Can I apply for a loan even if I have an existing loan?

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• I’m interested in renewing my loan but I have an existing loan. Do I need to pay my existing loan in full?

  Yes, for SweldoNa Salary Advance loan, you need to pay any existing loan before you can apply for another loan.

• How to apply for a Salary Advance Loan?

  Once you have successfully set up your account just click on the “Apply Now” button that you can see on your GWC account dashboard. Fill out the loan application page and choose the details that apply to you: -Amount -Payment term -Purpose of Loan ...

• Can I pre-terminate my loan?

  Loan pre-termination is not allowed with GWC SweldoNa. Loan pre-termination is only allowed if the employee's contact is terminated for whatever reason. Pre-termination fees shall apply. 5% of the remaining principal amount (only applies to employees ...

• What loan can the company apply for?

  There are three available options for your company. Business Expansion Loan SweldoNa Salary Advance Loan for your employees PaymentNow Receivalble Financing (PO Funding) PaymentNow Equipment Financing

• Who can apply for a Salary Advance Loan?

  Regular Employee of a GWC partner company who has rendered at least 6 months with the company is eligible to avail the loan. At least 21 years old, and must not be more than 60 years old upon loan maturity An employee of SweldoNa-accredited companies ...