Business fronting

Retrieve business fronting loan

Returns all the details of an existing business fronting loan, assigned to the customer with the business_id specified in the request URL. Additionally, subscribe to the webhook event BUSINESS_FRONTING_LOAN_PAYOUT to receive status updates about the loan.

get/v1/businesses/{business_id}/fronting_loans/{loan_id}

Path parameters

business_idstring required

The ID of the business that has the fronting loan.

loan_idstring required

The ID of a fronting loan associated with a specific business.

Response

Loan

agionumber float required

The credit commission amount.

application_idstring required

The unique ID of the business fronting loan application.

collateral_account_ibanstring required

Your Solaris prefund account from which the full loan amount (agio + net loan amount) must be transferred to Solaris' settlement account.

collection_account_ibanstring required

Your account to which the agio is transferred.

durationinteger required

The number of months over which the loan will be repaid.

effective_interest_ratenumber float required

The effective annual interest rate applied to the loan.

idstring required

The unique ID of a business fronting loan.

nominal_interest_ratenumber float required

The nominal interest rate applied to the loan.

recipient_ibanstring required

The IBAN of the loan's recipient, to which the loan will be paid out.

recipient_namestring required

The name of the loan recipient.

settlement_account_ibanstring required

The Solaris settlement account from which the loan amount is transferred to the business's account.

status'payout_pending' | 'payout_issued' required

The status of the business fronting loan.

status_reason'closed' | 'terminated' nullable

The status reason of the business fronting loan.

Example response

{
  "amount": {
    "currency": "EUR",
    "unit": "cents",
    "value": 1000
  },
  "application_id": "89d4eaaa73ec4a73a0b9d40fb5d9da9cbfla",
  "collateral_account_iban": "DE85110101014480677574",
  "collection_account_iban": "DE87110101001000057123",
  "duration": 24,
  "effective_interest_rate": 0.309,
  "id": "13651d2f3a274e768ec6d45b036e0f14bflo",
  "nominal_interest_rate": 0.299,
  "recipient_iban": "DE92370601930002130041",
  "recipient_name": "Max Mustermann",
  "settlement_account_iban": "DE07110101014503906016",
  "status": "payout_issued",
  "status_reason": "closed"
}