What is an ESPP?

An Employee Stock Purchase Plan, or ESPP, is a type of benefit program offered by an employer. The employer provides their employees with the opportunity to purchase company stock at a discounted price.

Employees contribute to ESPPs via payroll deductions during the designated Offering period. The accumulated funds are then used to purchase company stock at a discount, on behalf of the employee.

Employees are then able to sell those shares at market value to earn a profit. Read this article from Equity FTW to learn all about Lendtable’s ESPP Line of Credit.