New benefit

Workplace Loans

A simple, affordable way to access credit, repayable through your salary

Summary

Group 1469 (1)

Size: £1,000 - £25,000

Length: 1 - 5 years

Rep. APR: 13.9 - 16.9%¹

No hidden fees

Salary repayments

Financial Wellbeing Toolkit

¹Variable per employer

1 in 5 Wagestream members is paying back a high interest loan*

*High-interest defined as featuring a representative APR of 20-1000%. Analysis via Wagestream Open Banking data.

Better credit options with no liability

Thousands of members are already using Wagestream Loans for life’s milestones. Help your team progress with peace of mind and competitive rates, and no liability to you.

How does it compare?

Example loan of £5,000 over 36 months; data aggregated online, 2025

wagestream w logoimage 79-1brand-logo-white.19854148 1image 81
Rep. APR*13.9%¹22.9%29.7%99.9%
Monthly
repayments		£169£188£202£340
Total
repayments		£6,072£6,763£7,280£12,226
Extra cost vs. Wagestream-£691£1,208£6,154

¹Variable per employer.

*Rep. APR per company websites on 7 Feb 2025 for selected providers frequently used by Wagestream members.  Calculations come from MoneySupermarket calculator. 

Purple button with a white icon representing an app interface displaying financial data.
No admin

Wagestream is the UK’s only workplace loan benefit with automatic reconciliation and deduction, taking work away from your payroll team.

Flexible Pay-Nov-05-2024-02-25-22-4185-PM

Competitive rates

Wagestream boasts highly competitive rates which could save your colleagues hundreds of pounds in interest repayments.

Purple circle with a smiling face icon, symbolizing peace of mind and financial wellness.

No liability

Wagestream Finance Limited is FCA-regulated, provides the credit and takes on 100% of liability, providing a holistic tool for your colleagues at no risk to you.

“It feels like a weight has been lifted from my shoulders.  I feel more in control of my money - honestly, it's brilliant.”

- Wagestream Loans member 

“It put me back in control of my money, a godsend!”

- Wagestream Loans member 

“Wagestream has been tremendously helpful to me to manage my finances. The loan will help me stabilise financially”

- Wagestream Loans member 

Wagestream Finance Limited is a company registered in England and Wales (No. 12227891) at 7-9 Rathbone Street W1T 1LY, authorised and regulated by the Financial Conduct Authority for consumer lending (FRN: 915914) and for the provision of payment services (FRN: 916866) under the Payment Services Regulations 2017.