Purpose for clearing Back Office loans or any other advances
- Salary processed through FOSA
- Purpose of clearing Back Office loans or other advances
- Short term advance available in one day
- Amount advanced to be recovered fully once the loan is granted
- Irrevocable order to the FOSA Management to recover the total amount from the loan applied for.
- Processing fee – 5% interest rate on cleared loan
- Collateral include monthly salary and Back Office loans once disbursed