Your employer is unlikely to be regulated to provide loans to consumers. Lenders should be registered with the Financial Conduct Authority. If your employer is partnered with Salad, we can provide you with a loan and then collect repayments via Salary Deduction.
More than your score™
Loans for key workers who we recognise should be defined by more than just their credit scores
Employer Sponsored Representative Example
This is for employees that are partnered with Salad Money.
Loan repayable over 18 Months
£1000.00
17 Months at
£70.30
Final payment
£68.13
Rate of interest
30.33%
Representative
34.9% APR
Total amount repayable
£1263.23
Direct Representative Example
This is for employees of organisations not currently partnered with Salad Money.
Loan repayable over 18 Months
£1000.00
17 Months at
£83.84
Final payment
£79.31
Rate of interest
54.19%
Representative
69.9% APR
Total amount repayable
£1504.59
Here's what our customers say about us
How It Works
Choose
Choose your loan using the loan builder on the home page. Once you’ve chosen your options click the apply now button.
Create
Create your account by filling in the required forms.
Provide
Provide Salad Money access to your Open Banking data, this enables us to utilise our secure Open Banking process – the equivalent of a providing us a digital bank statement.
Wait
Wait for Salad Money to decide on your loan application, this will take one working day. If approved the money will be in your account within 24 hours.
Keep up to date on the latest news, financial tips and insights from Salad Money.
August 15,2022
9 Steps To Ask For a Raise and Get It!
Hard work should always pay off. As employees ourselves, we know how much effort you put in to give your company your best.
Read More about 9 Steps To Ask For a Raise and Get It!
August 09,2022
4 Mistakes To Avoid During a Recession
An economic recession has the potential to drastically impact the well-being of a large majority of the world’s population for the worse.
Read More about 4 Mistakes To Avoid During a Recession
August 01,2022
What is Financial Literacy and Why Is It So Important?
Financial literacy is a concept that has only gained major popularity in the past few decades. As the world becomes more digitally focused and connected, we don’t really need the middlemen...
Read More about What is Financial Literacy and Why Is It So Important?
People often ask...
When you apply for a Salad Money loan we will carry out an affordability check, using the information we collect securely (with your permission) from your bank. Not your credit score.
Open Banking is the system that enables Salad Money to make our affordability assessments. You’ll never be asked to give your login details to anyone except your bank. We use the data to decide if you can afford our loans, and to measure customer outcomes.
If you have any further questions, please contact us or visit our FAQs page