Credicorp
Cash-flow lending for recruitment and staffing agencies
Recruitment and staffing agencies pay temporary and contract workers weekly, yet the end-clients who use them settle on 30 to 60 day terms — a structural payroll gap that widens with every placement you make. Credicorp funds that gap for UK incorporated recruitment and staffing businesses — no personal guarantee, decisions most working days.
See your repayments take shape
For planning only — not a quote.
Interest 0.25% per day on the outstanding principal + one £5 establishment fee. Total cost capped at 100% of what you borrow.
- You borrow
- £200.00
- Interest
- £15.00
- Establishment fee
- £5.00
- Total to repay
- £220.00
- Per week (approx.)
- £51.33
| Payment | Due | Amount |
|---|
Downloads a branded PDF of this quote. The quote is an illustration, not an offer.
4.6 / 5 on Trustpilot · 300 reviews
No personal guarantee — the company borrows, not you
Same-day funding on approval
Recognise any of these?
If so, a Credicorp short-term business loan could help you bridge that gap.
- Temp and contract workers needing paying weekly while clients settle monthly or later
- Winning a larger assignment that needs more workers on payroll before any invoice clears
- A key client stretching payment terms and leaving the next payroll run exposed
- Onboarding, compliance and advertising costs to front before a placement starts billing
Which product fits?
Credicorp Flex Recommended for this sector
Agency payroll repeats every week against client invoices that arrive a month or more later, so a revolving facility fits better than a single advance. Credicorp Flex gives a limit of £50–£500 you can draw against to make a payroll run, repay as each client invoice settles, and redraw for the next week — no reapplying. When the need is genuinely one-off, a fixed-term loan over 14–84 days is the simpler alternative.
• Revolving limit of £50–£500
• Draw, repay, redraw — without reapplying
• Same-day limit approval; instant draws thereafter
• Total cost capped at 100% of what you draw
• No personal guarantee
Credicorp Loan — one-off advance
A single, fixed-term loan of £50–£500 over 14–84 days, if your need is a one-off rather than recurring.
Credicorp Slice — split a single bill
When the need is one specific bill — a single large advertising, job-board or background-checking invoice — Credicorp Slice spreads that one bill over 3 or 4 weekly instalments at a flat 6% fee, with no interest compounding.
• Bills of £50–£2,000
• Flat 6% fee — no compounding
• 3 or 4 weekly instalments by Direct Debit
• Settle early and we refund the unused fee pro rata
Pick the borrowing that fits your business
Tell us what you need and roughly how much. We’ll point you to the right product — a steer, not a quote or a lending decision.
See the cost for your sector
A typical recruitment staffing business might borrow £450.00 over 28 days. Adjust the sliders to match your own scenario.
Total cost has been capped at 100% of the amount borrowed.
This matches your needs? Start your application
Borrowing is expensive relative to bank lending. Only borrow if the cost is less than the gap it closes. Total cost capped at 100% of principal — you will never repay more than double. There is no personal guarantee; lending is to the company.
Business Loan
Total cost has been capped at 100% of the amount borrowed.
Who can apply?
- UK limited company or LLP (body-corporate lending only — not sole traders)
- 6+ months trading
- Current UK business bank account
- Director identity check (you, not the company, as the company's authorised representative)
- No personal guarantee required — the obligation is the company's
Guides for your business
Business insurance: what a UK micro-business actually needs
Public liability, employers' liability, professional indemnity, cyber, key person — what is legally required, what is genuinely useful, and what is over-sold.
Investments for a UK director — the basics, honestly
A first-principles guide to investing surplus money — for directors who want a sensible plan rather than a stock-tip spreadsheet.
UK startup funding guide for founders — no jargon
A startup funding guide for UK founders: grants, loans, equity, bootstrapping — the funding ladder for a micro-business, with honest pros and cons for each step.
Common questions
Can a recruitment or staffing agency apply for a Credicorp business loan?
Yes. Credicorp lends to UK incorporated limited companies and LLPs running recruitment and staffing agencies — permanent, temp and contract placements across sectors. Placement volume and specialism are not pricing factors.
Do companies in this sector need to provide a personal guarantee?
No. All Credicorp lending is to the company — the UK limited company or LLP — as the sole obligor. There is no personal guarantee and no personal credit search on any director or shareholder.
How quickly can a company in this sector get a lending decision from Credicorp?
Applications are reviewed as they arrive during business hours. Credicorp aims to make a credit decision the same working day in most cases. Once approved, funds typically reach your company account the same day.
Lending for other sectors
Ready when your company is
A 5-minute application. AI decision in minutes, confirmed by a real underwriter. Same-day funding on approval. No personal guarantee.