The Work Index by Flexa

Advance

Advance is a financial technology company that provides credit solutions for businesses and employees in Southeast Asia.

https://advance.ph/
5.2

/10

Transparency ranking

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Description

Advance is a financial technology company operating in Southeast Asia, specializing in providing credit solutions designed for business growth. They offer a range of products including invoice financing, payroll financing, and salary advance, catering to both Small and Medium Enterprises (SMEs) and large enterprises. Advance's mission is to elevate businesses and employees across the region through responsible access to finance.

The company prioritizes convenience and accessibility, offering fast and easy online applications and 24/7 instant disbursement. Advance also places a strong emphasis on employee financial wellness, providing employees with access to flexible credit lines and salary advances, ultimately aiming to boost employee morale and productivity.

Flexibility

Advance offers a range of flexible work options, primarily focused on financial support for employees. Their Salary Advance product allows employees to access a portion of their salary before payday, providing financial flexibility to address unexpected expenses or daily needs. This benefit aims to improve employee financial well-being, which in turn can lead to better job performance and lower attrition rates.

Benefits

Advance provides employees with a revolving credit line that is tailored to their financial wellbeing, offering 24/7 instant disbursement and access to bill payment services. This benefit allows employees to address emergencies and daily needs without putting them or their business at financial risk, ultimately contributing to their financial wellness and boosting employee engagement.

Mission

Advance is a financial technology company with a mission to elevate businesses and employees across Southeast Asia through responsible access to finance. They aim to provide financial solutions for both businesses and individuals, promoting financial resilience and facilitating growth. Advance started by focusing on bringing financial access to hardworking Filipinos, and has expanded to offering a range of credit solutions, including invoice financing, payroll financing, and salary advances.

Disruptor
Improving quality of life/health
Social impact led
Soonicorn
Tech for good

Culture

Advance promotes a culture of growth and financial inclusivity, empowering both businesses and employees to overcome financial challenges and achieve their full potential. They strive to create a positive and supportive environment, fostering a sense of partnership and mutual benefit.

Engaging
Entrepreneurial
People-first
Progressive
Supportive

DE&I

Advance emphasizes financial inclusion and promotes financial wellness for both businesses and employees across Southeast Asia. Their products and services are designed to empower individuals and companies by providing access to flexible credit solutions and financial support. This approach aligns with promoting equity and opportunity for all, contributing to a more inclusive and equitable financial landscape within the region.

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