# Receiving a loan

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If you are a prospective borrower, you can request information or post a borrow request at <https://forum.truefi.io/>.&#x20;
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In the typical borrower experience, borrowers in managed vaults follow the steps below:

1. PM and Borrower negotiate loan terms offline. PM then submits terms on-chain for review.
2. Borrower accepts terms by executing an on-chain transaction (see screenshot below).
3. PM disburses funds to borrower's address. The borrower receives funds in their wallet.
4. Borrower [repays loan](https://docs.brila.finance/user-guide/borrow/repaying-a-loan) at, or before, time of loan maturity.

<figure><img src="https://1577631410-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MOBxBNTVTribg0rlJSW%2Fuploads%2FXkIr0qaNpcF6hmFfnyfD%2Fimage.png?alt=media&#x26;token=e624c23e-b587-465f-9c2c-234d98c98d37" alt=""><figcaption></figcaption></figure>