> For the complete documentation index, see [llms.txt](https://docs.goldfinch.finance/goldfinch/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.goldfinch.finance/goldfinch/goldfinch-v1/borrower-how-to/launching-a-borrower-pool-on-goldfinch/stage-4-borrower-closing.md).

# Stage 4: Borrower Closing

Once all the setup for the Borrower Pool is done, it's time to open the borrower pool and close the fundraise. This happens in the below steps:

* **Open the Borrower Pool:** On the pre-agreed day, the Borrower pool will open for funding
* **Backer Funding:** Once the Borrower pool opens, Backers will be able to fund your Borrower Pool. They do so by:
* **Signing the Agreement + Funding -** Below is an image of the Agreement Signing and Funding interaction

![](https://1471178566-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MlGaVCGIXm8i0k0uhfS%2Fuploads%2FiMyN5pGY6gHJTkTnip8j%2Fstage41.png?alt=media\&token=f3fa3858-fee8-460a-bd31-46c8837eccac)

Please note that the 'Loan Agreement' hyperlink above takes the Backer to a copy of the Loan Agreement that the Borrower provides.

* **Funding Complete:** Once the pool has been fully funded, the Borrower Pool will be locked
* **Borrower Executes the Agreement**: You will receive the details of the Backers who participated in your Borrower Pool. You will be responsible for appending their details to the loan agreement and executing the agreement. 
* **Creating a live dataroom:** You will be responsible for creating a live dataroom, and granting access to all Backers who participated in your Borrower Pool. In this dataroom you will upload:
  * The executed transaction agreements
  * Any relevant updates for the Backer community from time to time.