Benefi provides employee financial stability to your business.
We help workers avoid high-interest debt traps by providing responsible, affordable loans for their financial emergencies.
The best part? Our service is 100% free.
Many employees are forced to take on high-interest credit card or payday loan debt when they need money. The more high-interest debt they take on, the harder it is for them to get out of debt.
We’re the first free Canadian employee financial stability platform that helps businesses like yours empower their workforce to get out and stay out of debt. Benefi provides affordable loans for employees to consolidate their debts.
Standard credit card cash advance rate
The payday loan rate for almost all of Canada
Standard credit card purchase rate
Standard instalment loan rate.
Benefi loans can save employees thousands of dollars in interest charges a year. An employee that consolidates their debts with Benefi could see the equivalent of a 1-6% post-tax income raise!
Benefi is an inclusive platform, providing affordable loans to Canadians from all backgrounds.
Racialized Canadians and Indigenous Peoples face discrimination that prevents them from having access to loans or being hampered with high-interest fees.
Benefi solves all this by providing everyone with the money they need, when they need it –regardless of their race, gender or sexual identity.
More sick days were taken by employees with poor financial health. 1
of Canadians feel overwhelmed by their debt 2
The number of employees who have lost sleep because of financial worries. 3
of people aged 24-40 with salaries over $100,000 live paycheck to paycheck. 4
more likely to be distracted at work if they are under financial stress. 5
You may be thinking, “What’s the catch?”
There isn’t any.
Your business is not responsible for any loans your employees have with us.
But, you still get all the benefits of a happier, more productive, and less financially stressed workforce.
of reclaimed productivity per employee per year. 1
Of total salary cost saved each year. 2
more employee engagement and presenteeism. 3
Getting started with Benefi is easy. Just drop us a line, answer a few questions, and we’ll take care of the rest.
Your company can be up and running with us sooner than you think.