Is it possible to obtain loans to employees from the employer or a company loan in an interest-free or reduced rate paycheck?
Loan to employee by the employer: is it possible to have it and preferably at zero rate? The answer is positive although under certain conditions and in any case always with your consent! What we are talking about is the so-called corporate loan to employee paid by the employer. How does it work? Even before seeing how it works, it is good to ask ourselves: is our employer obliged to provide us with a loan? Absolutely not! For him it is something optional! Then, in the hypothesis in which it grants it, is it possible to disburse it at zero rate? This last question is also positive: of course, a company loan in the pay packet can also be disbursed without interest. Therefore, given that the institutional task of our employer is not to provide loans to its employees, the loans granted by the employer are, from a regulatory point of view, among the fringe benefits, that is, among the ancillary benefits to remuneration therefore, although they are accessory, are considered by law anyway as a form of remuneration but taxed in a privileged way or reduced if compared with the loans granted by banks and financial companies.
Interest-free loan from the employer
what are the chances of getting it? A: it depends on your employer but also on the current historical period (2019) which sees particularly low rates especially in a mortgage. However, in most cases the funding provided by the employer is not so much at zero rate (these are few) but rather at a reduced or subsidized rate. This conclusion is accentuated by the fact that, as stated above, the loan granted by the employer to the employee has a subsidized tax regime which can be consulted on a loan granted by the employer and on the basis of which, in general, one ends up paying the 50% less tax over the sum of 258.23 USD. How to get employee loans from the employer in practice ? The most effective way to apply for a corporate loan is to apply for it through specific forms that the company usually prepares, especially if it is a large company that prepares many payslips.
Letter of loan request to the employer: where to find it if the company you work for does not have one? In this case, the network helps us, within which there are various free downloadable modules and among which we have chosen to suggest a facsimile loan request to the employer that adapts a little to all employers downloadable by letter of loan request to employer.
Using the form just indicated, it is possible to apply for a company loan in an interest-free paycheck or at a subsidized rate by filling in the fields of the facsimile and then forwarding the request to your employer.