0% Interest-Free Loans
Empowering Our VElera Employees to Experience Financial Well-Being
Interest-Free Loans
100% of the Impact Loan helps employees in financial need.
Zero Fees
An Impact Loan is an interest-free loan. It helps to bridge cash flow and pay emergency expenses without accruing extra fees or increasing high-interest debt.
Extended Payback Schedule
With an Impact Loan, repayment takes place over 10 months. It is set up to be automatically debited from the participant’s bank account on the day of their choosing and does not incur interest.
Savings Incentive
Once loan participants pay back their loan in full, they may be eligible to earn a Savings Incentive bonus equal to 10% of their original loan amount. This is to help employees build their own emergency savings fund.
Calculate SAVINGS
How Much Can Be Saved With An Impact Loan?
Estimate what someone would pay for a loan with poor credit versus great credit and how much could be saved with these Impact Loans.
Changing Lives One Family at a Time
What Our Impacted Employees Say
When our rent went up, we could no longer afford after-school child care. My husband and I both work, and we were still struggling to make ends meet. This [Impact Loan] really helped us when we needed it most.
The Community Impact Fund took so much stress and worry off my shoulders and helped me get my health back on track. Compared to other places that provide support and help, this one feels the most impactful. It is the most reliable and I’m glad there is an actual person behind the screen helping.