Lendtable is a financial service platform that helps people take full advantage of their employer benefits, while keeping money in their pockets for day-to-day expenses.

Customers receive direct deposits to their primary bank accounts to replace the money their employer automatically deducts from their paychecks as contributions towards their company-sponsored retirement accounts or employee stock purchase plans (ESPPs).

This allows people to plan for retirement and generate long-term wealth while covering urgent expenses like rent, food, school supplies, clothes, transportation, medical expenses, insurance payments, car payments, or even luxuries like vacations, tech, streaming subscriptions—really, whatever a person might need.

What services does Lendtable offer?

Lendtable gives cash advances to replace the contributions deducted from employees' paychecks for company-sponsored retirement accounts (we call this our 401(k)+ service) and for ESPPs.

If they have valid policies for both a retirement account and an ESPP, Lendtable customers can use both services at the same time!

How much money will I get?

Each month, Lendtable customers receive the projected amount their employer withholds in benefit contributions in order to get their full employer match. This differs from person to person, based on your salary and the details of your policy.

Keep in mind: Even-though your retirement benefit contributions are deducted on a pre-tax basis, the payouts you receive are post-tax. Reason being, that is the actual amount of money you would have lost by maxing out your benefit in order to get your match.

How does it work?

Sign up and get approved.

Visit Lendtable.com, choose which service you are interested in (401(k)+ or ESPP), enter your information, and upload a recent paystub and your retirement or ESPP policy. We ask for your full policy so our team can go through the details and remind you as important dates come around, so you don't have to track those yourself.

During this stage, you'll also create a password so you can log into your Lendtable dashboard.

If your uploads include all the necessary information, our team will approve your application, and you'll get an email from your dedicated account manager with details on your unique plan. If your application is missing information we need, it will be rejected, and our team will email you with details on what we still need from you in order to approve your application.

Lendtable does not require a credit check.

Review your Lendtable terms sheet.

Once your application is approved, your dashboard will display your unique Lendtable terms sheet, which outlines what to expect throughout your contract. After reviewing, you can continue or contact our team if you are unsatisfied with the terms.

Add your payment details.

You'll need to link the bank account where you want your Lendtable Cash to be sent each month. You'll also need to add a credit or debit card, which we use to charge the monthly $5 good-standing fee. We charge this fee to confirm you have a valid way to pay in case your bank account gets frozen or unlinked.

The good-standing fee is not an extra charge—every $5 goes toward paying down your Lendtable balance.

Sign your Lendtable contract.

Your contract restates the terms listed in your Lendtable terms sheet and details each party's responsibilities.

You move to the active account stage and receive monthly payouts of Lendtable Cash.

You are also assigned a dedicated account manager to help you through the process in any way you need. The processes are slightly different for retirement accounts and ESPPs.

At any time throughout the active account stage, you can check your dashboard to see your current Lendtable balance, which is the amount you will be charged at the repayment stage.

After one year, your contract ends and you move to the repayment stage.

By this time, you will have received your employer match or purchased your ESPP shares, both of which ensure that you have more money than you started with, and enough to pay for your Lendtable service.

Your Lendtable balance will equal the amount Lendtable sent you in direct deposits plus a small percentage of the match profits. This profit-share percentage differs from person to person but will never be more than 20%, and often it will be lower.

You can pay your balance by withdrawing from your retirement account (for 401(k)+ service), selling your shares (for ESPP service), or with a credit card.

What happens if I can't withdraw from my retirement account?

Some retirement accounts do not allow you to withdraw for a certain amount of time or until you leave your employer. If this is the case and you cannot pay with a credit card, you can defer for 12 months and accrue 10% interest. If necessary, you can continue to defer for 12 months at a time until you leave your employer.

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