We are currently updating our offerings and website. While we update our offerings and website, we are unable to process new loan requests.

Why Collaborate With WorkPlaceCredit® to Provide Loans For Your Workers?

We offer a new way of borrowing


WorkPlaceCredit employer loans provide fast loans when your employees need it.


The loan platform provides long-term installment loans to meet your employees financial needs. Please note a 4% origination fee will be charged with each installment loan2.

Alternative to Payday Loans

An alternative to payday loans that gives your employees fast cash with low cost loan terms.

Employees Financial Health

The loan platform also provides counseling to improve your employees’ financial health.

Employer Loan Platform


WorkPlaceCredit® works with employers to offer a loan platform that provides:


  • Emergency Loans
  • Installment Loans2
  • Fast Cash
  • Holiday Loans
  • Consolidation Loans


We provide low-cost, fast loans to your employees as part of your benefits. This will drive employee satisfaction and financial stability.


Our loan programs are fast and easy to set up. Likewise, employers are not responsible for the repayment.


Your company sees the benefit of stability in your workers, all while not taking the risks of lending. It’s a win-win!



Employer-sponsored personal loans


Get started in 3 steps:
  1. We work with you to create awareness about your new loan program.
  2. Begin an easy to set up pilot. This will ensure seamless loan disbursement and payroll deduction.
  3. Seamless onboarding through payroll systems integration. Aside from setting up the payroll deduction, the employer is free from managing the process.


The employer is not liable for employee repayment.


WorkPlaceCredit® complies with Equal Credit Opportunity Act (ECOA), Truth in Lending Act (TILA), Patriot Act and all other applicable CFPB, Federal and State requirements for lending.


Our processes and platform have the highest standards of data security and integrity.


When setting up your program, think of this data:


Those who suffer from financial stress are more likely to say their health is poor.

According to Forbes, this kind of stress can affect physical health, resulting in higher healthcare costs.



  • This stress also hurts an employee’s ability to get things done when they are at work. 34% of Gen X, 16% of baby boomers and 37% of millennials say they are distracted by their finances at work, according to a PricewaterhouseCoopers survey. The PwC report also notes that nearly half of employees spend more than three hours per week distracted by finances. This means that even when your employees are at work, they aren’t working at full capacity.


  • new survey by Salary Finance, found that 48% of employees are worried about money. Those worries cost the employee about a month of productivity per year. These employees are also 2.2 times more likely to seek a job elsewhere. The lost productivity, with high turnover costs and other things related to poor financial wellness account for, on average, 11% to 14% of an employer’s payroll expense.


Employer-sponsored loan can reduce worker stress
Some takeaways from the above data:


  • The financial health of the employee has an impact on the workplace.
  • Employees with better financial health can be more effective in the workplace.


We offer a simple way for your employees to obtain a loan with fair terms and rates. Likewise, we aim to lower the financial stress of employees.


We also offer financial counseling to borrowers in partnership with KOFE (Knowledge of Financial Education) at no cost to the employee or the employer.


Loan Eligibility Criteria


  • Age 18+
  • Full time with the employer for 12 months
  • U.S. bank account – Loan proceeds will be sent to the employees account via ACH (Automated Clearing House)
  • Easy, automatic repayment through payroll deduction3.

For example, if you borrow $2,000 at an APR of 20.99% and make bi-weekly payments over 2 years, you will make 52 bi-weekly payments of $47.25.

Follow our Financial Wellness Blog!


  1. A $500 Emergency loan of $500 at 22.55% APR, you will make 11 bi-weekly payments over 5 months of $48.18. Your actual payment will vary based on the payment frequency and term of your loan offer.
  2. Here is an example of the specific rates and fees that would apply to your loan with WorkPlaceCredit®: If you are requesting a loan of $3000, an origination fee of $120 (4%) will be added to your loan amount. The total amount of your loan would be $3120 which is financed at an interest rate of 20.99% and 25.18% APR. Should your chosen time frame for repayment be two years, your payments of $73.71 would be scheduled over 52 bi-weekly installments over the next 2 years.
  3. Not a condition for loan approval.

We are having temporary interruption of service. We apologize for any inconvenience.

Find your employer

Select Your Employer
Which state employee are you
Loan Option

Personal information