Lending FAQs

Currently, LENDonate Lenders need to be accredited investors in the U.S. The definition of accredited investor is put forth by the SEC in Rule 501 of Regulation D.


To be an accredited investor, a person must meet one of these requirements:


1)  have an annual income exceeding $200,000, or $300,000 for joint income, for the last two years with expectation of earning the same or higher income in the current year


2)  have a net worth exceeding $1 million, either individually or jointly with their spouse


3) holds in good standing a Series 7, 65 or 82 license

Yes! You can transfer money from a self-directed IRA which is an Individual Retirement Account (IRA) that allows alternative investments for retirement savings – putting the investor in charge of making their own investment decisions. Self-directed IRAs differ from traditional and Roth IRAs only by the assets they hold.


Simply Register as a new Lender and you will see the option to use your IRA.

No. Pure lenders are equally welcome.
No. Lender’s identity is not revealed on our site, nor disclosed to our borrowers. Lenders have a user ID to keep them anonymous during bidding.
The nonprofit borrower will receive notification that a portion of their loan will no longer require repayment. LENDonate will provide you year-end statements to capture donations and interest income separately.
No. We do not charge you for that kind gesture, nor do we charge the nonprofit. Encouraging philanthropy is part of what we do!

It is a single expression of the attractiveness of each bid. Generally speaking, donations are more attractive than loans, and lower interest rate offers are more attractive than higher ones. To get comfortable with Priority Ranking, before you submit any offers, vary your offer on the bidding page and watch the Priority Ranking dynamically change.

If you are outbid, you will receive an email notification, and the hold on your funds will be released. To re-bid, follow the link in that email, or simply login, and go to “My Bids” from the short-cut menu. To re-bid, submit a new offer with a Priority Ranking that is higher than the lowest accepted bids. See “What is Priority Ranking” question above for more information.

The appropriate split will vary for each user and will be driven by his or her overall investment goals and charitable giving targets. All else being equal, a funding package that has a higher donation-to-loan ratio will outrank a package with a lower ratio and will be more likely to be accepted in an oversubscribed situation. The higher the “priority ranking”, the more likely the bid will succeed.

Yes, you can submit multiple bids, each with its own terms. If a loan is oversubscribed, LENDonate’s process will evaluate the attractiveness of each bid separately and compared to the full array of bids submitted by all lenders in order to determine which bids are accepted.

The maximum interest rate you can require is the ceiling interest rate* assigned by LENDonate to each loan campaign based on the underwriting process.


*Maximum interest rate a lender may offer, as determined by LENDonate during underwriting of each loan

Lenders should invest an amount that is comfortable and suitable for themselves. Typical investments per loan range from $10,000 to $50,000, but there are outliers on either end of that range.
This is the “fair market rate” LENDonate establishes for each loan, which is determined by assessing each borrower’s creditworthiness and strength of any collateral. Through a bidding process, Lenders can offer to lend at this ceiling rate or at a reduced rate. They may also offer a pure donation or a loan+donation combo.