Property owners with tokenized properties on Fabrica can receive loan offers from individual users on lending platforms. To accept an offer, simply click "Borrow" and execute the loan agreement in the prompts. While the borrower remains the property owner for the loan's duration, the property token is locked in a smart contract. Repayment before the loan end date is necessary to regain the token. Failure to repay by the due date may result in the loss of the entire property.
Written by Daniel Rollingher
Updated over a year ago