Improve employee retention in the company through BPI Employee Loan Program. It is a package specially designed by BPI Family Savings Bank (BFB) to develop and offer employee wellness programs through company assisted loans. Through this program, a company eliminates significant start-up work for an in-house loan program as the management raise the employee morale, productivity and loyalty.
Employees are assured of getting preferential and competitive rates, higher borrowing limits and 24/7 loan balance inquiry through BPI Online Banking.
To help employees achieve their goals faster, BPI offers:
- Allows greater involvement of the company by way of guaranteeing the loans.
- BFB evaluates loan applications based on the merit of the company.
- Automatic acceptance of employees endorsed by company.
- Lower rates as compared to non-guaranteed arrangement.
- Financed amount based on company endorsement.
- Company acts as collecting agent.
- Security/collateral – Continuing suretyship of the company.
- Company refers/endorses employee to bank.
- BFB evaluates loan applications based on sole merit of employee.
- Rates may be lower than bank’s counter rate.
- Security/collateral is property being financed by bank.
BPI can help improve employee loyalty, productivity and retention rate by outsourcing employee benefit program to us. Avail of BPI’s group plans so that the company can focus on other important business needs.
To know more about how BPI can be of service to you, feel free to set an appointment or contact BPI Family Savings Bank at:
BPI FAMILY SAVINGS BANK