Article 3 October 2022 Salary Finance – what is it and how it might be of use to you? At Mitie, we understand that money worries can affect every area of your life. And, with the rising cost of living, money may be a concern for many of you at the moment. We want to ensure our colleagues have access to the tools that can really make a difference. That’s why this October we’re focusing on reminding you of all the financial benefits you have access to through Salary Finance, a financial wellbeing provider that Mitie works with. What you can access through Salary Finance? Loans Salary Finance can offer you access to loans at affordable rates should you need to pay off debts including credit cards and overdrafts, or if you need help for unexpected expenses. You’ll need to have: 12 months serviceAn income of at least £6,000 a yearBe a current UK resident with at least 3 years of UK address history Salary Finance provide personal loans with a higher acceptance than traditional lenders like banks, because repayment is taken via payroll, therefore you’re more likely to be accepted. Even if you have CCJs, have taken payday loans or defaulted in the past, Salary Finance may be able to help. Representative Rate 9.9% APR (fixed). For loans under £5,000, Salary Finance offers a price promise – if you get a better rate they’ll match it. Pay advances Through Salary Finance you can also get your pay when you need it rather than having to wait for payday- this is called Advance. Through Advance you can get access to up to 50% of what you’ve earned every pay cycle, and as it’s not a loan there is no interest that needs to be paid. Advances on your pay are also paid quickly, usually within one working day. Money Insights Salary Finance also has a range of tools, videos, calculators and resources to support you with budgeting and planning. You can also download life guides on topics like buying a home, or managing your money with kids. Take a look at the Salary Finance learn 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. 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.