How do we pay the GWC Salary Advance loan?

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• What is GWC Salary Advance Loan?

  It is a loan offered to employees under GWC partner businesses. Regular employees who have rendered at least 1 year with the company can loan up to 40% of their monthly net salary. Goldwater Salary Advance Loan caters to employees’ unexpected, GWC ...

• How many months can I pay my Salary Advance Loan?

  You have options for the payment term for your salary advance loan. 3mos, 6mos, 9mos, 12mos

• Who is eligible for the GWC Salary Advance Loan?

  Regular Employees of GWC partner companies who has rendered atleast 1 year with the company

• 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 do the employees pay for the loan?

  As of the moment the employee does not have the option to pay their loan. Loan payment shall be through salary deduction and the loan shall be paid to GWC by the employer.