Enhanced Funding

This request allows you to fund a loan using LoanPro's Enhanced Funding options.

General

LoanPro's June 2021 release added an Enhanced Funding process that lets you fund a loan through multiple transactions and via a source company. (The old Fund a Loan method still works, but will likely be phased out in a future update). Here's what you need to know about this request:

  • LoanPro's Enhanced Funding tool helps lenders keep track of how they give money to their borrowers.
  • There are multiple methods for funding a loan, and the methodId field determines which is used.

For an example of how the Enhanced Funding tool works within the UI, take a look at our Enhanced Funding article on our help site.

For more information on Enhanced Funding through the API, take a look at our help site article.

Database

For information on enhanced funding database table, see the following articles:

{
  "loanId": 2883,
  "methodId": "loan.funding.method.deposit",
  "customerId": "142",
  "sourceCompanyId": null,
  "categoryId": 1,
  "authorizationTypeId": "loan.funding.auth.ccd",
  "paymentProfileId": "188",
  "merchantProcessorGroupId": "1",
  "merchantTxProcessorId": "",
  "date": "2021-06-16",
  "amount": 10,
  "method": "loan.funding.method.deposit",
  "authorizationType": "loan.funding.auth.ccd",
  "paymentAccountId": "188"
}

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Try It Instuctions

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