Salary Finance

Salary Finance partners with employers to offer salary-linked financial products to their employees: personal loans (typically £1,000 to £25,000), a pay advance product, savings tools (including EasySave and a Help to Save scheme option) and financial education. Repayments are usually taken directly from net pay.

Customers are employees of partner employers, including NHS trusts and other large organisations; the company says its services are available at over 600 employers and 4.5 million employees across the UK and US. Revenue comes from employer partnerships that provide these benefits, with loans offered to employees under agreements between the employee and Salary Finance.

The company states it was founded in 2015 and is based in the UK, with investors Legal and General and Blenheim Chalcot. One open role is listed: Employee Communications Manager (16 Month Maternity Cover) in London, Commercial function.

Product: Employer-sponsored salary-linked loans, pay advance, savings products and financial wellbeing education.