Travel Loans

Travel Loans

With the increasing cost of public transport, many employers are looking for ways to make transport more affordable for their employees.

Our Travel Loan Scheme offers your employees a way of spreading the cost of commuting to work using a company arranged loan that is free from interest and Benefit in Kind (BIK). The scheme is flexible and you can choose to set a maximum loan amount and the number of months employees take to pay it back.

We’ll provide you with:

  • Full administration including enrolment, marketing and compliance
  • HMRC compliant documentation
  • Flexible scheme rules
  • Dedicated employee support including telephone enrolment
  • HR administration tools and management information