Personal Loans1 for Tesla Employees

Apply for a low-cost Salary Finance loan to pay down existing, high-cost debt. Loan amounts from $750 - $25,000 at fixed rates ranging from 5.9% to 19.9% Annual Percentage Rate (APR).2 Loan terms range from 6-36 months, and there are no early repayment fees.

Why take a Salary Finance Loan?

We’re different - We have a higher acceptance rate than most other lenders while still keeping our rates affordable.

You’ll have your money quickly 3 - Most of our customers receive their loan proceeds within 2 business days of an accepted and approved application.

We're honest - There are no hidden charges or unwanted surprises.

You can feel secure - We take payments on your payday, giving you comfort that you will never miss a payment.

1 Salary Finance is an optional program, not a recommendation from Tesla. Tesla does not benefit financially from offering this
service and communications regarding your loan will be through Salary Finance directly. Salary Finance branded loans are offered by
Axos Bank® Member FDIC, and are subject to eligibility, underwriting, terms and conditions, and approval. Salary deduction payments
are not available to employees who work primarily in DC, IN, NH, NJ, NY and WV.
2 Your individual fixed rate may vary.
3 Subject to receipt of required documentation, underwriting guidelines, and processing time by your employer or bank.

Representative example of a Salary Finance loan

A $3,500 loan with a fixed interest rate of 16.9% APR repaid over 36 months (in 78 bi-weekly installments) will require a bi-weekly principal and interest payment of $57.35.

The total cost after 36 months is $4,472.95, which includes $972.95 interest with no origination or early repayment fees.

Please note: This example is illustrative only. The rate you are offered and repayments may differ depending on your personal financial situation.