Lendtable

Lendtable advances the cash an employee needs to claim their full employer 401(k) match. When the matched funds vest and become accessible, Lendtable recoups its advance plus a percentage of the captured match. The firm only earns revenue on dollars the user would otherwise have forfeited, aligning its fee with value added.

Lendtable's underwriting engine assesses employment tenure, employer-match vesting schedules, and plan provisions before advancing funds. If a user separates from their employer before the match vests, the unvested portion typically reverts to the plan, and Lendtable bears that credit exposure. The firm has not publicly disclosed its default-rate history or loss provisions.

Earned-wage-access firms advance wages already worked but not yet paid. Lendtable advances the employee's planned retirement contribution to capture a future employer match — the cash originates from Lendtable's balance sheet, not the employer's payroll cycle. The repayment source is the vested retirement-match balance, not a paycheck deduction.

Lendtable does not hold itself out as a registered investment adviser or fiduciary. It provides a cash-advance product whose proceeds are directed into the user's 401(k) to trigger the employer match. The firm does not recommend specific plan investments or manage retirement portfolios.

Lendtable is structured as a venture-backed operating company, not a traditional fund manager. It raised seed capital from Y Combinator (2020) and later from Valor Equity Partners and Susa Ventures (per public record, 2021). The firm does not raise LP capital for a commingled fund; it deploys its own balance sheet to originate advances.

Lendtable has not publicly disclosed a list of integrated plan recordkeepers or employer partners. The product operates at the individual account level, with users granting Lendtable authorized access to their 401(k) account to facilitate contributions and recoupment.

The Lendtable advance is recouped from the vested match balance, which includes both the employee's contribution and the employer's matching contribution. If plan investments lose value, both components may decline. Lendtable's fee structure and recoupment priority in a declining account have not been publicly detailed.