What Is the Loan-to-Value (LTV) Ratio?
The Loan-to-Value (LTV) ratio refers to the percentage(%) of the value of your collateral you will receive in a different asset. In the case of Nebeus, when you take out a loan you will use your crypto as collateral and receive cash. The higher the loan-to-value ratio, the bigger the portion of the cash you will receive.
- If you have $10,000 worth of BTC and apply for a cash loan with an 80% LTV, you will receive $8,000 cash. ($8,000=$10,000*.8)
- If you have $10,000 worth of BTC and apply for a cash loan with an 70% LTV, you will receive $7,000 cash. ($7,000=$10,000*.7)
Loan Amount = Collateral value * LTV%
Since your crypto is the collateral for the loan, the loan-to-value ratio is a measure of risk used by Nebeus. Different loan programs are viewed to have different risk factors, and therefore, have different maximum loan-to-value ratios.
Loan Fees and Terms, Quick vs Flexible
Whether you need quick cash with low commitment or an advanced loan tailored to your needs, compare our Loan programs and choose your perfect one. Quick Loan Interest rate: 0% Cash: from 50 to 500€ Term: 3 months Loan Origination Fee: 2.5% Free early ...
Nebeus offers crypto-backed loans for enterprises (Business Loans) without a credit check. To issue a loan is enough to provide collateral in a digital asset. The Borrower needs to go through a simple compliance procedure for business borrowers. ...
How to apply for a Loan with Nebeus
With Nebeus you can have a loan very quick! Loans are transferred to a credit or debit Mastercard or a bank account (SEPA). We provide payments in more than 100 countries, you can see Supported countries here. Two loan programs are available based on ...
What if my collateral drops in value?
We lend you the value of 72 - 85 % of your crypto-collateral (calculated on the day the loan is issued). If the crypto-market goes down, and the value of your collateral is reaching the value of your loan, you can: Add more crypto to your collateral ...
Can I pay early my loan?
Yes, you can! 1 - Once you login, click "Loans". 2- Click in "active" and then "view". 3 - And here you have the option to pay your loan. Early payment fee is 2.5%