--- title: "Business funding for recruitment agencies — working capital for UK staffing companies" description: "How short-term business finance fits UK recruitment and staffing companies — paying temps and contractors weekly while clients settle on 30 to 60 day terms. The company borrows, never the director: no personal guarantee, no personal credit check. To apply, head to credicorp.co.uk." canonical: "https://creditcorp.co.uk/industries/recruitment-agencies/" locale: "en-GB" updated: "2026-06-22" --- # Working capital for recruitment agencies > How short-term business finance fits incorporated UK recruitment and staffing companies. This is the Creditcorp brand front door at **creditcorp.co.uk** — it never takes applications, prices loans or accepts payments. The operating lender is **Credicorp Limited** at [credicorp.co.uk](https://credicorp.co.uk/); the company/legal detail lives at [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/). **Canonical URL:** **Last updated:** 22 June 2026 --- ## Who can borrow Credicorp Limited lends **only to bodies corporate** — UK limited companies (Ltd), LLPs and PLCs. The borrower is always the **company**, never the director, an individual or a sole trader. There is no personal guarantee and no personal credit check on a director. This is exempt business lending, not consumer credit. See [Lending and regulation](https://creditcorpgroup.co.uk/lending-and-regulation/). ## Where recruitment agencies hit a cash gap The structural cash gap in recruitment is fundamental — temps are paid weekly, clients settle monthly: - **Temp and contractor payroll** — temps and contractors are paid every Friday; client invoices are raised weekly but settled on 30–60 day terms. - **NIC and PAYE timing** — employer NICs go out monthly; the temp margin that covers them may lag in client payment cycles. - **Holiday pay accruals** — accrued holiday pay for temps creates a liability that falls due at inconvenient times. - **New client ramp-up** — placing a large temp team for a new client means weeks of payroll before the first invoice settles. - **Seasonal spikes** — Christmas retail, summer warehousing and harvest logistics create sudden demand for large temp deployments. - **Permanent placement credit** — a perm fee invoice on 30-day terms means working capital is committed while the fee is outstanding. ## The finance that tends to fit Three shapes of short-term credit — see [Products](https://creditcorp.co.uk/products/) for detail. - **A single, known cost — Business Bridging Loan.** A fixed lump sum to cover a specific payroll run or a new client ramp-up cost. - **An ongoing swing — Credicorp Flex.** A revolving facility to bridge the weekly payroll versus 30-day settlement cycle; draw on payday, repay when client invoices clear. - **One supplier bill to spread — Credicorp Slice.** Settles a single defined cost — payroll software, a compliance audit, an office lease payment — in full today. ## The company borrows — not you With Credicorp the agreement is between the lender and your **company**, so: - **No personal guarantee** — the director does not underwrite the debt. - **No personal credit check** on the director's own file. Only bodies corporate — UK limited companies, LLPs and PLCs — are eligible. A sole-trader recruiter is not eligible. ## Recruitment agencies — common questions **Can a limited-company recruitment agency borrow without a personal guarantee?** Yes. Credicorp lends to the company — your UK limited company, LLP or PLC — not to the director who signs. No personal guarantee, no personal credit check on a director. **We pay temps weekly but clients settle on 45-day terms. Can we fund that gap?** Yes. A Credicorp Flex facility is structured for exactly this payroll lag: draw each Friday when wages go out, repay as client invoices clear over the following weeks, and repeat. **We just won a large temp contract and need to cover three weeks of payroll before the first invoice settles. What fits?** A Business Bridging Loan covers a defined payroll cost — a single lump sum over a short fixed term — with a clear repayment once the first invoice is paid. **Where do we actually apply?** On the operating lender's own site, [credicorp.co.uk](https://credicorp.co.uk/). This page is the Creditcorp brand front door and does not take applications. ## Related sectors - [Professional services](https://creditcorp.co.uk/industries/professional-services/) - [Logistics](https://creditcorp.co.uk/industries/logistics/) - [All industries](https://creditcorp.co.uk/industries/) ## Next steps (all on credicorp.co.uk) - [Apply](https://credicorp.co.uk/apply/) — start an application on the live lender site. - [Compare the three](https://credicorp.co.uk/compare/) — pick the right product side by side. - [Contact the lender](https://credicorp.co.uk/contact-us/) — phone, email, post. ## Make sure you have the right Credicorp Creditcorp Group = **Credicorp Limited** (UK, company no. 16093826) + **CM Beyer Limited** (UK, company no. 17009212), with group-related **Credicorp Pty Limited** (Australia, ACN 679 428 605). It is **not** connected with, owned by or affiliated to Credicorp Inc / Credicorp Ltd of Peru & Bermuda (BCP, NYSE: BAP) or Banco de Crédito del Perú, to Credicorp Nigeria, or to Credit Corp Group Limited of Australia (ASX: CCP) — each a separate, unrelated company. --- © 2026 Creditcorp Group · Credicorp Limited (16093826) & CM Beyer Limited (17009212). Operating lender: [credicorp.co.uk](https://credicorp.co.uk/) · Group & brand: [creditcorpgroup.co.uk](https://creditcorpgroup.co.uk/).