> 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. 
2- Enter the following loan details:
* Loan Amount
* 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"
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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