FINANCE OPTIONS

^Growth Guarantee Scheme for Recruitment Agencies Apply Now

Q: How much can I borrow under the Growth Guarantee Scheme?

Recruitment agencies can borrow between £25,000 and £1 million, depending on their creditworthiness and the type of loan. Eligibility and asset value also play critical roles in the determined amount.

Q: How quickly can I get a decision on my application?

Initial decisions can be reached in as little as 1 to 4 weeks, with funds potentially available within a week post-approval, given all documentation is complete and accurate.

Q: What are the typical interest rates available?

Interest rates vary from 5% to 15% APR depending on the financing type and risk profile. Additional fees like arrangement fees may apply, impacting the effective rate.

Q: What are the eligibility requirements for the Growth Guarantee Scheme?

To qualify, agencies need to be UK-based, operational for at least 12 months, with stable revenue streams. Compliance with credit checks and preparing detailed financial documentation are necessary steps.

The Growth Guarantee Scheme is a UK government-backed initiative designed to support recruitment agencies. This program offers loan guarantees that enable lenders to provide necessary expansion financing to SMEs, including recruitment agencies, helping them hire more staff, invest in software, and expand office space, thereby stimulating business growth in the recruitment sector.

Business loans

Secure up to £500,000 in Business loans with Funding Agent.

Quick and easy application process
Loan disbursed within 24 hours
No additional charges for early repayment

Apply Now

What are the ^benefits of Growth Guarantee Scheme for Recruitment Agencies?

Among the key benefits of the Growth Guarantee Scheme is enhanced access to financing options, reducing lending risk for banks and fostering job creation. By ensuring financing up to £500,000 with decision times as fast as 2 to 4 weeks, the program significantly eases the path to expansion for eligible recruitment agencies.

Increased client retention

Improved recruitment processes

Enhanced agency credibility

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of Growth Guarantee Scheme for Recruitment Agencies?

Term Loans under Growth Guarantee

With Term Loans, UK-based recruitment agencies can borrow between £25,000 and £500,000. Eligibility requires a stable revenue stream and at least 12 months in operation. Loan terms extend from 12 to 60 months.

Term Loans under Growth Guarantee

Term loans offer borrowing amounts up to £500,000 with interest rates ranging from 6% to 15% APR. The loans can be pivotal for expanding office space or investing in recruitment software. Decision times average 2 to 4 weeks, with funds available soon after approval.

Invoice Financing with Guarantee Support

Invoice financing allows recruitment agencies immediate access to cash tied up in unpaid invoices. This service covers up to 90% of the invoice value and is ideal for managing payroll.

Invoice Financing with Guarantee Support

For invoice financing, agencies can secure up to 90% of the invoiced amount quickly, with decision times as short as 72 hours. Monthly interest rates are competitive, from 1.5% to 3%, allowing businesses to manage immediate financial obligations efficiently.

Asset-Based Lending (ABL) with Guarantee

Asset-based lending is suitable for agencies owning significant assets. Loans can range from £50,000 to £1 million, based on asset value.

Asset-Based Lending (ABL) with Guarantee

Asset-based lending provides between £50,000 and £1 million with interest rates from 5% to 12% APR. Eligible agencies can finance new equipment or technology upgrades, helping them innovate and grow.

What is the Growth Guarantee Scheme for Recruitment Agencies?

The Application Process Simplified

Applicants must prepare a comprehensive business plan and financial statements, undergoing credit checks and due diligence. The approval process typically takes 1 to 4 weeks. Our funding application process guides agencies through every step.

Regulatory Compliance and Standards

Lenders must comply with FCA standards, and recruitment agencies should meet UK financial reporting requirements. Understanding and navigating these regulations is crucial, a service we expertly provide accommodation for.

Determining Borrowing Capacity

Borrowing amounts are influenced by business creditworthiness and revenue stability. With loans available up to £1 million, competitive rates can be secured by agencies demonstrating robust business performance.

Get Funding For your business

Generate offers

FAQ’S

How much can I borrow under the Growth Guarantee Scheme?

How quickly can I get a decision on my application?

What are the typical interest rates available?

What are the eligibility requirements for the Growth Guarantee Scheme?

DIVE DEEPER

June 9, 2025

We Like To Keep Things Simple

Match with

150+

Lenders

Loans from

£1000
to
£500K

Find all our resources

^Growth Guarantee Scheme for Recruitment Agencies Apply Now

What are the ^benefits of Growth Guarantee Scheme for Recruitment Agencies?

SCALE YOUR BUSINESS TO NEW HEIGHTS

What are the different types of Growth Guarantee Scheme for Recruitment Agencies?

Term Loans under Growth Guarantee

Term Loans under Growth Guarantee

Invoice Financing with Guarantee Support

Invoice Financing with Guarantee Support

Asset-Based Lending (ABL) with Guarantee

Asset-Based Lending (ABL) with Guarantee