Catapillr - Supporting Working Parents
After experiencing first-hand, just how complex and expensive childcare is in the UK; company founder Phil Robinson decided more help was needed for working parents and Catapillr was born.
Issues with childcare are not just about affordability but also with the logistics of managing multiple payments to multiple providers. The idea behind Catapillr and the Childcare Cash Advance Scheme is to make childcare more affordable and easier to manage.
Why use C-CAS?
Children are great, no question but early years and school-age childcare are expensive. The C-CAS scheme helps to make childcare more affordable and easier to manage.
The scheme allows you to consolidate all of your childcare providers in one place, over a simple digital platform. This means you have access to all of your childcare providers’ contact and payment details, at your fingertips, whenever required.
The scheme helps you to identify, plan and budget for childcare costs over the coming 12 months. The loan facility helps to stop you falling back on credit cards and overdrafts to cover childcare expenses.
What exactly is C-CAS?
The scheme is essentially an online account, mobile app and marketplace. Employers can support their employees by providing an interest-free 12-month loan, which is paid into their online account, to then be used specifically for childcare costs.
What can I use the loan for?
The scheme can be used with Ofsted (or equivalent) registered childcare providers or companies/organisations who provide childcare activities, such as after-school & holiday clubs, sports & activity clubs, as well as tutors, which gives you significant flexibility.
How long does the loan last?
The interest-free loan is to be repaid over a maximum of 12 months, but the money does not need to be used within the year, which means you can build up a balance to pay for all those unexpected childcare costs.
How easy is it to use?
The application and account opening process can be completed in a matter of minutes and there’s no need to complete a credit check. A loan agreement is issued online, using our document signing partner, HelloSign. Once this has been completed by both you and your employer, funds will then be transferred into your account. From the minute the loan-sum lands in your account, you will be able to choose, book and pay for all of your childcare services from the very same digital portal. We have endeavoured to put the emphasis on simplicity; ‘One Payment. One Portal. One Solution’.
How can I find out further information about C-CAS?
Please register and we will send you further details about the scheme.