Should Employee Loans Be Charged Interest?

[Suba]

Employees will often borrow money from business owners, whether for medical purposes, buying vehicles, etc. Do you think it is appropriate for a business owner to charge interest on employee loans even though the interest is small, only half the bank interest rate.

 

[King Belieal]

If it is the company that is financing the loan, an interest of 1% to 2% is okay to be charged. I won't do a No Interest loan.

 

[Augusta]

It would be good to have no interest on the loans as it is for the employees but if not the interest should be very little