Here's the basics...
When an employer signs up, their employees are eligible to be part of borofree.
borofree allows members to advance up to £300 of their next wage or salary payment in the form of retail cards.
borofree collects funds owed directly from your next wage or salary payment, so you don't need to worry about paying borofree back.
When you sign up with us, we will set you up with your own borofree salary advance account.
We ask for your salary to be paid into this account. On payday, we will collect any advance owed from your salary, and forward the remainder of your salary to your usual high-street bank account within seconds.
The account is provided by our partner Modulr who are registered with the Financial Conduct Authority (FCA). The FCA requires companies such as Modulr to operate under strict regulation and to Safeguard all client funds.