1. Knowledge Base
  2. Commercial Loans
  3. Getting an Unchained commercial loan

How do I submit a commercial loan application?

Sign into your business account, then click 'Loans' to get started.

Note: Unchained does not originate consumer loans and will only originate loans to entities (such as LLCs and corporations, but NOT Sole Proprietorships) with stated business/investment purposes.

What your entity needs

How to submit a loan application

  1. Sign in to your Unchained business account and navigate to the loans page by clicking Loans on the top navigation bar.
  2. Type either the bitcoin amount you'd like to use as collateral OR the principal amount in USD and click Next
    1. Note: origination fees are deducted from the principal amount, with the difference sent as the disbursement to the linked bank account.
  3. Read the note regarding the commercial loan term length and click Next.
  4. Select the use of funds from the drop-down menu and click Next.
    1. Note: if you are requesting a refinance of an existing loan, select Refinance existing Unchained loan(s). You can indicate your request of additional funding, if applicable, by submitting a higher principal amount. 
  5. Click the + to select a key to use with your loan and click Next.
    • Note: If you cannot see one of your uploaded keys, you need to perform a device check first.
  6. Choose the linked bank account you wish to use for interest payments and select Auto ACH or Manual as the payment method.
  7. Choose the linked bank account you wish to use for the disbursement and click Next.
  8. Review your application for accuracy before clicking Submit.
  9. Unchained will respond via email for additional information regarding your commercial loan application and next steps.