What is an ESPP? Lendtable Team July 12, 2023 00:02 Updated 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. Related articles Can Lendtable help me take out a 401(k) loan? Can I receive my money in a lump sum deposit up front? How does Lendtable work? When will my reimbursement be deposited using the ESPP Line of Credit? What is a 401(k) match and why is it so important? Comments 0 comments Please sign in to leave a comment.