pledgeFor a $1M+ loan, the ranking is the starting point, not the answer.
Above $1M, published rates miss most of what matters: custody structure, term flexibility, jurisdiction, jumbo-specific covenants, and which private-client desk actually wants your shape of loan this quarter. Pledge ranks and reviews large-loan lenders with the same 8-factor safety framework — we do not broker, quote, or negotiate loans.
Pledge reviews and ranks Bitcoin-backed lenders — including large-loan desks — using a published 8-factor safety methodology. Every row is sourced and dated.
We are not a broker. We do not quote rates, negotiate terms, take custody, collect commissions, or make introductions on your behalf. Lenders set their own terms.
The rate is the least of it.
For jumbo loans, the terms that decide whether a deal works are the ones that don't fit in a rate table.
Single-party, multisig, or on-chain — and who holds which key. The custody model is the first thing to verify at any size, and it matters more as the collateral grows.
Prepayment, cure windows, extension options, and whether the desk will restructure if the loan outlives its original shape.
Which desks lend in your jurisdiction, what the governing law is, and how enforcement would actually work.
Minimums, origination tiers, margin-call mechanics, and how liquidation is handled when BTC moves against you.
Borrowers with real Bitcoin who want a thoughtful starting point.
- +Loan size $1M and up, US or international.
- +Owner-operators, family offices, foundations, trusts.
- +Borrowers comparing custodial CeFi against multisig CeFi against on-chain DeFi.
- +Anyone who has already read the terms and wants a second pair of eyes.
Below $1M, you'll do better self-serving from the ranking.
- −Loans below $1M — the published rates already reflect what you'd get.
- −Borrowers looking for tax avoidance schemes or non-recourse structures.
- −Anyone who hasn't already read at least one Pledge lender profile end-to-end.
- −Lenders pitching us their products (we don't take partner inquiries).
How we're paid and what we're not.
We make intros to lenders and may be paid when a loan closes — a flat fee from the lender on closed $1M+ loan referrals. Borrowers pay nothing. Rankings and scores are never for sale.
We don't hold a broker-dealer license, we don't quote rates, we don't negotiate on your behalf, and we don't take custody. The lender sets all terms.
No assets ever flow through Pledge. You go directly to the lender; collateral and proceeds move between you and them.
The methodology determines rank. If we ever add a referral relationship, the methodology still determines rank — full stop.
Every rate, fee, and risk parameter on the ranking links to the primary source and carries a verification date.
No lender, issuer, or custodian pays to appear, rank higher, or change a score. Rankings are determined by the published methodology.