Comprehensive loan insights and credit history analysis
Our liabilities feature simplifies the evaluation of a borrower's financial obligations. Machine learning models automatically identify loans from connected sources and provide lenders with a clear overview of a borrower's outstanding loans and their repayment history.
Common uses of our liabilities feature include:
Risk assessment: helps assess the borrower's risk profile and repayment reliability.
Debt capacity: evaluates if the business can handle more debt without financial strain.
Repayment behaviour: indicates if the borrower makes payments on time or defaults.
Loan structuring: tailors new loan terms to fit the borrower's financial situation.
Once you have the Lending API enabled, configure your instance to work with our liabilities feature.
Configure data sources
Follow the respective guides to set up and enable at least one accounting, banking, or commerce integration that will serve as a data source for the feature:
Enable data types and sync schedule
See how to enable data types and ensure the following data types have been switched on:
- Proft and loss
- Balance sheet
- Chart of accounts
- Journal entries
Configure the solution to refresh data when you need it by setting a synchronization frequency. We recommend setting it to a daily or a monthly sync.
We recommend you configure the following webhooks to manage your data pipelines. These webhooks send a notification for each
If you receive a notification from this webhook, it means an issue occured when syncing the specified data type. Resolve the issue and initiate the sync for this dataset again.
If you receive a notification from this webhook, it means data has been updated for the specified data type. This can include new, updated or deleted data. You should then refresh the data in your platform.