Emergency Loans for Employees
Available only at NorthCountry
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Inexpensive employee benefit
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Help employees build credit
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Fast funds when your employees need them
Many online lenders prey on people with financial challenges. No one wants to see a valued employee saddled with a "payday loan" carrying interest charges up to 400%. In response, NorthCountry offers the Income Advance Program, which provides low-cost loans for workers. Here's how it works:
Reach out to us for information about offering this low-cost, judgement-free, meaningful benefit to your workforce.
- Employer pays a nominal annual fee
- Employees receive automatically approved cash advances up to $1,500
- Money can be used for emergency expenses including car repairs, home repairs, and unexpected travel, but a stated reason is not required
- Counseling is provided to employees on how to avoid future financial emergencies
- Loans are repaid through automatic payroll deduction each pay period
- The borrower pays no fee for the service
Reach out to us for information about offering this low-cost, judgement-free, meaningful benefit to your workforce.
“Our employees have given positive feedback about their experience with the Income Advance program and have been thankful to have the assistance when needed. The program is part of our financial wellness program at Howard Center. Our EAP and retirement vendors offer proactive education and other financial tools and Income Advance eases stress by offering loans when other options aren’t available. NorthCountry has been a great partner that consistently delivers exceptional customer service to us as an employer and to our staff.” --Kacy Van Clief, Benefit and Compensation Specialist, Howard Center
“Our employees have had a consistently positive experience with the Income Advance program through NorthCountry. It’s a quick, low-hassle way to access a meaningful loan amount, with affordable repayment. It’s been a great tool for building credit and supporting real-life needs like car down payments, heating costs, or even vacations. The interest rates are reasonable, making it an accessible and practical option for many on our team.”
--Sydney Lebourveau, HRIS & Benefits Specialist, Darn Tough/Cabot Hosiery Mills
“I can share that quite a few of our employees take advantage of this program, and the administration effort from the employer side is minimal.”--Sarah Oughton, People Center Generalist & Recruiter, Twincraft Skincare
“Westport Hospitality’s Income Advance Loan program with NorthCountry has become an integral part of our benefits program. Team members who have taken advantage of the Income Advance Loan program have had a unique personal reason for needing access to emergency financial support. Regardless of the need - an unexpected car repair, a medical bill, rent, or to bridge the gap between paychecks during a tough time—all have appreciated the access when it was needed the most. Life is unpredictable, and having a resource like our Income Advance Loan program helps to remove some of the financial pressure and worries our team members face.”
--Amy Shea, HR Manager, Westport Hospitality
“I think the first comment that comes to mind is why not? The program is very low cost considering the impact it can have for our employees. Money and unexpected life costs come about all the time, and being able to use the income advance loan program through your job to take care of the unexpected while also helping build credit for your future makes it a great program.”
--Lisa Ashley, People Center Senior Generalist, Twincraft Skincare
“Our employees have had a consistently positive experience with the Income Advance program through NorthCountry. It’s a quick, low-hassle way to access a meaningful loan amount, with affordable repayment. It’s been a great tool for building credit and supporting real-life needs like car down payments, heating costs, or even vacations. The interest rates are reasonable, making it an accessible and practical option for many on our team.”
--Sydney Lebourveau, HRIS & Benefits Specialist, Darn Tough/Cabot Hosiery Mills
“I can share that quite a few of our employees take advantage of this program, and the administration effort from the employer side is minimal.”--Sarah Oughton, People Center Generalist & Recruiter, Twincraft Skincare
“Westport Hospitality’s Income Advance Loan program with NorthCountry has become an integral part of our benefits program. Team members who have taken advantage of the Income Advance Loan program have had a unique personal reason for needing access to emergency financial support. Regardless of the need - an unexpected car repair, a medical bill, rent, or to bridge the gap between paychecks during a tough time—all have appreciated the access when it was needed the most. Life is unpredictable, and having a resource like our Income Advance Loan program helps to remove some of the financial pressure and worries our team members face.”
--Amy Shea, HR Manager, Westport Hospitality
“I think the first comment that comes to mind is why not? The program is very low cost considering the impact it can have for our employees. Money and unexpected life costs come about all the time, and being able to use the income advance loan program through your job to take care of the unexpected while also helping build credit for your future makes it a great program.”
--Lisa Ashley, People Center Senior Generalist, Twincraft Skincare