Head-to-Head
Every metric that matters, side by side.
Select two lenders. We compare safety, APR, custody, fees, and 8 more factors — so you choose with data, not marketing.
VS
Ledn
Est. 2018
7.4
VS
7.1
Figure
Est. 2018
LednFigure
7.4
7.1
Higher safety score (7.41 vs 7.1)
7.4
Safety Score
Higher safety score (7.41 vs 7.1)
7.1
Safety Score
Higher safety score (7.41 vs 7.1)
7.4
Higher safety score (7.41 vs 7.1)
7.1
Lower minimum APR (8.91% vs 9.25–11.49%)
9.25–11.49%
APR Range
Lower minimum APR (8.91% vs 9.25–11.49%)
8.91%
APR Range
Lower minimum APR (8.91% vs 9.25–11.49%)
9.25–11.49%
Lower minimum APR (8.91% vs 9.25–11.49%)
8.91%
—
Both have the same max LTV
50%
Max LTV
—
Both have the same max LTV
50%
Max LTV
—
LednBoth have the same max LTV
50%
—
FigureBoth have the same max LTV
50%
—
Compare loan amounts based on your needs
Min $500
Max Unlimited
Max Unlimited
Loan Amount Range
—
Compare loan amounts based on your needs
Min $500
Max Unlimited
Max Unlimited
Loan Amount Range
—
LednCompare loan amounts based on your needs
Min $500
Max Unlimited
Max Unlimited
—
FigureCompare loan amounts based on your needs
Min $500
Max Unlimited
Max Unlimited
Lower origination fee
None
Origination Fee
Lower origination fee
1%
Origination Fee
Lower origination fee
None
Lower origination fee
1%
Faster funding speed
Next day
Funding Speed
Faster funding speed
Same day
Funding Speed
Faster funding speed
Next day
Faster funding speed
Same day
—
Both have the same custody model
Custodial
Custody Model
—
Both have the same custody model
Custodial
Custody Model
—
LednBoth have the same custody model
Custodial
—
FigureBoth have the same custody model
Custodial
No rehypothecation — collateral is never reused
Partial
Rehypothecation Policy
No rehypothecation — collateral is never reused
No Rehypothecation
Rehypothecation Policy
No rehypothecation — collateral is never reused
Partial
No rehypothecation — collateral is never reused
No Rehypothecation
Published via The Network Firm LLP / Open Book Report
Published
via The Network Firm LLP / Open Book Report
via The Network Firm LLP / Open Book Report
Reserve Transparency
Published via The Network Firm LLP / Open Book Report
Not published
Reserve Transparency
Published via The Network Firm LLP / Open Book Report
Published
via The Network Firm LLP / Open Book Report
via The Network Firm LLP / Open Book Report
Published via The Network Firm LLP / Open Book Report
Not published
—
Both have the same regulatory status
Registered
Regulatory Status
—
Both have the same regulatory status
Registered
Regulatory Status
—
LednBoth have the same regulatory status
Registered
—
FigureBoth have the same regulatory status
Registered
Fewer excluded states (10 vs 11)
39 states
Excluded: 11
Excluded: 11
US State Availability
Fewer excluded states (10 vs 11)
40 states
Excluded: 10
Excluded: 10
US State Availability
Fewer excluded states (10 vs 11)
39 states
Excluded: 11
Excluded: 11
Fewer excluded states (10 vs 11)
40 states
Excluded: 10
Excluded: 10
—
Both have the same track record length
8 yrs
Est. 2018
Est. 2018
Track Record
—
Both have the same track record length
8 yrs
Est. 2018
Est. 2018
Track Record
—
LednBoth have the same track record length
8 yrs
Est. 2018
Est. 2018
—
FigureBoth have the same track record length
8 yrs
Est. 2018
Est. 2018
Bottom line
Ledn
Wins 3 of 12 categories
3
Ledn wins
5
Tied
4
Figure wins
Score breakdown
Ledn: 3 categories5 tiesFigure: 4 categories
Rates and terms are checked on a recurring cadence but may change. Always confirm directly with the lender before applying.