Financing for companies
Cash flow under control
NidBo already helps companies with cash flow today. In the app, employees request early pay or a micro-loan instead of an advance from petty cash. The company lends from its own funds, and the principal and interest, less the NidBo commission, come back to it through payroll deductions.
In preparation
Cash flow na mieru
Tailored cash flow: financing for payroll costs that will not be a conventional loan. The service is in alpha, and we will publish the terms and rates at launch.
Why NidBo
No fixed fee
You only pay a commission on the loans paid out: 1%, 3% or 4% depending on your plan. If your employees borrow nothing, you pay nothing.
Interest stays with the company
The interest on loans the company provides from its own funds belongs to the company, less the NidBo commission.
Repayments from wages
NidBo calculates the payroll deductions under the Slovak Labour Code and prepares them for your payroll office.
Less work for HR
Requests, approvals and payroll data are all in one place in the app.
Ready-made contracts
Loan agreements and payroll deduction agreements are generated automatically and signed electronically.
Legal limits
The system keeps an eye on the APR and the statutory interest caps for every loan.
Looking for an employee benefit?
Early pay and micro-loans as a benefit that helps you retain talent. See what NidBo brings to your employees and HR.