borrowonbitcoin

Lender Comparison

SALT vs Arch (Standard)

Side-by-side comparison of rates, custody models, and loan terms.

Rate data verified May 25, 2026 · Updated weekly

SALT and Arch (Standard) side by side

SALTArch (Standard)
APR (min)9.95%7.25%
APR (max)14.45%10.49%
Max LTV70%60%
Min loan
Max loanNo stated maxNo stated max
Custody modellender pool rehypothecationqualified custodian
RehypothecationYesNo
Funding speed
States

Key differences

On posted APR, Arch (Standard) starts lower (7.25% vs 9.95%); whether that's the better deal depends on loan size and origination fees, both folded into the effective APR figures in our table above. Custody differs: SALT uses lender pool rehypothecation, Arch (Standard) uses qualified custodian, a meaningful distinction for any borrower who weighs counterparty risk against rate. SALT rehypothecates collateral (re-lends pledged Bitcoin); Arch (Standard) does not. The latter carries less counterparty risk if the lender becomes insolvent. SALT offers a higher maximum LTV (70% vs 60%), which means more buying power per BTC pledged but a narrower buffer before liquidation if Bitcoin's price falls.

About each lender

SALT

Operating since 2016. APR tiered by LTV: 9.95% at 30% LTV, 10.95% at 50%, 14.45% at 70%. Terms explicitly allow rehypothecation. California DFPI suspended lending license in 2024; SEC fined in 2020 for unregistered ICO; paused withdrawals Nov 2022.

Full SALT review →

Arch (Standard)

Bitcoin-backed loan with Anchorage Digital qualified custody, segregated wallets, $100M Lloyd's of London insurance, and explicit no-rehypothecation policy. Multi-collateral: BTC, ETH, SOL.

Full Arch (Standard) review →

Compare all 15 lenders

Filter by loan amount, BTC holdings, state, and custody preference.

Open comparison tool →

borrowonbitcoin.com is a comparison publisher, not a lender or financial advisor. Data verified weekly. Full disclosures.