When onboarding a new customer, several checks must be performed to ensure they meet the requirements. These checks are based on the data provided by the customer during the onboarding process. Onboarding a new customer involves several stages, including verifying their identity, assessing their creditworthiness, and establishing their eligibility for the product or service offered.
CrediLinq has developed a range of endpoints designed to cover various aspects of the onboarding process to facilitate these checks. These endpoints are used to perform various checks, including eligibility checks, retrieval of approval limits, KYC (Know Your Customer) verification, and drafting loan agreements.
CrediLinq can streamline the onboarding process by utilizing these endpoints, making it more efficient and effective. This allows customers to be onboarded quickly and easily while ensuring that all necessary checks and verifications are performed accurately and reliably. Overall, using these endpoints is a key factor in CrediLinq's ability to provide customers with a seamless and high-quality onboarding experience.
Endpoints
| Endpoint | Type | Description |
|---|---|---|
| Check Eligibility | **POST** | Partners can use this API to provide data consent for a customer who already passes through boundary conditions agreed upon at the time of partner registration. Partner initiates data collection process and uploads organization data to S3 bucket in zip format with following naming convention. |
| Get In-Principle Limit | **GET** | Retrieves customer's In-Principal Limit for later approval. |
| Update KYC | **POST** | Often customer information gets updated during the KYC phase. This endpoint is consumed to update the relevant details whenever required. |
| Send loan agreement. | **GET** | Partners can call this API to email the link of loan agreement documents to the directors of the customer organization for digital signature. A one-time email will be sent to the directors for signature. Upon completion of the signature, a webhook will be triggered to update the partner about the signature status of the loan agreement documents. |