---
title: "Create business fronting loan or fronting factoring application"
method: POST
path: "/v1/businesses/{business_id}/fronting_loan_applications"
tags: ["Business fronting"]
---

# Create business fronting loan or fronting factoring application

`POST /v1/businesses/{business_id}/fronting_loan_applications`

Creates a fronting loan or fronting factoring application and assigns it to the business with the `business_id` specified in the request URL. The payload of this endpoint includes all the required financial information and account data about the business, which the credit scorer uses to initiate a series of credit checks to determine the business's credit risk and eligibility.

## Path parameters

- `business_id` string, required

## Request body

- FrontingLoansWebBusinessCreateApplicationRequest
  - `agio` number, float — The credit commission amount.
  - `creditreform_pd` string — The business's probability of default as scored by any credit risk service provider, e.g., Creditreform.
  - `creditreform_score` integer — The business's credit score as scored by any credit risk service provider, e.g., Creditreform.
  - `duration` integer — The number of months over which the loan will be repaid.
  - `effective_interest_rate` number, float — The effective annual interest rate applied to the loan.
  - `factoring_fee` SolarisToolkitWebMoney
    - `currency` string, required — The currency of the given value. Only EURO is currently supported.
    - `unit` 'cents', required — The unit of the given value.
    - `value` integer, required — The amount value
  - `minimum_credit_risk_criteria` object, nullable — Minimum credit risk criteria fields for scorer
  - `nominal_interest_rate` number, float — The nominal interest rate applied to the loan.
  - `partner_contact_name` string — Your internal contact name for the business.
  - `partner_contact_number` string — Your internal contact number for the business.
  - `partner_reference_number` string — our internal reference number for the business. Acts as an idempotency key.
  - `partner_score` string — The score assigned to the business by your internal scoring flow.
  - `purpose` string — The purpose of the loan.
  - `purpose_description` string — Additional information about the purpose of the loan.
  - `recipient_iban` string — The IBAN of the loan's recipient, to which the loan will be paid out.
  - `recipient_name` string — The name of the loan recipient.
  - `requested_amount` SolarisToolkitWebMoney, required
    - `currency` string, required — The currency of the given value. Only EURO is currently supported.
    - `unit` 'cents', required — The unit of the given value.
    - `value` integer, required — The amount value
  - `transaction_description` string — The transaction reference, which the recipient will see. Only use characters allowed by SEPA in this field.
  - `transaction_end_to_end_id` string — SEPA identifier (provided by the end customer who initiated the SEPA transaction), routed through the whole payment process. (Max 35 characters without whitespace)

## Response `201`

Application

- FrontingLoansWebBusinessGetApplicationResponse
  - `agio` number, float, nullable — The credit commission amount.
  - `creditreform_pd` string, nullable, required — The business's probability of default as scored by any credit risk service provider, e.g., Creditreform.
  - `creditreform_score` integer, nullable, required — The business's credit score as scored by any credit risk service provider, e.g., Creditreform.
  - `duration` integer, nullable — The number of months over which the loan will be repaid.
  - `effective_interest_rate` number, float, nullable — The effective annual interest rate applied to the loan.
  - `id` string, required — The unique ID of the business fronting loan application.
  - `identification_id` string, nullable — The unique ID of the identification resource created for the business.
  - `minimum_credit_risk_criteria` object, nullable — Minimum credit risk criteria fields for scorer
  - `nominal_interest_rate` number, float, nullable — The nominal interest rate applied to the loan.
  - `partner_contact_name` string, nullable — Your internal contact name for the business.
  - `partner_contact_number` string, nullable — Your internal contact number for the business.
  - `partner_reference_number` string, required — Your internal reference number for the business. Acts as an idempotency key.
  - `partner_score` string, required — The score assigned to the business by your internal scoring flow.
  - `purpose` string, required — The purpose of the loan.
  - `purpose_description` string, nullable — Additional information about the purpose of the loan. In case of factoring, include the invoice number and reference in this field.
  - `recipient_iban` string, required — The IBAN of the loan's recipient, to which the loan will be paid out.
  - `recipient_name` string, required — The name of the loan recipient.
  - `requested_amount` SolarisToolkitWebMoney, required
    - `currency` string, required — The currency of the given value. Only EURO is currently supported.
    - `unit` 'cents', required — The unit of the given value.
    - `value` integer, required — The amount value
  - `status` 'scoring_pending' | 'risk_report_pending' | 'pending' | 'identification_pending' | 'cdd_pending' | 'approved' | 'rejected' | 'loan_created', required — The status of the business fronting loan application.
  - `transaction_description` string, nullable — The transaction reference, which the recipient will see. Only use characters allowed by SEPA in this field.
  - `transaction_end_to_end_id` string, nullable — SEPA identifier (provided by the end customer who initiated the SEPA transaction), routed through the whole payment process. (Max 35 characters without whitespace)

## Other responses

- `400` — Invalid request
- `403` — Forbidden
- `404` — Not Found
- `422` — Unprocessable Entity

---

[API](https://skmtc.net/solarisgroup/apis/fronting.md) · [All operations](https://skmtc.net/solarisgroup/apis/fronting/llms.txt) · [OpenAPI document](https://skmtc-service-staging.skmtc.workers.dev/v1/apis/solarisgroup/fronting/revisions/7fb31ddc103c/schema)