Who is eligible to use Lendtable? Lendtable Team July 12, 2023 00:18 Updated Any employee with a qualifying retirement plan which offers employer-matching contributions, or a qualifying Employee Stock Purchase Plan (ESPP) that offers discounted or matched stock. Eligibility is also subject to Lendtable’s vesting and plan-specific requirements to ensure mutual benefit. You must provide Lendtable with your most recent paystub for income and employment verification. In some cases, you must also provide your 401(k) or ESPP plan documentation. Lendtable relies on the specifics of the plan documentation to calculate your offer. Eligibility rules differ between services. Read here to learn more about the eligibility rules for a 401(k) Line of Credit Read here to learn more about the eligibility rules for an ESPP Line of Credit. It is important to note that Lendtable is not a personal lender. Deposits are reimbursements for your 401(k) and ESPP contributions. Deposits are drawn from a line of credit. Related articles Eligibility Rules: 401(k) Line of Credit What do I need for my application? When will I receive deposits from the 401(k) Line of Credit? Steps to complete onboarding When do I need to pay my 401(k) Lendtable Balance? Comments 0 comments Please sign in to leave a comment.
