It’s simple! You post crypto (BTC, ETH, LTC or PAXG) as collateral, and you can borrow USD or stablecoins (USDC, GUSD, PAX) against it. It is a great way to unlock capital without having to sell your assets and incur a taxable event. The amount of USD you can borrow depends on the amount of collateral you post against the loan, and which LTV (Loan to Value Ratio) you choose. Our loans are all structured as 12 month, interest only loans and incur an origination fee of 2% due when the loan is paid back in full.
Please see below example for a US/Domestic client taking a $10,000 loan (please note our international interest rates include the origination fee so they will be ~2% higher)
- 50% LTV @ 9.75% Interest rate - requires ~$20k in crypto as collateral
- 35% LTV @ 7.9% Interest rate - requires ~$29k in crypto as collateral
- 20% LTV* @ 4.5% Interest rate - requires ~$50k in crypto as collateral
Please see below example for an international client taking a $10,000 loan (please note our international interest rates include the origination fee so they will be ~2% higher)
- 50% LTV @ 12.5% Interest rate - requires ~$20k in crypto as collateral
- 35% LTV @ 10.44% Interest rate - requires ~$29k in crypto as collateral
- 20% LTV* @ 6.73% Interest rate - requires ~$50k in crypto as collateral
Limitations/restrictions may apply. You can view current rates here as they may vary.
*20% LTV option only applicable for BTC-backed loans with max funding of $20,000
*20% LTV option only applicable for BTC-backed loans with max funding of $20,000
Please note that loans for international clients for $5k-$49k are processed as bullet loans, and there are no monthly interest payments - instead all interest and origination fee is due at maturity. International loans of $50k+ are processed the same as US/Domestic loans.