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How to Borrow

Step 1: Borrowers need to propose the loan terms with the loan conditions (loan amount, repayments, term, interest rates etc) with credit data about the real world assets to be used as a collateral for the loan. Step 2: Underwriters network access the credit data and publish the reports indicating the credit default risks, approval, interest rates etc. If they are approved, following steps would happen Step 3: Borrowers tokenize their assets on Qiro's tokenization platform. Step 4: Borrowers would be onboarded and a lending pool would be created with tranching structure, interest rate decided and the pool will go live for capital infusion from investors. Step 5: Once the pool is fulfilled, Borrower can withdraw the capital from the pool. Step 6: Borrower will repay principal + interest amount as per the schedule.

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