How does BeneMoney work?

BeneMoney is a voluntary benefit program offered by employers that allows employees to access small dollar or large dollar loans. In order to confirm your eligibility for a loan, BeneMoney considers your employment information. Depending on the day (and time) of your approval, the money may be available as soon as the next business day.

In order to be eligible for a loan, 

1. Your employer must be signed up for BeneMoney
2. Employee is actively employed and meets the minimum tenure requirements
3. Employee has active Social Security Number (SSN) or Individual Tax Identification Number (ITIN)
4. Employee is at least 18 years of age

If you would like more information on how to provide your employer with information about BeneMoney, click here.