Lending Request Object Configuration

⚙️To be set up in the Integration you will be building for a Lending Provider

LendingRequest Object BODY PARAMETERS:

  • submissionDate
  • lendingRequestId
  • productType
  • customerId used in the Toqio system to identify a Customer
  • merchantId used in the Toqio system to identify a Merchant
  • providerName name of the Lending Provider
  • status A status received from the Lending Provider. It should be mapped to the statuses in Toqio system:
    • Created
    • Submitted
    • Approved
    • Offer Provided
    • Rejected
    • More Information required
    • Cancelled
    • Expired
  • loanAmount the amount merchant applies for - set range from EUR 1,000 - 120,000
  • loanPurpose identifies the purpose of the lendingRequest application
  • loanMaturity the duration of loan merchant applies for - set range from 3-24 months - APPLICABLE FOR “SHORT_TERM_LOAN” ONLY
  • Account Object bank account associated with this loan to which lender will send funds
  • POS Object POS associated with this loan from which daily sales sweep will be taken-APPLICABLE FOR “CASH_ADVANCE” ONLY
  • merchantSales object a document upload with monthly sales reports of the Merchant-APPLICABLE FOR “CASH_ADVANCE” ONLY
  • loanCurrencyISOCode
  • creditCheckPermission identifies if merchant grants permission to the Lending Provider to run credit checks - set yes/no
  • dataPrivacyConsent identifies if merchant accept data privacy policy of the Lending Provider - set yes/no
  • companyName - autopopulated using Merchant’s data from Toqio DB
  • countryISOCode- autopopulated using Merchant’s data from Toqio DB
  • keyContactName - autopopulated using Merchant’s data from Toqio DB
  • companyType - autopopulated using Merchant’s data from Toqio DB
  • registeredAddress- autopopulated using Merchant’s data from Toqio DB
  • contactPhoneNumber - autopopulated using Merchant’s data from Toqio DB
  • contactEmailAddress - autopopulated using Merchant’s data from Toqio DB
  • monthsTrading the number of months the merchant has been trading (optional)
  • additionalInfo text field any additional lendingRequest data not already covered (optional)