Corporate Salary Loan Philippines
Our Corporate Salary Loan Product is designed to provide your employees with a reliable and convenient financing solution when they need it most.
Salary Loan for Private Employees Philippines
Our Corporate Salary Loan Product is designed to provide your employees with a reliable and convenient financing solution when they need it most.
What is a Corporate Salary Loan?
A Corporate Salary Loan is a financial product designed to provide employees of a company with quick and convenient financing. Unlike traditional loans, the repayments are automatically deducted from the employee’s salary, ensuring a secure and hassle-free process. This type of loan is ideal for covering unexpected expenses, such as medical bills or home repairs, and helps employees manage their finances without causing undue stress.
Introducing ULoan’s Corporate Salary Loan
At ULoan, we understand that financial emergencies can happen at any time. Our Corporate Salary Loan is specifically created to give your employees a reliable and accessible solution when they need it most. We offer a fast and convenient way for employees to get the funds they require to handle immediate financial needs.
Applying for a loan with ULoan is easy and straightforward. Employers can submit the application online, providing basic information and supporting documents. Our dedicated team works quickly to process the application so your employees can access the funds in a timely manner. We are committed to protecting our customers’ privacy, handling all personal and financial information with the utmost confidentiality and in compliance with data protection regulations.
Quick Approval
Employee-Focused
Easy and Accessible
Loan Overview
Loanable Amount
Minimum of PHP 20,000 and maximum loanable amount of 3x worth of the employee’s basic salary
Payment Terms
Minimum of six (6) months and maximum of twenty-four (24) months
Interest Rate
12% per annum add-on rate
Advantages of a Corporate Salary Loan
Our Corporate Salary Loan is designed with your employees’ well-being in mind. Here are some of the key advantages:
Quick Approval: Our efficient process means that loan applications are reviewed and processed promptly, allowing employees to get the funds they need without a long wait.
Employee-Focused: We are committed to helping employees navigate financial challenges and achieve financial wellness by providing reliable and accessible loan options.
Easy and Accessible: The application process is simple and can be completed online, making it convenient for both employers and employees.
Eligibility Requirements
- Permanent employees of the accredited company with tenures of at least one (1) year and are of good moral standing.
- Principal borrower must be able to provide a co-maker
- Casual or contractual employees can be considered for a loan with a loan term 60 days less than end of contract and with a corporate guarantee from the employer
- Employees should not be due for retirement within a period of 5 (five) years