Leading alternative consumer lending solution now available to entire PEO client base
New York, NY and Hartford, CT (PRWEB) November 04, 2015
Kashable, an alternative consumer lending program for employees, today announced that OEM America, a leading professional employer organization (PEO), has selected Kashable to provide socially responsible financing to its entire PEO client base, which covers thousands of employees across the US.
Through OEM America’s robust PEO program, SMBs now gain access to Kashable’s innovative approach to financial wellness which extends affordable credit to employees.
“Our decision to offer Kashable to all of our clients as part of our PEO program is based on the overwhelmingly positive experiences that several of our clients have had with this employer sponsored benefit, as well as feedback from employees that have previously taken Kashable term loans at low rates,” said David Fernandez, CEO of OEM America.
Kashable provides socially responsible and easy to manage credit at low rates, starting at 6%. OEM America employees can take a Kashable loan online in a matter of minutes and repay it through payroll deductions over six months. Kashable is available at no cost and no risk to the employer.
“We are delighted with the positive feedback and uptake we have seen in recent months, and excited to be working with OEM America to further broaden their PEO portfolio,” said Jameson Fauver, Director of Business Development, Kashable. “In today’s financially stressed environment, being able to offer employees affordable credit at low rates is a highly appreciated employee benefit that helps them avoid the costly and detrimental aspects of tapping into their 401Ks or increasing their personal debt with high-interest credit cards or loans. By extending Kashable to their entire client base, OEM America is providing an invaluable service that supports employee financial wellness.”
Kashable® is a socially responsible financing solution for employees, offered as an employer-sponsored voluntary benefit program. With Kashable, employees apply online and take low-cost term loans instantly, then repay them automatically through equal installment payroll deductions. Kashable is transforming the way working America accesses credit. For more information, visit http://www.kashable.com.
About OEM America
OEM America gives companies a better way to manage their workforce with affordable benefits, greater expertise and lower costs. Our client employees become part of a larger employment pool than any company presents on its own. That means better rates for everything from health insurance to workers comp, and more efficient administration of HR functions like payroll. Companies with 1,000 employees or less, in any location, can lower their costs and improve their productivity. OEM America manages human resources tasks as needed, from payroll to health insurance to compliance and helps to lower workers comp rates. OEM America’s turnkey workforce management solutions bring a new level of efficiency to HR management. OEM is easy to work with, and cost effective. We’re an industry leader bringing competitive advantages to businesses for decades.
PenVine for Kashable
Jennifer Schenberg Ilona Mohacsi
(860) 528-5555 x236
For the original version on PRWeb visit: http://www.prweb.com/releases/2015/11/prweb13058882.htm