For HR & Benefits Teams

Partner With BMG Money — Add Employee Loan Benefits to Your Workplace

The BMG Money LoansAtWork employer partnership is free to implement and delivers meaningful financial wellness benefits to your entire workforce.

Zero Cost to Employers

A Financial Wellness Benefit That Costs You Nothing

BMG Money's LoansAtWork employer partnership program allows your employees to access affordable payroll deduction loans as a voluntary benefit — at absolutely no cost to your organization. BMG Money handles the underwriting, compliance, and customer service. You simply process the payroll deduction, the same way you handle TSP contributions or insurance premiums.

✓Zero cost to employer
✓No HR workload beyond payroll deduction
✓No employer liability for employee loans
✓Full onboarding and training support
✓Simple integration with existing payroll systems
Enroll Your Organization →
HR manager workplace benefits meeting BMG Money partnership

Benefits for Employers & Employees

🏢 Benefits for Employers

Improved Employee Retention

Financial stress is the #1 cause of employee distraction and turnover. Providing access to affordable credit reduces financial anxiety and improves employee loyalty.

Enhanced Benefits Package

Differentiates your employer brand in competitive job markets — particularly valuable for healthcare, education, and government contractors seeking to attract quality candidates.

Increased Productivity

Studies show that employees dealing with financial stress lose an average of 3 hours per week in productivity. Solving financial emergencies quickly reduces this productivity loss.

Zero Employer Liability

BMG Money handles all lending decisions, compliance, and customer service. Your organization processes only the payroll deduction — the same as any other voluntary deduction.

👤 Benefits for Employees

Access to Affordable Credit

Employees with poor or no credit history gain access to $500–$12,000 at APRs far below payday lenders (19.99%–35.99%), with no credit score requirement.

Financial Emergency Relief

Car repairs, medical bills, home emergencies — BMG Money provides fast access to emergency funds with same-day to next-day funding.

Credit Building Opportunity

BMG Money reports payment history to credit bureaus. On-time payments through automatic deduction help employees build positive credit history.

Stress-Free Repayment

Automatic payroll deduction eliminates the risk of missed payments, late fees, and the anxiety of managing a loan payment manually.

How to Enroll Your Company

1
Contact BMG Money

Reach out through the contact form or visit bmgmoney.com to request a partnership inquiry. Specify that you're interested in the LoansAtWork employer partnership program.

2
Partnership Agreement

BMG Money's partnership team will provide a simple service agreement that outlines your organization's role (processing payroll deductions) and BMG Money's responsibilities (lending, compliance, service).

3
Payroll Integration

BMG Money works with your HR/payroll team to set up the deduction processing. Compatible with all major payroll systems including ADP, Paychex, Workday, and custom systems.

4
Employee Communication

BMG Money provides co-branded materials, email templates, and onboarding resources to communicate the new benefit to your employees. Typically launches within 30 days of agreement.

Industries We Serve

🏥 Healthcare 🎓 Education 🏛️ Government 🤝 Nonprofits 🚌 Transportation 🏭 Manufacturing
Note: Employer partnership inquiries should be directed to BMG Money, Inc. at bmgmoney.com. This site is an independent information resource. Last updated: May 19, 2026.

The Business Case for Financial Wellness Benefits

Financial Stress Costs Employers Directly

According to PwC's annual Employee Financial Wellness Survey, financially stressed employees lose an average of 3 hours per week in productivity due to financial worries. For a 500-person organization at an average salary of $50,000, that represents approximately $1.9 million in lost annual productivity. Access to affordable emergency credit — the kind BMG Money provides — directly addresses the most common source of acute financial stress: unexpected expenses.

Reducing Turnover Costs

Employee turnover costs between 50% and 200% of an employee's annual salary, depending on the role. Financial hardship is consistently cited among the top three reasons employees leave their employers before retirement. Providing access to emergency financing through BMG Money LoansAtWork can measurably reduce turnover — and the associated replacement and training costs — particularly for hourly and mid-wage employees most vulnerable to financial emergencies.

Zero Administrative Burden

The LoansAtWork employer partnership requires minimal HR involvement. Your payroll team processes the deduction exactly as they process any other voluntary allotment — insurance premiums, 401(k) contributions, or union dues. BMG Money handles all loan decisions, compliance, customer service, and dispute resolution. The typical HR workload per enrolled employee is measured in minutes, not hours.

Compliance and Liability

Employers who partner with BMG Money bear no legal liability for individual lending decisions. BMG Money (via WebBank, an FDIC-insured institution) is the licensed lender — your organization's role is limited to processing the payroll deduction, which carries no more liability than processing any other employee-authorized payroll deduction. The partnership agreement clearly delineates this separation of responsibilities.

Ready to Enroll Your Organization?
Contact BMG Money Today

Zero cost to your organization. Meaningful financial wellness benefit for your entire workforce.

Get in Touch →
Common Questions

Frequently Asked Questions

How long does it take to enroll as a BMG Money LoansAtWork employer? +
Enrollment typically takes 2–4 weeks from application to first employee eligibility. The process involves signing a partnership agreement, configuring your payroll system to process allotment deductions, and a brief onboarding session. BMG Money handles most of the technical setup. HR workload is minimal.
Does enrolling cost anything for the employer? +
No. BMG Money's LoansAtWork program is completely free for employers. There are no setup fees, monthly fees, or administrative costs. The program is designed to be a zero-cost employee benefit that improves financial wellness without impacting the employer's budget.
What is the employer's liability if an employee defaults on a BMG Money loan? +
Employers bear no financial liability for employee loan defaults. BMG Money (via WebBank) is the lender and bears all credit risk. The employer's only obligation is to process the authorized payroll deduction while the employee remains employed — which carries the same liability as any other voluntary payroll deduction.
Can we remove the benefit if we change our mind? +
Yes. Employers can terminate the LoansAtWork partnership by providing notice to BMG Money per the terms of the partnership agreement. Existing funded loans continue to be deducted until repaid — you cannot cancel mid-loan for employees who already borrowed. New applications would stop being accepted after termination.