What Is the BMG Money LoansAtWork Program?
LoansAtWork is BMG Money's payroll deduction loan program for employees of private-sector companies, nonprofits, school districts, hospital systems, and other non-federal employers that have partnered with BMG Money to offer this benefit to their workforce.
When your employer participates in LoansAtWork, you can apply for a personal installment loan of $500 to $12,000 that is repaid automatically via payroll deduction each pay period. No FICO credit score is required — approval is based on your employment with the partner company and your disposable income.
For employers, LoansAtWork is a zero-cost financial wellness benefit. For employees, it provides access to affordable emergency credit that might otherwise be unavailable due to credit history issues. It's a win-win that helps employers with workforce financial wellness and employee retention — and helps employees avoid predatory payday lenders.
Partner Employer Sectors
Hospitals, nursing homes, clinics, home health agencies, dialysis centers
K-12 school districts, charter schools, community colleges, universities
City & county governments, public utilities, transit authorities
501(c)(3) organizations, charities, foundations, associations
Transit agencies, bus companies, logistics firms, airport workers
Factory workers, warehouse staff, assembly line employees
Use the BMG Money Employer Search to find out instantly. Search by company name or industry.
Search Your Employer →How LoansAtWork Compares to Traditional Loans
For employees of partner companies, LoansAtWork offers several advantages over traditional personal loans and credit products:
| Feature | LoansAtWork | Bank Personal Loan | Payday Loan |
|---|---|---|---|
| Credit Score Required | None | 660+ | None |
| Repayment Method | Auto Payroll | Monthly ACH | Full balloon |
| Max Loan | $12,000 | $25,000+ | $1,500 |
| APR Range | 19.99%–35.99% | 7%–36% | 200%–400%+ |
| Approval Speed | Same Day | 3–7 Days | Minutes |
| Risk of Missed Payment | Very Low | Moderate | High |
Employee Testimonials
"I'm a nurse at a partner hospital. When my son needed emergency dental work, I didn't have savings. My HR department pointed me to BMG Money through our employee benefits portal. $2,800 approved the same day. The deduction comes from my paycheck automatically."
"School bus driver for the district. My credit isn't great from the pandemic years. BMG Money approved me through the school district's employee program. Got $1,500 to cover rent gap. Easy process, no judgment."
"Works at a nonprofit that partners with BMG Money. The application through our company portal was smooth. $4,000 loan helped me consolidate some high-interest credit card debt. Monthly deduction is automatic."