Lendtable careers

$24 Billion gets left on the table each year in unmatched 401(k) employer contributions. We have spoken with hundreds of people and there is a common theme: many people simply don't have enough liquidity to both pay for their daily living expenses and take advantage of the free money their employer is willing to give them for retirement.

LendTable solves this problem by giving individuals exactly the amount of money they need to get their entire employer 401(k) match. We advance them money, they set their 401(k) to contribute to the employer match amount, and once they receive the match, we take back our initial principal and some of their match.

In the near term, our goal is to become the central hub for all "wealth-building loans", providing loans ranging from ESPP's, HSA's, Unutilized PTO, Rental Credit Boosting...etc,etc (~$200 billion market)

The company is founded by Sheridan Clayborne (linkedin.com/in/sheridan-clayborne-77723a119) and Mitchell Jones(linkedin.com/in/mitchell-jones-333559a2). Both African-Americans who've lived through the experience of their family having no retirement savings. Mitch went to Yale and proceeded to work at Dropbox and Facebook as a lead fin-tech product manager. He also founded a previous fin-tech startup (Parable) that created an automated personal finance assistant. Sheridan was the youngest African-American to get into Northwestern (Age 15) and worked at Goldman Sachs in Private Equity and Dropbox as a ML Product Manager. He has also started multiple startups in the past and has raised over $5 million and done over $10 million in sales through his previous ventures!