> For the complete documentation index, see [llms.txt](https://docs.jpegd.io/jpegd-dao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.jpegd.io/jpegd-dao/peer-2-peer-lending/for-borrowers/accepting-a-collection-offer.md).

# Accepting a Collection Offer

Collection offers are made by lenders targeting a range of NFTs within a specific collection. If a collection offer exists for your NFT, it will appear on the Single NFT page. To accept a collection offer:

Navigate to the Single NFT page by clicking the NFT row in “My NFTs”

<figure><img src="/files/9SjDRvRz1ShGlQMLLgJl" alt=""><figcaption></figcaption></figure>

Select an offer from the lending offers list that meets your needs and agree to the terms.

<figure><img src="/files/PgAqOR8XW0JqEMxxxNnQ" alt=""><figcaption></figcaption></figure>

Deposit your NFT into the escrow contract and instantly receive the loan amount in WETH or USDC.

![Screen Shot 2024-07-18 at 15.55.21.png](https://prod-files-secure.s3.us-west-2.amazonaws.com/aec9be81-be65-46da-90d7-82fcccf67066/e6156f26-ae21-4972-8022-2defc7c4c4f2/Screen_Shot_2024-07-18_at_15.55.21.png)

Once a loan is active, any lender can refinance it by offering better terms. As a borrower, you do not have to take any action—just enjoy the improved terms.