Article 20 October 2022

Access your pay earlier to help with unexpected costs

Access your pay earlier to help with unexpected costs

Struggling to get to pay day? Dealing with unexpected costs? Wouldn’t it be good to get access to some of your pay ahead of payday?

Through Salary Finance you can do just that!

Salary Finance are a financial wellbeing provider that Mitie works with and through its product “Advance,” so that you can get paid when you need it and not just on payday. It lets you access up to 50% of what you’ve earned every pay cycle.

Pay Advance is designed to help you avoid using things such as expensive overdrafts, payday loans and credit cards.

How does it work?

  • You can choose to withdraw 50% of your earned pay before payday
  • The amount you can withdraw is dependent on how much you have currently earned
  • You can make up to 3 withdrawals per pay cycle in addition to your normal payday
  • This isn’t a loan, so there’s no interest, just a flat fee of 99p per Advance

To find out more about the Advance product, take a look at this video.

For more information:

Throughout the month of October, we will be sharing information from Salary Finance including these tips and tools, as well as webinars and videos.

To find out more about Salary Finance and the financial support available to you, visit: mitie.salaryfinance.com or visit the Mitie People [Salary Finance] page.

What do you know about Salary Finance. Take this short survey here

Important: The “Advance” product is not a regulated lending product. This is an option, not a recommendation. Mitie does not benefit from offering this service and all your communications will be with Salary Finance. Loan applications will be assessed to ensure the loan is appropriate and affordable for you. “Learn” content is for guidance and educational purposes only and is generic in nature. Salary Finance does not offer regulated financial advice. Please seek independent financial advice.

© 2022 Salary Finance Limited. All rights reserved. Salary Finance Limited and Salary Finance Loans Limited are authorised and regulated by the Financial Conduct Authority (firm reference numbers: 758053 and 734585). Salary Finance Limited is registered as a small payment institution money remittance firm (firm reference number: 788485). For loan products, Salary Finance Limited acts as credit broker exclusively for associated company Salary Finance Loans Limited. Salary Finance Limited and Salary Finance Loans Limited are registered in England & Wales (company numbers: 09677777 and 07643748) at Scale Space, 58 Wood Lane, London, W12 7RZ. Data Protection Registrations: ZA152606 and ZA099501.