Receiving a loan
Last updated
Last updated
If you are a prospective borrower, you can request information or post a borrow request at https://forum.truefi.io/.
In the typical borrower experience, borrowers in managed vaults follow the steps below:
PM and Borrower negotiate loan terms offline. PM then submits terms on-chain for review.
Borrower accepts terms by executing an on-chain transaction (see screenshot below).
PM disburses funds to borrower's address. The borrower receives funds in their wallet.
Borrower repays loan at, or before, time of loan maturity.