What are the requirements for a Salary Advance Loan?

What are the requirements for a Salary Advance Loan?

Eligible employees should be included in the employee list uploaded by the AR in the system. Once your name is included in the list and your account is activated you are now able to apply for the 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
    • What are the requirements for the loan?

      Employees do not need to submit any requirements for the loan. The employer needs to subscribe to SweldoNa and upload the necessary documents such as: BIR Certificate of Registration (2303) SEC Regitration Certificate Notarized Secretary’s ...
    • 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 ...
    • 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 ...