Salary Check-off Loans
Ease up your company cash flow and deploy it in revenue generating activities; in the meantime, allow us to cater to your employees emergency credit and salary advance requirements. This is a non-cash benefit to your staff that allows them up to 60% access of their salaries at incomparable interest rates. The downside of not having a salary advance credit facility for employees is that, it exposes them to ‘informal lenders’ who are known to charge exorbitant interest rates, leaving the employee in a vicious cycle of debt. Consequently, employee productivity dips.
Signed Memorandum Of Understanding (MOU) between TCL and the company
Employees copy of IDs
Employees signed letters of irrevocable authority and stamped by the company.
Certified schedule from the Company showing staff net salary.