In March 2020, WorkLife Partnership launched a Small Dollar Loans Program at a Colorado healthcare employer, allowing the hospital to support their employees’ financial health and stability through access to safe borrowing. In the last year, this program became a financial lifeline for the hospital’s employees
impacted by COVID-19—helping them pay their rent and utilities on time, afford car repairs, and tackle other emergency expenses without relying on predatory lending or revolving lines of credit. The program also gave the hospital greater flexibility in offering their employees financial support via accessible,
affordable credit.
