Frequently Asked Questions

What is LenderLab?

LenderLab is a debt tokenization company and platform that enables the funding and trading  of renewable energy debt notes; specifically consumer loans for residential solar installations.

How does debt note tokenization work?

Debt note tokenization is a process that converts traditional debt notes into digital tokens on the blockchain. This technology allows for easier transfer, trading, reporting and funding of renewable energy loans.

What makes LenderLab's tokenization process unique?

LenderLab has developed a proprietary and innovative tokenization process that sets us apart in the industry. Our tokens digitize each unique loan and incorporate blockchain payments, KYC and AML controls.  This enhances efficiency, transparency, liquidity, reporting and security in solar finance.

Is my personal and financial information secure on your platform?

Yes, your security is our priority. We have implemented robust security controls to secure your information.  Encryption protocols secure transactions and all data is stored securely.  Borrower personal information is not shared on the blockchain, only the loans relevant financial information is digitized.

How do the debt notes available on your platform perform?

Our debt notes have an outstanding track record, with a historic default rate of less than 1%.   Interest rates and terms vary based on borrower characteristics and the interest rates at time of funding. In general the loans we tokenize are written at prime +1%.

How do I get started with LenderLab?

To get started, simply sign up on our platform, complete the KYC process, and you'll be ready to explore and purchase our renewable energy tokens.

Can I trade or sell my tokenized debt notes?

After purchase there is an initial lockup period of 1 year. After the lock up period our tokens can be traded like any other token on the blockchain. Future payments will be made to the new holder.  Holding our tokens is a great way to diversify your portfolio.

Are the loans ESG compliant?

Yes, we are proud to be ESG (Environmental, Social, and Governance) compliant. When you purchase our loan tokens, you're supporting sustainable and environmentally friendly renewable energy projects.

Are there any fees associated with using LenderLab?

We may charge fees for certain transactions or services on our platform. Please review our fee structure for detailed information on any associated costs.

What should I do if I have more questions or need assistance?

If you have additional questions or need assistance, our dedicated customer support team is here to help. You can reach out to us through our contact page, and we'll get back to you promptly.