While our customers span demographics of all sorts, not everyone is eligible to use Lendtable.

Who is eligible to use Lendtable?

Any salaried employee with a qualifying retirement plan employer match or employee stock purchase plan that offers discounted or matched shares is eligible to use our services.

It is important to note that Lendtable is not a personal lender. Lendtable Cash is disbursed for the sole purpose of replacing the money automatically deducted from a paycheck to go toward a 401(k) or other company benefit. If you do not have a valid match or ESPP policy, you are not eligible for a Lendtable account.

401(k)+ service eligibility rules

To be eligible to use Lendtable for a 401(k) benefit or other company-sponsored retirement account:

  • You must be employed.

  • Your employer must offer a company-sponsored retirement account match benefit. This will come in the form of a 401(k) match, 403(b) match, or TSP match.

  • Your employer's match benefit must be at least 25%.

  • You have been working at your company for long enough to be eligible for your 401(k) match, according to your company's policy.

  • You will be at least 25% vested in your employer match by the end of your first Lendtable contract (1 year).

ESPP service eligibility rules

To be eligible to use Lendtable for an employee stock purchase plan benefit:

  • You must work for a publicly traded company.

  • Your employer must offer a valid employee stock purchase plan (ESPP), through which you can participate in a share-purchasing program at a discounted price or employer match.

  • You have been working at your company for long enough to be eligible for your ESPP, according to your company's policy.

  • Your ESPP policy does not include a lockup or holding period, or any other stipulation that will prevent you from selling your shares at any time.

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