Recruitment Funding Solutions Review
Recruitment Funding Solutions (RFS) is a Chester-based firm that funds recruitment agencies only. It says it takes start-up agencies, asks for no personal guarantees and has no minimum trading level. Its factoring product can pay up to 100% of an invoice within 24 hours and covers you if your client does not pay within the agreed credit terms. It does not publish its fees.
What this page covers
This page covers
Recruitment Funding Solutions products, start-up acceptance, what it publishes and what it does not
Not covered here
General invoice finance education (see /guides/), non-recruitment sectors (see /industries/), the full provider directory (see /providers/)
Key Facts
Source: RFS's home page, about page and RFS Protect page, read 14 October 2026.
What RFS offers
- RFS Protect (factoring). RFS pays up to 100% of the invoice value within 24 hours, chases your clients and covers you if a client does not pay within the agreed credit terms. It also runs invoicing and payroll for your temps and contractors.
- RFS Evolve (invoice funding). The turnover stays in your agency's name and you keep your own branding. RFS still provides credit control and bad debt protection within agreed credit terms.
- RFS Perm Advance. Part of a permanent placement fee is paid as soon as you invoice. You get the rest when your client pays. It is subject to credit approval.
- RFS Build and RFS Academix. Versions for construction and education recruitment agencies.
Source: RFS's RFS Protect, RFS Evolve and RFS Perm Advance pages, read 14 October 2026. RFS does not say what share of a perm fee it advances.
Who it suits
RFS suits an agency that places temps or contractors and pays them weekly while its clients take weeks to pay. It says RFS Protect suits start-up agencies as well as agencies of any size, which matters because a new agency has little trading history to show a lender.
It does not fund other kinds of business. If you run a staffing business alongside other trades, a general lender may fit better.
Other lenders to compare
These lenders publish some of their terms. RFS publishes no fees, so get a written quote from it and set it beside quotes from others.
| Lender | Published minimum turnover | Paid up front | Source |
|---|---|---|---|
| Sonovate | No minimum | Up to 100% | sonovate.com |
| Ultimate Finance | None published | Up to 95% | ultimatefinance.co.uk |
| Bibby Financial Services | None published | Up to 85% | bibbyfinancialservices.com |
| Close Brothers Invoice Finance | £750k | Up to 90% | closeinvoice.co.uk |
Figures as published on each lender's own website, checked 14 October 2026. None of these lenders publishes its fees.
Questions to ask RFS
- What will I pay in total each month, including any fee for bad debt protection and payroll?
- How much of each invoice will you pay at the start, and how much of a perm fee?
- What notice do I need to give to leave, and is there an exit fee?
- What counts as "agreed credit terms" for the bad debt cover?
Our verdict
RFS is worth a quote if you run a recruitment agency, and more so if you are new and other lenders want trading history you do not yet have. It publishes no prices, so compare its written quote with at least one other lender before you sign.
Official site: Recruitment Funding Solutions
Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd
Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind Market Invoice. He spent over three years as managing director of Penny, a UK invoice finance business, and his career runs through insurance, mortgages, commercial finance and fintech lending. He writes the Market Invoice library.
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