Crypto Backed Loans:

Get cash while you keep your Bitcoin & Ethereum

Borrow cash with a Bitcoin-backed loan or Ethereum-backed loan
from the #1 non-bank HELOC lender.

9.9% interest rates, the lowest fixed rate 50% LTV in the industry!

*Terms and conditions may apply. Please review disclosures located below for more information.

15+ Billion in Equity unlocked with Figure's platform
Trustpilot rating: 4.7 out of 5 stars  Opens in a new window.
Forbes Fintech 50, Most Innovative Fintech Startups 2025

Figure Lending has originated $7B+ in funded loans,
including crypto loans

Get same-day approval* with no credit score needed and flexible payment options.

Crypto: yours to HODL.

Cash: yours to use.

Whether you need to consolidate debt, fund a large purchase, or just bridge short-term finances, our crypto backed loan platform—covering both Bitcoin loans and Ethereum loans—lets you borrow against your holdings instantly.

  • Large purchases

    Use your bitcoin or eth backed loan to purchase a car, mining equipment, or even plan a dream vacation—no need to sell your BTC or ETH.

  • Upgrade your home

    Get the funds you need to complete home projects or renovations.

  • Consolidate debt

    Pay off high-interest or credit card debt with a lower-interest loan.

  • Invest

    Free up cash to re-invest in any into more BTC or ETH with zero trading fees on Figure Markets.

Access funds

Keep your crypto

Access funds quickly, all while keeping your crypto holdings intact. No credit score needed.

Figure Crypto-Backed LoanLednArch
Supported AssetsBTC & ETHBTCBTC, ETH, Solana
Interest Rates9.9% @ 50%10.9% @ 50%12.5% @ 50%
Origination Fee.25%*2% admin fee1.5%
CustodianAnchorageBitGoAnchorage
Term Length3 months1 yearUp to 2 years
Restricted US States (Retail)DC, ID, IL, KY, MD, MS, SD, TX, VT, and VACA, CT, HI, LA, NV, ND, SD, TN, VT, WA, DCCA, TX, IL, OH, VA, WA, TN, +13 others
Founded201820182022

3 Easy Steps to Secure a Crypto-backed Loan

  1. 1

    Create your account

    Complete registration to easily return to your application.

  2. 2

    Send collateral

    Deposit your BTC or ETH as collateral for a bitcoin loan or ethereum loan—your LTV depends on your crypto’s value.

  3. 3

    Get funded

    Receive cash instantly, directly in your bank account.

Why Figure?


Trusted lender

Figure Lending has originated $7B+ in funded loans, including crypto-backed loans, and has never lost coin assets or paused crypto withdrawals.


No credit score needed

Your eligibility for a crypto-backed loan is based on your crypto collateral, not your traditional credit score. We will conduct a soft-credit pull to determine if you are in good standing with other lenders.


Competitive rates and flexible payment terms

Enjoy a competitive rate and choose to make monthly interest-only payments or defer interest payments until maturity.

Interest deferral may be subject to 1% deferral fee, depending on jurisdiction.1: Navigates to numbered disclaimer


Control over collateral

Our custody-only product allows you to retain beneficial ownership of your collateral, which is held at a qualified custodian and will not be rehypothecated.


Frequently asked questions