A Loan is a financial arrangement where a lender provides funds to a borrower with an agreement for repayment over time, often with interest. Businesses across industries like manufacturing, retail, logistics, e-commerce, and facility management services (FMS) utilize loans for business expansion, operational costs, payroll management, and workforce investments. Companies may also offer employee loans as a benefit to support financial well-being.

For organizations managing contract workers, gig employees, apprentices, and blue-collar workforce, structured loan policies help in managing cash flow, securing working capital, and ensuring financial stability. By leveraging business or employee loan programs, companies can enhance workforce retention, improve liquidity, and support long-term growth. Proper loan management ensures compliance, transparency, and financial planning efficiency.