> For the complete documentation index, see [llms.txt](https://lend-finance-organization.gitbook.io/lendx-documentation-v1.0/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://lend-finance-organization.gitbook.io/lendx-documentation-v1.0/project-info/borrowing/how-to-borrow.md).

# 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


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