Enhanced Funding

General

LoanPro's Enhanced Funding tool allows you to fund a loan via multiple methods. If preferred, you can even use a Source Company to fund a loan. This tool is an update to the old Funding tool. The old method still works, but it will be phased out in the future. 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 method 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.

Database

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

• Database – Enhanced Funding (loan_funding_transaction_entity)
• Database – Funding Category (funding_category_entity)

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

{
     "loanId": 9118,
     "customerId": 1178,
     "categoryId": 1,
     "method": "loan.funding.method.cashdrawer",
     "date": "2023-01-01",
     "amount": 5
}

{
    "loanId": 9114,
    "customerId": "1183",
    "categoryId": 1,
    "date": "2022-09-14",
    "amount": 100,
    "method": "loan.funding.method.printcheck"
}

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Try It Instructions

Our requests often provide sample payload information so that you can receive a 200 response from simply hitting the Try It button. This request is ready for you—hit Try It to send the request.

If you would like to try this request with your own tenant account, make sure to change the headers to match your own authentication information.