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Payroll loan for private company employees in Brazil

Payroll loan for private company employees in Brazil

Our payroll loan is the best HR benefit that a company can offer to their employees. We can undercut the average interest rate paid by private company employees in Brazil to 30% of what the average client is currently paying for regular loans. We partner with companies thru their HR department to be able to offer secured payroll loans to their employees. After the partnership is signed we access the HR payroll software to extract all the employee's history and data. After that, the employees are able to access our web app and apply for a loan. All the process is done thru the app, even the contract signature. If the employee passes our credit analysis we deposit the money into their bank account in one hour!! That's 3 days less than a regular bank can do with the same product! The payment is deducted from the employee paycheck and sent to us directly by the employer. We are a balance sheet lender, so we control the interest and approval rates and keep the profit!!

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Co-Founder @Creditoo • Worked at @Loanbase • Co-Founder @3C PLUS • Investor @Creditoo • Investor @3C PLUS