Top-notch Salary Advance was launched in response to the need for QUICK, SHORT-TERM, and AFFORDABLE funds for employees to meet occasional emergency expenses. As a complementary product to our payroll management service, Top-notch Salary Advances are offered to Participating Employers to enable them to free up their working capital locked up in staff IOUs, for income generating activities.
We partner with employers who offer this as a voluntary employment benefit to their staff and agree to deduct the monthly repayments from payroll. With this collaboration, we are able to limit our risk and lend at competitive rates, thereby passing on the savings to the employees who need the money.
For many employees, it means the peace of mind that comes with meeting unplanned financial obligations such as RENT ADVANCE, SCHOOL FEES, MEDICAL EXPENSES, CAR REPAIRS, and FUNERAL COSTS