SALT provides fiat loans using cryptocurrency and digital assets as collateral as an innovative way for HODLers to unlock liquidity for real-world expenditures. We offer flexible terms ranging from 3 to 12 months, with the ability to pay your loan off early without a prepayment penalty with repayment options of interest only or principal and interest, and annual interest rates as low as 5.99%. Rates may vary depending on your location, loan amount, and repayment type.
Our Loan-to-Value (LTV) ratios range from 30% to 70%, meaning you may borrow as much as 30% to 70% of the amount of collateral you deposit.
A major differentiator for SALT is that we support the ability to use a portfolio of digital assets to collateralize your loan. Our custody system is built to secure the assets on the platform with the use of a 100% cold storage system which utilizes processes that create redundancies, resilience, and recoverability necessary to maintain an enterprise system for both our borrowers and lenders. Additionally, SALT ensures the crypto collateral assets held in its cold storage and SALT does not commingle your funds on the platform. In addition to our loan products, we also offer customized business and personal loan solutions with a team of experienced developers who are well versed in the blockchain space.
We offer member support 24/7 via firstname.lastname@example.org and live chat via our website saltlending.com. For phone support you reach us at (720) 575-2272 Monday – Friday from 8 am – 6 pm MST and Saturday – Sunday from 12 pm – 4 pm MST.