How can I use my borrowed funds?

When you borrow with Lava, your loan capital is available instantly for spending and there are no restrictions on how you can use your borrowed funds. Lava offers a number of options for spending or moving your funds:

• You can use the Lava card to spend directly from the dollar balance in your Lava account.

• You can withdraw your funds to your bank account using same-day ACH, regular ACH or wire transfer (note that this feature is currently unavailable in New York and Alaska).

• You can swap dollars to USDC directly in your Lava and transfer them to another account (no restrictions apply).

To learn more about creating and managing Lava Loans, see this article in our Help Center.