> For the complete documentation index, see [llms.txt](https://docs.lendbit.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lendbit.finance/flexible-lending-pools.md).

# Flexible Lending Pools

LENDBIT introduces flexibility into decentralized lending by allowing multiple borrowers to access a single lending pool. This feature provides lenders with greater control over their funds and allows borrowers more opportunities to access loans with favorable terms. This section explains how flexible lending pools work and the benefits they offer.