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.