Salary Loans
A short term employee loan extended to meet any immediate need for cash.
A short term employee loan extended to meet any immediate need for cash.
A short term commercial loan, usually 90 days, extended to companies who need temporary cash assistance.
FIFC accredits corporate employers to qualify them to the CaaS® system. Each employer is provided a secure web-based backend. Employers shall upload a list of qualified employee-borrowers to the CaaS® based on parameters agreed upon. The employer shall issue an announcement to its employees of the launch of the CaaS® system for their company. Employees can visit their company website or FIFC's website to check if they have been qualified to borrow.
To apply for an FIFC loan, the employee can visit their own company's website and click the link to the CaaS® portal. The steps for the CaaS® process are as follows:
FICC's CaaS® is an exclusive service to FICC accredited companies. Contact FICC to know more about accreditation.