Lender Marketplace
How to find lenders, understand match scores, and apply for loans.
How Matching Works
When you visit the marketplace, each lender receives a match score that reflects how well your collateral profile fits their lending criteria. The score is calculated from four dimensions:
matchScore = netAssetIndexFit × 0.40
+ assetClassOverlap × 0.30
+ amountFit × 0.20
+ termFit × 0.10| Dimension | Weight | What It Measures |
|---|---|---|
| NAI Fit | 40% | Your net asset index vs the lender's minimum required NAI |
| Asset Class Overlap | 30% | Percentage of your assets that fall into classes the lender accepts |
| Amount Fit | 20% | Whether your desired loan amount falls within the lender's range |
| Term Fit | 10% | Whether your desired loan term is available from the lender |
Match Tiers
Match scores are grouped into tiers so you can quickly see which lenders are the best fit.
| Tier | Score Range |
|---|---|
| Excellent Match | 80 – 100 |
| Good Match | 60 – 79 |
| Fair Match | 40 – 59 |
| Not Eligible | Below 40 |
Lenders below 40% are hidden or greyed out so you can focus on the best options.
Finding Lenders
Start by selecting a loan type at the top of the marketplace. You can choose between:
- Fiat — traditional currency loans (USD, EUR, etc.)
- CeFi Crypto — crypto loans from centralized lenders (USDC, BTC, etc.)
- DeFi — decentralized lending (coming soon)
Each lender card shows the lender name, your match score, APR range, accepted collateral types, and loan range.
Applying for a Loan
Found a lender you like? Here is how to apply:
Click "Apply" on a lender card
This opens the application form for that lender.
Review your collateral summary
Your collateral data is pre-filled from your most recent report. Make sure everything looks correct.
Fill in loan details
Enter the amount you want to borrow, the purpose of the loan, your preferred term, and currency.
Read and accept collateral pledge terms
Review the terms carefully before accepting. This authorizes the lender to view your collateral report.
Submit your application
Your application is sent to the lender for review.
What's Shared with Lenders
When you apply, lenders receive your collateral report including your Net Asset Index, net worth, asset breakdown, and risk scores.
How Collateral Works
How your collateral is handled depends on the lender's model:
| Model | How It Works | Best For |
|---|---|---|
| Lender Custody | You transfer assets to the lender's qualified custodian (e.g., Coinbase Custody). Both parties sign a tri-party agreement first. | Crypto-backed loans where lender has institutional custody |
| Self-Pledge | You sign a collateral pledge agreement. Assets stay with you. Lender verifies via your NAI report. | Traditional assets (real estate, securities, cash) |
| Platform Custody | Assets are locked via a third-party escrow service arranged by NAI. | Coming soon — additional custody options |
Application Lifecycle
After you submit, your application moves through a series of statuses:
Pending
The lender hasn't reviewed your application yet. Sit tight.
Under Review
The lender is actively evaluating your collateral and loan request.
Accepted
Your loan has been approved. The lender will contact you with next steps.
Declined
The lender has declined your application. Common reasons include insufficient collateral, unsupported asset types, or the requested amount being too high.
Info Requested
The lender needs more information before making a decision. You can reply with a message directly from your application page.
You'll get a notification when your application status changes.
Loan Types
Fiat Loans
Traditional currency loans denominated in USD, EUR, or other fiat currencies. These work like a standard collateral-backed loan — you pledge your assets and receive funds in your bank account.
CeFi Crypto Loans
Receive crypto (USDC, BTC, etc.) from centralized lenders. These loans are managed by the lending platform and typically offer competitive rates for crypto-collateralized borrowing.