DeFi Loan
Last updated
Last updated
1- Enter the following borrower's information to continue
First Name
Last Name
Contact Number
Order/Invoice No.
Loan Amount
Description
Internal References(optional)
2- Review the loan application and if all details are correct click "Submit Application"
3- You will get a confirmation message
4- The next screen will show you the loan details.
You can see if the borrower has provided the collateral. As you can see in the example above the borrower has not yet deposited the collateral. The borrower will get an email with the loan details too and the address where they need to deposit the collateral.
Once the borrower deposits the collateral you will receive the funds in the crypto wallet that was set up in this step:
You can monitor the status on the Loans main page