TrueFi Docs

Disbursing loans

How to disburse a loan

To disburse a loan, click 'Disburse a loan' on the portfolio page and follow the on-screen prompts (see below for more detail):
Parameters required for each loan:
  • Borrower address
  • Principal Amount
  • Loan term (in days)
    • Note: loan maturity cannot extend beyond portfolio's end date
  • Repayment Amount
    • Manager can inputs interest rate APR to calculate repayment amount owed where Repayment Amount = (Principal Amount) * (1+(APR) * (duration / 365 days))
    • Example: 1M USDC loan @ 10% for 180 days → repayment amount = 1,000,000*(1+0.10*(180/365)) = 1,049,315.07 USDC