Swaby's Enterprises Group
SE Advance
SE Advance (SEAD) provides salary advance to employees of selected companies who do not have a loan facility for their staff members. These funds are lent directly through the member companies based on the company's recommendations and are repaid via salary deductions. These are short-term loans for a maximum of $50,000 for a maximum term of one (1) month.
It is difficult for employees to find funds to meet unexpected expenses and as such, SEAD was conceptualized to meet the ever increasing demand for loans by the working class individuals.
Mission Statement
Our mission is to provide employees of our member companies with short-term financing to meet their personal financial needs. We are dedicated to serving the employees of our member companies in an efficeint and professional manner while enhancing their quality of life through providing credit in a timely and easily accessible manner.
Member Companies
> SE Group
Application Forms
Salary Advance Loans
It's happened to just about every employee; an emergency comes up and they need a quick loan until their next payday. SE Advance offers a Salary Advance loan program designed for companies who wish to provide an addtional benefit to their employees to meet these unforseen emergencies. The program includes a convenient loan administered by you through our company.
Each time a loan advance is processed, a five percent processing fee is invested on behalf of your company to provide future benefits to your staff members in anyway you see fit.
Salary Advance Loan Specifications
> Maximum loan amount - $50,000
> Maximum loan term - One month
> Processing fees - 5%
> Finance charge - 20%
> Repeat loans are processed immediately after repayment of previous loan.
> Applicant must be an employee of one of our approved member company.
> Applicant must be recommended by employer
> Loans are repaid directly from Salary