Frequently asked questions
What’s in it for coworking members?
With Salaryo, coworking members can replace their security deposit with a monthly fee. We put hundreds of thousands of dollars back into the hands of freelancers, startups and small businesses.
How do I apply?
Right here on salaryo.com or with your coworking community manager.
How much does it cost?
The base monthly fee is $10 per month for every $1,000 of financing, with small variations depending on each application.
Is there any interest on top of the monthly fee?
No. There are no hidden interests and no extra fees.
How do I pay the monthly subscription?
You can pay Salaryo with a debit card or by ACH.
Does it affect my credit score?
No. Salaryo uses its proprietary risk technology to process the applications and does not rely on information provided by the Credit Bureaus.
Should I notify Salaryo when I leave the coworking?
Yes. You should notify us once you give notice to the coworking space, so we can process the deposit recovery and stop charging you the monthly fee.
What happens if the coworking space uses the deposit?
In case the coworking space makes use of the security deposit, you will be required to pay back to Salaryo the outstanding amount according to Salaryo’s terms and conditions.
How can I contact you?
Email us at: firstname.lastname@example.org
Mail us to: 43 W 23rd St, New York, NY 10010, USA