For Employers
We make processing of your employees' loan applications convenient for you as AGK Clover Lending takes on much of the work involved.
Contact us and be accredited in no time.
Accreditation Requirements you would need to prepare:
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SEC General Information Sheet (latest filed)
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SEC or DTI Certificate of Registration
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Audited Financial Statement (latest 3 years)
Online Application
No more paper processing for your HR as our salary loan application can be done by your employees online
Cash-flow Protection
No need to divert much needed cash from your core operations as we will handle the funding of and risk on the salary loans
Flexible Process
We adjust to your preferred process: you can submit an omnibus employee data file for faster loan verifications or allow us to confirm each loan application with your HR as they come
Flexible Payments
We adjust to your preferred payment schedule: monthly payments may be remitted to us either bi-weekly or once a month, depending on what is more convenient for you
With Salary Loan, Help Your Employees...
...handle emergencies
Employees need immediate access to funds during time of calamity such as hospitalization, sudden death in the family, and other emergencies.
get out of the debt sinkhole
Most employees resort to expensive debt from credit cards at 3.5% a month and loan sharks at 20% a month. Salary loans allow them to pay off these debts with more affordable payments.
go with the season
Expenses are seasonal, not constant, throughout the year. Employees can use salary loans to help through the heavy months while paying these off on light months.