Lend at scale.
Skip the branches.
Reach pre-qualified, payroll-anchored borrowers through your existing employer relationships. Repayment is deducted at source before salary is released. Zero collection overhead.
What's in it for You
Infrastructure that reduces risk and scales origination, without branches.
Clear Demand
Thousands of payroll-verified borrowers across your existing corporate clients. Not walk-ins. Workforce.
Controlled Repayment
Deducted at source before salary lands. Willful default is structurally eliminated, not just reduced.
Scalable Origination
No per-loan credit approvals. Phela originates and scores every loan against your pre-set terms, automatically.
Real-Time Borrower Visibility
Live dashboard: active loans, repayment rates, delinquency flags, and employer-level exposure. Always on.
Three ways in. One infrastructure.
Employer-Embedded Lending
Phela integrates with your corporate client's payroll. Employees receive loans, repayment is auto-deducted from pay before it is released.
- Mass account acquisition
- Structured low-default book
- No individual credit approvals
Open Marketplace
List your products on the Phela marketplace. Access a pre-scored, payroll-anchored borrower pipeline at zero origination cost.
- Passive pre-qualified inbound
- No bank account needed to start
- Natural pathway to full accounts
Existing MOU Enforcement
Already have salary loan agreements? Phela enforces first-line payroll collection on your current book and extends reach to unbanked staff.
- 100% willful default eliminated
- Financier exclusivity enforced
- Extend to unbanked employees
Infrastructure built for scale and security.
Flexible Integration
Integrate to your existing loan management system via API, or use our built-in lending infrastructure.
Collect at Source
Repayment is deducted before salary reaches the employee. Not a promise. A system.
Untapped Market
Your corporate clients already employ thousands. A fraction are banked with you. Phela gives you access to the rest, without a branch.
Pre-qualified Borrowers
Every borrower is scored against employment tenure, net salary, and existing deductions before you see them.
You Bring Capital. We Do the Rest.
KYC, origination, payroll integration, collection, reporting, leaver management. All Phela.
Product Options
Flexible lending products designed for the formal wage segment.
Soft Loans
Monthly cycle soft loans in the form of cash, direct payments, and merchant settlements.
Earned Wage Access
Short term cash loans up to 2-3 months.
Purpose-Based Loans
School fees, insurance, hospital bills, etc.
Instalment Purchases
Facilitate big purchases and get paid back in up to 12 months.
Employee Applies
Verified employee initiates loan/purchase request through the platform.
Instant Eligibility
Phela checks employment status, salary, and existing deductions in real-time.
Portfolio Rules Apply
Your pre-set terms and eligibility floor determine approval automatically. No case-by-case review.
Employer Confirms
Employer approves payroll deduction with one click.
Disbursement
Funds are disbursed to employee or directly to merchant.
Auto Deductions
Repayment is automatically deducted from salary each pay cycle.
You don't lend blind.
Payroll Is the Collateral
Repayment is deducted before the employee receives anything. The employer is the first line of recovery.
Employer-Level Credit Gate
Total loan exposure per company is capped and enforced against the employer credit threshold automatically.
Leaver Protocol
When an employee exits, repayment transitions immediately. No gap in coverage.
Getting Started
Launch your payroll-secured lending in four simple steps.
Sign Partnership MOU
Formalize your relationship with Phela.
Complete Onboarding
KYC, product setup, LMS integration, terms configuration.
Configure Your Terms
Set your rate, loan caps, and eligibility floor.
Go Live
Deploy to your first employer clients and start building the book.