Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Arch Lending provides crypto-backed loans that allow holders of digital assets to access liquidity without the need to sell their investments. By using Bitcoin, Ethereum, or Solana as collateral, borrowers can receive funds in fiat USD or USDC without undergoing a credit check, typically accessing their money on the same day while ensuring their assets are not rehypothecated. The collateral is maintained in secure custody and is never utilized for lending or other purposes. With an annual percentage rate starting around 9.50%, these loans offer flexible terms of up to 24 months, with options for pay-down or rollover, and the potential to increase borrowing as the value of collateral rises. Emphasizing trust and security, Arch’s business model ensures that clients' assets are not used, maintaining a one-to-one holding of collateral in secure custody. The platform caters to both individual and institutional clients, offering specialized services for “private wealth” individuals as well as tailored lending solutions for institutions. This commitment to security and flexibility underscores Arch Lending's goal of building lasting relationships with its borrowers.
Description
You can use your NFT assets as collateral to secure a loan or lend to others using their non-fungible tokens. Any ERC-721 token can be utilized for this collateralization process, allowing other users the opportunity to provide you with a loan. Upon accepting a loan, the funds in ETH will be disbursed from the lender's account directly to you, while your NFT will be securely locked within an NFTfi smart contract. Once you fulfill your repayment obligations, the asset will be returned to your possession. However, if you fail to repay the total amount by the specified due date, the NFT will be transferred to the lender. Engaging in providing small, short-term loans to others can yield enticing returns, but it is crucial to thoroughly understand the assets involved in lending and to be prepared to accept the collateral in case of default by the borrower. Additionally, assessing the risks associated with each loan will help you make informed decisions about your investments.
API Access
Has API
No
API Access
Has API
No
Integrations
Ethereum
Yes
BitGo
Yes
Bitcoin
Yes
Flow
No
Galaxy
Yes
MetaMask
No
MetaStreet
No
Solana
Yes
Integrations
Ethereum
Yes
BitGo
No
Bitcoin
No
Flow
Yes
Galaxy
No
MetaMask
Yes
MetaStreet
Yes
Solana
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Arch
Founded
2022
Country
United States
Website
archlending.com
Vendor Details
Company Name
NFTfi
Founded
2020
Country
South Africa
Website
nftfi.com