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How to become a borrower (open a Debt pool)?
Go to www.textilecredit.com
IMPORTANT
The pool will be created on the chain your wallet is currently connected to. Make sure you’re on the correct network.
Click “Open a Credit Line” or "Launch your pool" and fill in the following:
- Company – Your brand name
- Entity name – The legal entity signing the agreement
- Sector / Investment Vehicle – If it doesn’t appear in the list, select “Other” and type it manually
- Token – The asset you want to borrow (e.g., USDC)
- Interest rate – The interest you will pay on borrowed capital only (idle staked capital carries no interest)
- Redemption Period – How often lenders can request their principal back
- Min stake size – Minimum deposit allowed per lender
- Interest payment interval – How often you commit to pay interest (remember: interest compounds)
- Contract – Upload the signed legal agreement between you and your lenders
Click “Sign”, approve the transaction, and your pool goes live.





Next
- Find lenders to stake in your pool (How to Stake Capital Into a Pool)