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LENDonate Changes The Game of Nonprofit Financing by Creating Swift

Access to High Quality Loans

One-of-a-Kind Online Platform Launches to Enable Nonprofits to Source Loans and Donations
Simultaneously through a New, Innovative Process

Oakland, CA, June 22, 2017 --(PR.com)-- LENDonate, a fintech company, today announced the launch
of its distinct hybrid, online lending platform for 501(c)(3) nonprofits. The first-of-a-kind, hybrid
platform uses an innovative process that lets nonprofits source loans and donations simultaneously.
LENDonate unites nonprofits with lenders, including financial institutions, philanthropic organizations,
and accredited investors for quick funding of high-quality, low cost loans. LENDonate is the only
marketplace lending platform that enables nonprofits to effortlessly expand their donor base while
financing major projects or smoothing out uneven cash flow.

LENDonate was founded by Vivienne Hsu, CEO, a seasoned investment professional and nonprofit
fundraiser. She was motivated by a desire to improve nonprofits' access to the low-cost funding, while
providing high-quality, socially impactful investment opportunities for banks and philanthropists.

LENDonate is creating a new ecosystem for nonprofit finances, one in which all sides win, said
Vivienne Hsu, founder and CEO of LENDonate. The traditional loan experience for nonprofits tends to
be long and arduous, generally accompanied by high costs. LENDonate brings all parties together to
simplify and speed funding of high-quality loans, while empowering lenders to customize lending to meet
their financial goals.

Whether they are purchasing property or major equipment, hosting a large fundraiser, or waiting on a
delayed grant, nonprofits occasionally need an immediate cash inflow. Turning to banks, foundations, or
major donors for relief can be a complicated, time-consuming and expensive process as the nonprofit
sorts through specialized funds, bank requirements and mounds of paperwork.

LENDonate streamlines this process by underwriting and structuring the loans on the marketplace where
a large universe of banks, foundations, CDFIs, and accredited investors can tailor their financial support
in forms of donations, loans, or a combination. Philanthropic lenders may offer rate reductions.
LENDonate also assesses nonprofit borrowers for credit enhancement opportunities that lead to reduction
of credit risk and borrowing rates.

For example, San Francisco-based Z Space is a nonprofit multidisciplinary arts organization dedicated to
producing and presenting innovative, genre-bending new works for the stage. In addition to their
production work, Z Space runs two venues in the heart of the San Francisco Mission District. They turned
to LENDonate after paying 13% on a bank credit line while waiting for a foundation grant approval. As a
result, Z Space was able to replace that high interest bank loan with a 3.6% interest rate loan sourced
through LENDonate's marketplace.

LENDonate helped us get a much lower rate, and was probably a 2-3 month time savings over the

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foundation, said Lisa Steindler, Executive Artistic Director of Z Space. By providing quick access to
affordable money, LENDonate's distinct loan-to-donation option enables us to think bigger and take more
risk as we carry out our mission. It also lets new people get to know Z Space. The more we can put our
name out there and have people become more familiar with Z Space, and support what we're doing, the
better.

Financial Institutions Can Grow and Diversify Community-Driven Lending


Financial institutions have multiple goals: expand their business, diversify their loan portfolio, meet
government CRA requirements, and prudently manage risk. LENDonate helps banks, credit unions,
CDFIs, and foundations diversify by presenting a wide range of financially qualified borrowers, with a
focus on high quality loans. In addition, LENDonate enables financial institutions to share risk by
combining different capital streams into one loan package.

Robust Repayment Process Made Easy and Scalable


LENDonate facilitates co-lending of traditional and philanthropic lenders by uniquely blending different
lender rates into one simple, aggregate borrowing rate. During repayment period, its one-of-a-kind
process partitions a borrower's repayment such that each lender receives repayment amounts based on
their own lending rates.

Easy Loan-to-Donation Conversion


In addition to return-oriented loans and pure donations, LENDonate's unique loan-to-donation conversion
feature allows lenders to manage their own planned giving or to financially reward borrowers for meeting
desired milestones, by converting a portion of the loan into donation or grant anytime during the
repayment period.

Availability
LENDonate is initially available to nonprofits in California. To inquire or get started, please visit
www.lendonate.com or contact Michael Darnaud at michael.darnaud@lendonate.com or 650-248-5350.

About LENDonate
LENDonate is an open, online lending platform that unites qualified nonprofits with lenders for quick
funding of high quality, low-cost loans. The platform enables nonprofits to secure financing from
previously untapped sources, receiving attractive loan rates and donations. Uniquely, marketplace and
philanthropic lenders join forces to fund major projects in ways that fulfill both their financial and
charitable goals. The company is headquartered in Oakland, CA. For more information, visit
www.lendonate.com.

This press release is for informational purposes only and does not constitute an offer or solicitation to buy
or sell any security.

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Contact Information:
LENDonate, Inc.
Carmen Hughes
650.576.6444
Contact via Email
www.lendonate.com

Online Version of Press Release:


You can read the online version of this press release at: http://www.pr.com/press-release/721010

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