How does borofree Salary Advance work?

After you sign-up you will be given a borofree Salary Advance of up to £300. Anything you use will be collected from your next salary or wage payment.

When you sign up to borofree, we will set you up with your own borofree Payment Account.

This is your account, not ours, and it has its own account number and sort code so payments can go in and out easily. It is only used to receive your wage or salary payment and send payments to borofree and you.

To use borofree, you will agree for your wage or salary payment to flow through your borofree Payments Account.

This way borofree can collect any funds you may owe that month.

Once borofree has collected these funds your wage or salary payment will flow immediately on to your existing UK account. This whole process is near instant so you should receive your wage or salary payment on the same day as normal.

If you have not used your Salary Advance balance, 100% of your wage or salary payment will flow through to your existing account.