# Borrowing Assets

Amply Finance empowers you to unlock the full potential of your crypto assets by allowing you to borrow against your collateral. Here's a step-by-step guide:

1. First, ensure that you have supplied a token as collateral. Refer to [this](/using-amply-finance/supplying-tokens.md) section for a step-by-step guide on how to supply an asset on Amply. <br>
2. Next, pull up the Supply/Borrow modal and click “Borrow Token”.&#x20;

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXeigGmJu0PY8_vXZc1A0BBNZBWYyTL_JXeN1FS-vogEmgoYv93CCvvVf8_kcnpEN8RAfdAP1-1Ec_MAPSby8FrH4vgnOsvCdeYpr_3TZlvTqBp8GhgeZq1PuBJp7QJccklZtCmM-h6cX2kRTHsFRggQIlQ?key=nW72Yf9ZiTa3-CY0N1fvtw)

3. Choose What to Borrow: Select the cryptocurrency you need from the available options.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXdi7EmadL_Jv0IjQEureRJifnPYIneuKNxmqSwlIETEh2xdTxNGanrGWB48X9SBeYOofwt8A5SODHKLYb5uP-Pf3EjNbZz1ZoGXB7cMg59k5T3v6cjLXMmMdg0ZnwrgyY_KZQaYa-8MN_mCmqt4XZI_Dxo?key=nW72Yf9ZiTa3-CY0N1fvtw)

4. Enter Borrow Amount: Specify the amount of the chosen crypto asset you want to borrow.

![](https://lh7-rt.googleusercontent.com/docsz/AD_4nXckyQ_Oh6uzBv5BVMSZe08a72dztlOJxbWZsdFSyN0shCaSqBA0GwSNkf4KxbhJryFTdmU49fQ2CxC_j9OrwM_cZhEPfXvBsOA-Z4Cdekhj42uWajY8tUUzH5NQ1xLRwwgD1xb7xqeveZ1kagu1gVzLqg_G?key=nW72Yf9ZiTa3-CY0N1fvtw)

5. Confirm Borrow: Review details and finalize the transaction to receive the borrowed funds.

Important Considerations:

* [Health Factor](/health-factor-and-loan-to-value-ratio-ltv.md#health-factor): Represents the health of your debt position. Your Health Factor decreases the more you borrow. The lowest you can go is to a Health Factor of 1.&#x20;
* [Repayment](/using-amply-finance/repaying-loans.md): Remember to repay the borrowed amount plus interest to avoid liquidation.

By understanding these steps and considerations, you can effectively leverage Amply Finance to meet your financial needs.


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