# End to End Flow **End-to End Financing Flow** 1. Asset originators originates the borrower assets 2. Shares the credit data and asset information with Qiro underwriters network 3. Underwriters evaluate the risk and give the decision, rejected if not passing the evaluation. 4. Asset Originator sets up a legal entity - a special purpose vehicle - for each pool. 5. Assets are tokenized and lending pool with senior & junior tranche is created using Qiro smart contracts 6. Senior and Junior Investors(underwriters & AOs) invest their capital in the lending pool 7. Capital is deployed to finance assets by the Asset Originators 8. Asset Originator repays the financings (Principal + Interest) 9. Repayments proceeds (Principal plus interest) are distributed to the Investors * Senior investors receive the principal + fixed rate as per deal terms * Junior investors receives remaining returns and takes potential losses 10. Pool is closed --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.qiro.fi/products/qiro-marketplace/term-loans/end-to-end-flow.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.