SALT Lending: Secure Asset-Backed Blockchain Loan Platform?

SALT Lending, found online at, offers blockchain-based loans that let you hold your assets, then get cash. Here’s our review.

What is SALT Lending?

SALT Lending is a lending system that allows users to leverage their blockchain assets to secure cash loans.

In other words, you use a cryptocurrency like Ethereum (ETH) as collateral, and then someone accepts that loan and sends you cash. You would use SALT Lending if you wanted to retain control of your Ethereum, but you also wanted to access some cash.

SALT Lending emphasizes an easy application, fast approval, and no credit checks. Cash is deposited directly into your bank account. Users also enjoy competitive interest rates and no early payment penalties.

SALT Lending Features

SALT Lending advertises all of the following features:

  • Easy application, fast approval, and no credit checks
  • Competitive interest rates with no prepayment fees
  • Maintain your position and avoid less-than-optimal tax events
  • Users have the freedom to get their assets back whenever they want
  • Users can get cash for whatever they want

How Does It Work?

You sign up through, then move through the application process. SALT streamlines every step of the loan. The company simplifies the application process by focusing on the value of the borrower’s blockchain assets – not their credit score.

Let’s say you have a lot of Bitcoin and Ethereum, but can’t get a good traditional loan because of a low credit score. You could turn to a platform like SALT Lending, where your low credit score has no effect. As long as you have cryptocurrency that can be used as collateral, you’ll be able to access cash.

SALT Lending doesn’t function as a bank. Instead, it connects lenders with borrowers. Borrowers are automatically matched with capital from an extensive network of lenders. SALT keeps collateral assets safe in a fully-audited, ultra-secure architecture throughout the life of the loan, allowing members to borrow with confidence.

The entire transaction is secured with smart contracts on the Ethereum blockchain.

The application is designed to be as fast and easy as possible, with no credit checks along the way. The only real step you need to take is to buy SALT tokens, which are ERC20 tokens on the Ethereum blockchain. SALT tokens allow you to purchase membership on the SALT lending platform.

Once you’re a member, you can participate in the company’s lending system. Although SALT Lending doesn’t conduct credit checks, the company does require AML/KYC verification.

As soon as you pay back your loan, you’ll regain control of your cryptocurrencies. There are no early repayment penalties.

Who’s Behind SALT Lending?

Obviously, you should see red flags whenever someone starts talking about a “lending platform” and cryptocurrencies. These platforms are associated with shady companies and scams.

Fortunately, SALT Lending doesn’t appear to be one such company. The company is open and transparent about its contact information. The company lists a mailing address in Denver, Colorado, along with an email address ([email protected]) and a phone number (1 303 243-5018) you can use to contact the company.

The name “SALT”, by the way, is an acronym for “Secured Automated Lending Technology”. The name is also a reference to “the time in history when table salt gained use as a store of value, becoming one of humanity’s first monies,” explains the official website.

There are two registered organizations behind SALT Lending, including SALT Lending Holdings, Inc. and its affiliate, SALT Platform, LLC.

The company is led by Shawn Owen (CEO), a serial entrepreneur with experience in management and ownership of enterprise operations. You can view Shawn’s LinkedIn page here. He launched the company in September 2016.

SALT Lending Membership Options

SALT Lending offers three membership options, including:


  • Term financing
  • Access up to $10,000 in USD
  • 3 to 24 month terms


  • Term financing and line of credit
  • Access up to $100,000 in USD, EUR, GBP, JPY, RMB
  • 1 hour to 36 month terms


  • Term financing and line of credit
  • Access to over $1 million in any currency
  • Metered terms

SALT Lending Conclusion

Platforms like SALT Lending solve a problem in the bitcoin community: you want to “hodl” your cryptocurrencies, but you also want to access some of the cash from your cryptocurrency gains. SALT Lending lets you have your cake and eat it too. You can use cryptocurrency as collateral, then withdraw cash to your bank account from the platform. You access cash without selling your crypto assets.

Understandably, many crypto users see red flags when they see words like “lending platform”. However, as far as we can tell, SALT Lending is a legitimate enterprise with transparent contact information and full details about its team available online.

As of January 2018, SALT Lending accepts BTC and ETH collateralized loans. They plan to add more altcoins throughout 2018, along with features like credit cards.

To learn more about SALT Lending, or to participate in the platform’s lending system today, visit online at

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