# How to Borrow ### Search for a loan With the LENDFI platform you can easily search for a loan that suits your desired needs such as loan value, loan term fixed or flexible type of asset to borrow. There will be many options for borrowers with different interest rates. Borrowers can choose a loan that suits their existing collateral and desired interest rate. ### Deposit collateral Borrowers need to have collateral suitable for the loan offered by the lender. The loan limit is clearly shown on the loan order. If you agree with the conditions given by the borrower, proceed with the loan. For example: ![](/files/1du6HdoNhXGULJh0llec) LENDFI will not hold collateral but it will be managed by smart contracts so it is very safe and transparent. Lenders and borrowers can completely check the address of the contract. ### Get a loan When the loan order is processed, the lender will have to pay a loan fee equal to 0.15% of the loan amount using LENDFI. Then the loan will be automatically transferred to the borrower's wallet. The LENDFI platform supports many people to borrow the same loan order --- # 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://lend-finance-organization.gitbook.io/lendx-documentation-v1.0/project-info/borrowing/how-to-borrow.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.