Cebuana Lhuillier and fintech company Advance have teamed up to launch a new service called Cebuana Lhuillier Advance. This service provides a convenient solution for both employers and employees facing financial stress through an easy-to-use mobile app.
Employers can subscribe to Cebuana Lhuillier Advance, and their employees can download and register on the app allowing them to access a portion of their salaries as a revolving line of credit whenever they need it, 24/7. The app offers instant disbursement, fast approval, paperless transactions, account management, customer support, and flexible value-added services at fair charges.
While the app provides employees with financial support, Cebuana Lhuillier Advance gives employers insights into usage, including anonymized reports and insights from models. Businesses can monitor loan utilization and reasons for availing of advances.
“We at Cebuana Lhuillier have always been about providing Filipinos excellent products that address their financial needs. Cebuana Lhuillier Advance is one great way to assist them,” according to Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier.
With just a few taps on their phones, employees can take out a loan whenever needed. Cebuana Lhuillier Advance is the ultimate solution to financial stress and offers convenience, reliability, and ease of use.
“We are elated to join forces with the undisputed leader in the microfinance industry. With Cebuana Lhuillier Advance, we are certain that many companies and their employees will benefit,” said James de los Angeles, Advance CEO and Co-Founder.
The Cebuana Lhuillier Advance App is the go-to tool for employees to request advances and receive funds conveniently. Whether for daily expenses or emergencies, the app’s innovative technology makes it easy to access financial support.