SALT Updates Platform to Include Litecoin; Offers New Competitive Interest Rates, Removes Maximum Cap on Loan Amount
SALT, the leading provider of large Blockchain-Backed Loans™ for cryptocurrency holders, announces major updates to its business offerings as the company continues to expand in the crypto lending market. While the company can now offer more competitive loan solutions to borrowers at the consumer level, SALT distinguishes itself as the premiere liquidity provider for large crypto investors including individuals, mining operations, exchanges and other institutions in the blockchain ecosystem.
With a primary goal of serving large clients, SALT’s offering — live portfolio valuation, around-the-clock global support, a range of competitive rates, flexible loan terms, and a proprietary custody solution — enables it to meet the needs of individuals and businesses alike, making it the ideal loan solution for a wide range of clients.
· SALT has expanded its platform to include Litecoin — clients can now secure cash loans backed by Litecoin, Bitcoin, and Ethereum.
· SALT is now offering USD loans with interest rates as low as 5.99% for loans below $75,000 or as low as 11.99% for loans up to $25MM. For loans greater than $25MM, tailored options are available. Loan amounts and interest rates vary by jurisdiction.