^£950k Recruitment Agency Loan – Apply for Funding Today

An unsecured term loan for a recruitment agency generally depends on credit and affordability, rather than collateral. Typical amounts are roughly £100k to £750k, so a £950k request may sit at the upper end and could require a stronger credit profile or a structured approach. Terms are commonly 24 to 60 months, and interest rates are often quoted as fixed or variable over the period, with a typical market band broadly 7% to 14% per annum. Decision times are commonly around 1 to 3 weeks initially, with completion depending on how quickly documentation is provided.

A secured term loan can be a fit for larger growth requirements, including around £950k, where lenders have stronger visibility over risk. Typical amounts are approximately £250k to £2.5m+, and terms are often 36 to 84 months. Interest rates vary by risk and security value, with a realistic UK range broadly 5% to 12% per annum. Decision time can be around 2 to 6 weeks to complete, since security documentation, valuation or charge processes can add time. You will still need to show credible forward projections and a plan that does not strain liquidity.

An asset-backed term loan may suit recruitment agencies where cash generation is driven by an invoicing pattern and lender confidence improves when collateral eligibility is clear. Typical amounts are roughly £150k to £2m+, with terms commonly 24 to 60 months (sometimes up to 72 months depending on structure). Interest can be priced with a rate plus a margin linked to collateral performance, broadly 6% to 13% per annum equivalent. Decision times are often 2 to 5 weeks because lenders need to assess collateral documentation and eligibility before finalising terms.