Who Verifies Employment In The Event Of An Application For A Loan By An Employee?
Once again the staff leasing company is the employer of record and will verify employment. However, in most situations the loan institution requires three to five years’ history of employment. If the employee is a recent new hire of the staff leasing company and has been employed by the client company for any length of time, a simple letter of explanation of the relationship by the client company or the staff leasing company will be sufficient information for the lender.
