The Fast Track Onboarding API is designed for partners who want to provide financing to their merchants, and need YouLend to:
- perform KYC and AML-related checks as required by regulation,
- disburse funds to the merchant (but where partner is ultimately bringing the capital and taking the risk), and
- manage repayments and reconciliation.
Please refer to Onboarding API if you expect YouLend to provide capital and carry the risk of potential defaults.
Good to know
If you would like to learn more about fast track onboarding before exploring the API reference, visit the Introduction to Onboarding
Fast Track Onboarding Webhooks
YouLend has some event codes specific to Fast Track Onboarding, please see the table below for more information regarding each event.
Event Code | Description |
---|---|
FAS10002 | Potential problems with KYC checks, please provide additional information |
FAS10003 | Fast Track KYC Checks Rejected |
FAS10007 | Fast Track Kyc Checks Completed |