> For the complete documentation index, see [llms.txt](https://docs.ciondigital.com/cion-user-guide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ciondigital.com/cion-user-guide/product-features/crypto-loans/creating-new-loan.md).

# Creating New Loan

1- Click on "Crypto Loan" from the left menu. On this screen, you will see the ‘Apply New Loan’ button. <img src="https://2787035903-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7kQFxZc4PXaTjT80ZCw8%2Fuploads%2Fc0bnuV7uZd2IlgMjOkIm%2Fimage.png?alt=media&amp;token=da0a046f-f409-42f9-a040-3122787bd8cd" alt="" data-size="line">

2- Enter the following loan details:&#x20;

![](https://2787035903-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7kQFxZc4PXaTjT80ZCw8%2Fuploads%2FrIh8jqbD2xUKymrDT0XU%2Fimage.png?alt=media\&token=9b78a086-35b9-4400-97b6-7b5876d18ebc)

* Loan Amount&#x20;
* Country
* State/Province
* Legal Entity: Individual or Business
* Select the crypto you want to borrow against

3- Click "Continue"

4- Select the loan option that best fits the customer's needs and click on "Continue"

![](https://2787035903-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F7kQFxZc4PXaTjT80ZCw8%2Fuploads%2FNVMGMlDZBgcaOWyozgCt%2Fimage.png?alt=media\&token=4b1ca74d-0adc-43a5-ac31-27a739c81f33)

5\. Depending if you selected a CeFi lender like Salt or a DeFi lender a different workflow will be displayed.

[DeFi Loan](/cion-user-guide/product-features/crypto-loans/creating-new-loan/defi-loan.md)

[CeFi Loan](/cion-user-guide/product-features/crypto-loans/creating-new-loan/cefi-loan.md)

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