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Employee Loans

Introducing the only employee loan that’s ‘Better than interest-free’

Employee loans can be a scary place to navigate, with hidden fees, unexpectedly high interest which can damage credit scores. We don’t want to become a further cause of stress for employees, in fact Each Person is a solution to help employees overcome their financial difficulties. We enable employers to do more for their people’s financial stress in the workplace. A stressed employee means mental health struggles leading to sick days and unproductive work-home life balance.

Introducing The Only Employee Loan That’s ‘Better Than Interest-Free’

Employee loans can be a scary place to navigate, with hidden fees, unexpectedly high interest which can damage credit scores. We don’t want to become a further cause of stress for employees, in fact Each Person is a solution to help employees overcome their financial difficulties.

We enable employers to do more for their people’s financial stress in the workplace. A stressed employee means mental health struggles leading to sick days and unproductive work-home life balance.

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Give Your People A Financial Cushion Against Unexpected Costs

Give Your People A Financial Cushion Against Unexpected Costs

We offer a solution to help your people feel like their being looked after financially and emotionally so they work harder, smarter and stick around for longer. When it comes to helping your people tackle money worries there’s no universal fit for every employee but we believe in making your employees lives less taxing. “89% of larger UK businesses are impacted by the poor employee financial wellbeing”

Cash Crisis:

17 million UK adults have less than £100 in the bank with many in major debt (2019), a fact made worse by Covid

Poor Choices:

Payday lenders become necessary when unplanned costs are incurred, causing your people to pay huge charges to borrow money.

Business Impact:

Employee’s financial wellbeing costs UK employers £15.2bn each year due to factors such as absenteeism, leavers, and lack of productivity the stress causes

How Can We Help?

Our solution is the only employee loan where the cost is ‘better-than-interest free’. In fact, your people are financially better off borrowing this way due to the cashback they receive outweighing the low interest rate charged typically by 100%.

This is offered to selected UK employers at no charge.

Put simply your people can borrow money, earn cashback and savings which are higher than the cost of borrowing

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How Do Employee Loans Work?

We offer loans of up to £5000 with interest of up to 10%. Our goal is to minimise the impact of personal financial strain on your people’s lives.

Money in

Borrowing: £1,000

Cashback: £100

Total In: £1,100

Money Out

Monthly Interest: £5

Mothly Repayment: £88

Total Out: £1,060

*we only allow loans to be given out to an employee who has worked for your company for 6 months or longer.
The only employee loan that’s better than interest free.
The smart way to borrow money.

Noticing Someone Needs Help

Noticing Someone Needs Help

“Three quarters (77%) of employees say that money worries impact them at work” Direct struggling employees to helplines such as Mind, The Samaritans and Anxiety UK. We want our Wellbeing Hub to be a safe place for your people. Be the best employer you can be.