can help you plan payroll, technology, and expansion with a clearer link to operating cash flow, while also offering routes to refinance multiple facilities into one.

Structured monthly repayments

Larger facility with security

Refinance and consolidate

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of secured £1m loans for recruitment agencies

Secured term loan (bank-style)

Often used for refinance, expansion and equipment plans, this senior secured term loan is commonly available where the agency can evidence affordability and provide acceptable security coverage.

Secured term loan (bank-style)

A secured term loan (bank-style) typically requires trading history, acceptable credit history, and either positive net cash generation or credible cash-flow forecasts. For recruitment agencies, lenders usually pay attention to client concentration, average placement lifecycle, and the debtor or WIP profile. Typical amounts are roughly £250,000 to £2,000,000, with £1m feasible for established agencies that show resilience and serviceability. Terms commonly run 36 to 84 months, and decisions often take around 2 to 6 weeks for many secured SME cases.

Asset-financed secured term loan (mixed security)

This option ties part of the structure to tangible assets, which can suit agencies investing in IT, vehicles or equipment while still needing a clear repayment plan.

Asset-financed secured term loan (mixed security)

An asset-financed secured term loan (mixed security) focuses on identifiable assets and evidence you can meet repayments. Lenders also look at debtor and credit-control performance and whether agency income is supported by enforceable client terms and reliable billing. Typical amounts are approximately £150,000 to £1,500,000, with £1m within common maximums when security value and affordability align. Terms often range from 24 to 72 months, and decisions are typically 2 to 5 weeks when asset documentation and accounts are straightforward.

Secured turnaround/working-capital term loan

When cash flow pressure is temporary, a turnaround working-capital term loan can fund recovery actions while you work back to sustainable trading.

Secured turnaround/working-capital term loan

A secured turnaround/working-capital term loan is designed for recruitment agencies facing cash-flow strain, such as client delays, higher cancellations, or working-capital pressure from invoice timing. Lenders usually request more detailed cash-flow evidence, a management actions plan, and a credible route back to sustainable serviceability. Typical amounts are about £200,000 to £1,200,000, with £1m possible where there is credible improvement and adequate security or strong downside coverage. Terms commonly run 24 to 60 months, and decisions may take 3 to 8 weeks because of the deeper review of causes and the cure plan.

Typical Funding Journeys on Funding Agent

Submit your funding request

Our platform enriches your application using business data

Your request is matched to suitable lenders

Receive offers and proceed with the best option

How Funding Agent helps you secure a £1m-class loan

Share your loan needs

Tell us the funding amount (around £1m), why you need finance, and what you plan to do with the funds, such as refinancing, growth hires, or managing timing gaps between costs and client receipts.

Provide key financial details

Upload recent accounts and management information, plus details on trading history, debtor and collection patterns, and any security you can offer. For turnaround use cases, a cash-flow recovery view is especially important.

Get lender options and submit

Funding Agent matches you to suitable secured lenders, helps refine the submission, and coordinates next steps so you can reach lender underwriting and a decision. Timings often depend on how quickly complete information and documentation are provided.