Lendtable
Lendtable, based in San Francisco, is a fintech company specializing in helping employees find and consolidate old 401(k) accounts, offering cash advances for 401(k) matches and ESPPs.
Services
Lendtable offers a range of services aimed at assisting employees in optimizing their retirement savings and benefits programs. The company helps individuals locate and consolidate old 401(k) accounts which are often left forgotten, reportedly aggregating to an estimated value of $3 trillion. Additionally, Lendtable provides cash advances to employees, enabling them to cover living expenses while earning their employer's 401(k) match and Employee Stock Purchase Plans (ESPP). The service includes a sign-up process and a detailed step-by-step evaluation for employment and 401(k) match eligibility. Businesses can also utilize Lendtable's services to reduce payroll taxes, improve employee retention, and boost employee satisfaction.
Company History
Lendtable participated in the Y-Combinator Summer 2020 (S20) batch, which marked an accelerated phase for the company's growth. The company is headquartered at 1475 Folsom St., San Francisco, California. With a specialized focus in the fintech sector, Lendtable has rapidly grown to service a wide range of Fortune 500 employees. Its innovations and services are targeted at addressing the substantial amount of lost 401(k) assets in the United States.
Locations
Lendtable is located in San Francisco, California, specifically at 1475 Folsom St. The company services employees and businesses across the United States. As part of its operational strategy, Lendtable maintains a dedicated support center to assist customers nationwide. The company also caters to regions identified under America and Canada.
Fintech Solutions
Operating within the fintech industry, and more precisely within credit and lending sub-industry, Lendtable offers innovative financial solutions to enhance employee benefits. Among its notable services, Lendtable provides a line of credit to help employees maintain stable income while contributing to their retirement and benefit plans. The company specializes in aiding employees to find and consolidate old 401(k) accounts, thus maximizing their retirement savings potential.
Consumer Financial Services
Lendtable's platform is a consumer financial service that addresses critical aspects of retirement and employee benefits. Accessible via their website and available for download on iOS devices, the service facilitates easy navigation for users to find and consolidate their 401(k) accounts. The company's NMLS #2383190 designation reflects its compliance and standing within the financial services industry. Lendtable's solutions have gained the trust of employees from prominent Fortune 500 companies.