Crypto Backed Loans
Borrow against your bitcoin without selling it
Get instant loans in USDC while continuing to hold your crypto. Loans powered by Pilla finance services.
Borrowing made simple
Access money instantly when you need it – perfect for down payments, debt refinancing, or urgent bills. Loans are powered by Pilla Finance Services.
- Choose how much to borrow
Borrow up to $1,000,000 USDC. How much you’re able to borrow depends on the amount of bitcoin you have available for collateral. Available in the U.S. to start, excluding New York State.
- Receive your loan instantly
USDC will be deposited into your Pillafinance account and the chosen amount of bitcoin will be moved onchain to Pillafinance as collateral.
- Repay on your timeline
There are no repayment schedules or deadlines. Your loan to value (LTV) ratio must remain under 86% to avoid triggering an automatic liquidation and be charged a penalty fee.
Tap into competitive interest rates
Enjoy rates as low as 5% – that’s 2x lower than other crypto-backed loan options. Plus no hidden fees.
Repay at any time
No monthly payments, no deadlines, and settle whenever you want to.
Efficient & tax-friendly
Pilla Finance Services will not treat your borrow transaction as a taxable event.
Enjoy rates as low as 5% – that’s 2x lower than other crypto-backed loan options. Plus no hidden fees.
