Transparency is key - your collateral is held in segregated wallets and visible to you on the blockchain at all times!
We strive to offer the most competitive terms on the market - we charge no origination fees and offer flexible loan terms from 1 to 60 months with LTVs up to 70%
The safety & security of your collateral and personal information are our top priority - your collateral is insured up to 250M USD
We take compliance seriously - we are registered with FINTRAC and FinCEN in Canada and the US.
APX Lending is registered with FINTRAC in Canada, FinCEN in the US and we are currently preparing for our SOC 2 Type 2 audit
We strive to provide the quickest service to our clients - over 90% of our clients sign up and have their loans issued within 4 hours
We strive to process your registration and loan application in under 3 hours. Get funded in 3 easy steps!
A compliant SaaS solution for financial institutions looking to
offer Bitcoin-secured lending products to their clients.
Talk to our solutions engineering and sales team today!
How do I apply for a loan?
Are there limits to how much I can borrow?
At APX Lending, you are able to get personal loans from as little as $1,000 USDC and up to $1,000,000 USDC. You are able to get business loans starting from $1,000 USDC and up to $10,000,000 USDC. At the current time we only offer loans in USDC. (https://www.circle.com/en/usdc).
What are the eligibility criteria for obtaining a loan?
We do not require a credit check or access to your credit history in order to approve your loan. Your credit history does not matter to us!
You need to create an account on our platform to apply for a loan. As a regulated entity, we check our loan applicants against local and international sanctions and politically exposed peoples lists. Our Team will help you determine if you are qualified.
Which countries do you operate in?
APX Lending is registered with FINTRAC in Canada. In accordance with Canadian laws, we do not offer our services in the following countries: Belarus, Central African Republic, China, Democratic People’s Republic of Korea, Democratic Republic of the Congo, Haiti, Iran, Iraq, Lebanon, Libya, Mali, Moldova, Myanmar, Nicaragua, Russia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Ukraine, Venezuela, Yemen, Zimbabwe.
Pending our application for registration and licensing with various regulatory bodies in the United States, we currently do not offer our services to residents of the United States.
Where is my collateral stored?
Your collateral is stored in a segregated, cold-storage wallet with BitGo, a US-based market leader in regulated custody, and is insured for up to 250M USD. Your collateral is always visible to you on the blockchain for the duration of your loan (except for instances where collateral liquidation is required) on your dashboard.
What security steps do you take to protect my Bitcoin while it's in your possession?
APX Lending works with world-class cyber security experts to keep our systems and your information safe. Our team has extensive experience managing cyber security and blockchain risks. We store your Bitcoin collateral with BitGo, the world leader in qualified custody. Your Bitcoin collateral with BitGo is covered by 250M USD of insurance. We move your Bitcoin collateral to BitGo using Fireblocks, the world's No. 1 MPC solution provider. Your Bitcoin collateral is covered by 50M USD of insurance when under Fireblocks MPC control. We undergo periodic penetration testing by military-grade pen testing facilities and are preparing to undergo SOC 2 Type II certification. SOC 2 Type II certification demonstrates an organization's commitment to data security and provides assurance to customers that the organization has implemented strong controls to protect their data and ensure the reliability and integrity of its services.
Does borrowing against my Bitcoin affect my credit score?
No! We do not contact your credit bureau. We do not pull any soft or hard credit checks from your credit bureau. We do not report back to your credit bureau.