Receiving a loan

If you are a borrower new to TrueFi, you can apply to get connected with portfolio managers via https://truefi.io/borrow.
In the typical borrower experience, borrowers follow the steps below:
1.PM and Borrower negotiate loan terms offline with portfolio manager ("PM"). PM submits terms on-chain for review.
2.Borrower accepts terms by executing an on-chain transaction (see screenshot below).
3.PM disburses funds to borrower's address. The borrower receives funds in their wallet.
4.Borrower repays loan at, or before, time of loan maturity.
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Last modified 21d ago