Lending Request Object Configuration

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)