How can my Employees apply for Loans?

How can my Employees apply for Loans?

To apply for a company loan, your employees will need to clock in to their Employee Self Service portal, then click Loan on the left hand side of the page. 

They will need to click Add Loan Request to pull up the Add Loan Request form.

They need to select the Loan Type, enter the Loan Amount, enter the Loan Term in months, select a Scheme, then click Save. Their loan request will to be sent to the loan approver for approval.

Note: The fields marked with an asterisk are required.

If they would like to add a note to their Loan Request, they can click View>View Notes>Add Note.

They will need to enter their note in the Add Note box and click Leave a Note to send the note to their approver.

They can also view notes from their Approver on this page.

Their approver will receive an email notification of their loan request. If their request is approved, they will receive an email notification.

They will also receive an email notification if their request is rejected.

 

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