# Onboarding

Borrowers will be guided through an onboarding process consisting of the following steps:

* KYC and AML – This process is conducted by Clearpool's partner - [Credora](https://credora.io/)
* Legal Agreements – Borrowers (and lenders) must agree to the Clearpool [Terms & Conditions](https://docs.clearpool.finance/clearpool/terms-and-conditions)
* MPC Wallet – A supported multi-party computation wallet (MPC) is recommended (but not required) to borrow and repay liquidity
* Credit Risk Assessment – A credit risk score and borrower capacity will be calculated by Credora (see [Credit Risk Scoring](https://credora.gitbook.io/credit-methodology/SbLmTxogePkrzsF4z9IK/) for more information)