Specifications include, but are not limited to: . Offer a collateral-free loan program as a voluntary benefit for all City of Tucson benefit eligible employees. The program shall have a streamlined application process with underwriting and funding completed within 48 hours of application submittal. Loans shall be offered toemployees with or without the use of a credit inquiry/check.2. Offer competitive market interest rate for all available loan amounts available to employees.3. Clarify a minimum and maximum interest loan rate based upon the market.4. Provide a file (CSV or Excel) to the City of Tucson each pay period noting the payrolldeduction amounts for each employee (borrower) that is approved for a loan by the Contractorto include but not limited to: Employee Name, City of Tucson Employee Identification number, last 4 of the social security number for the Employee, Effective date of the loan and date of the first payment, how many payments shall be conducted through payroll deduction, and the amount to be deducted.5. Provide a secure interface through the program website for the City of Tucson to transmitemployee data