Benefits Hub
Personal Loans
Competitive personal loans for employees - with expert sourcing and pre-tax payment options for eligible NFP staff.
Not-for-profit employees - extra advantage
If your employer is a not-for-profit or PBI organisation, you can package your personal loan repayments under your $15,900 Everyday Living Benefit - paying them from your pre-tax salary and reducing the real cost of your loan significantly.
What we offer
NSP provides access to competitive personal loans for employees - whether you're buying a used car, caravan, motorbike, or covering a major personal expense. We work with a panel of lenders to find a loan that suits your situation, and we handle the comparison and paperwork for you.
Unlike standard salary packaging providers, NSP can help employees structure their loan repayments in the most tax-effective way possible - particularly for those with NFP or rebatable employers who can use the $15,900 Everyday Living cap.
Why choose NSP for your personal loan?
Competitive Rates
We shop our panel of lenders to find a loan that beats the big banks - so you're not stuck with whatever rate your bank offers.
Pre-Tax Savings (NFP employees)
Eligible NFP employees can pay loan repayments using pre-tax salary under the $15,900 Everyday Living Benefit, reducing the real cost of borrowing.
Expert Sourcing
We handle the paperwork and the finance comparison so you can get on the road - or to your goal - faster.
Available to All Employer Types
All employees can access our personal loan sourcing service. The pre-tax packaging advantage is an additional benefit for eligible NFP staff.
What can a personal loan be used for?
- Used cars, motorbikes, caravans or campervans
- Home improvements or renovations
- Debt consolidation
- Major personal purchases
- Travel or experiences
How it works for NFP employees
You apply for a personal loan through NSP's lender panel and receive a competitive rate.
Loan repayments are packaged under your $15,900 Everyday Living Benefit - deducted from your pre-tax salary.
You pay less income tax, which effectively reduces the real cost of your repayments.
At the end of the loan term, you own your asset outright.
Interested in a personal loan?
Speak with our team to find out what rate we can source for you and how to make the most of your packaging entitlements.
Book a call