# How to Lend

#### To start the lending process, the lender must have loan assets then initiate create a loan order   according to his wishes to make a profit .

**Amount   to lend:** Enter the amount that the lender wishes to lend.

**Lending asset type:** Choose from options such as USDT, BNB, USDC and other assets

**Interest rate:** Given by lender High or low interest rates will determine the feasibility of the loan. Lenders can compete with attractive interest rates to attract borrowers. The interest rate will be   calculated on a daily basis   .&#x20;

**Loan term:** With LENDFI, lenders can easily choose fixed or flexible forms for their loan orders. Loan&#x20;

**Flexibility:** *Loan can be completed at any time*

**Fixed:** *End of loan period as per contract*  &#x20;

<figure><img src="/files/VKbSgvI5KHHfQGxbpKfH" alt=""><figcaption></figcaption></figure>

After creating a loan contract, the loan assets will be locked by smart contract, no one can intervene and control. The lender can cancel the order at any time.

While no one has borrowed the loan, the loan will receive interest at the same interest rate as the deposit.


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