No matter what industry, employees are at the core of well-run businesses. It is for this reason that companies have taken on a partnership with Quick Loans Online (QLO).
Quick Loans Online or QLO, is a loan facility under MRACC Credit Corp. Launched by MFT Group of Companies, this venture has enabled partner companies to give their employees access to quick, hassle-free salary loans through immediate access to cash to address urgent financial needs.
A partnership with QLO is a win-win situation for employers and employees as QLO shoulders the loan expenses, making it almost cost free for employers while their employees can enjoy more freedom and flexibility with their finances.
Among companies that have partnered with QLO is Palafox Associates, a multi-disciplinary firm with teams consisting of more than a hundred architects, urban planners, environmental planners, interior designers, engineers, consultants, and other professionals.
“Circumstances, when employees have sudden cash requirements, can occur anytime, especially during these times. Through QLO, we offer our employees another kind of protection. They don’t have to worry about loan access when they need it. We believe this can have a positive impact on their welfare and satisfaction,” says Ms. Rubiliza Mendoza, General Manager of Palafox
QLO’s partner companies need not worry about allocating more money for employee loans. These loans are fully funded by QLO and are payable through the convenience of salary deduction.
Partnering with QLO has also proven to be hassle-free. From the process of signing up as a partner company, the quickness and almost 100 percent approval rate of employee loans, to the easy monitoring of these employee loans, QLO has focused its efforts on their seamless and no-fuss processes.
With QLO, there is no paperwork necessary. Employees can easily apply for a loan online through a mobile application. Employers also reduce time used to monitor their employees and the loans within their company.
QLO has a number of loan offerings that present the employees with different payment terms ranging from 3 to 12 months.
Through QLO’s loan offerings, partner companies can provide a boost to the employees’ morale as the employees are given more flexibility to better manage their finances especially when emergencies arise.
For companies as well as employees looking to refer their respective companies for the program, write an email to info@qlo.com.ph to get more details and information on how QLO can aid the needs of the company.
