API Reference

iBranch Overview

Welcome to the future of embedded finance.

What is the Lendica iBranch?

The iBranch is Lendica's embedded finance solution designed for vertical SaaS platforms. It's a powerful widget that seamlessly integrates into your existing software, providing your business customers with instant access to flexible financing options without leaving your platform.


💭

If you have your partner credentials:

You can get the iBranch up and running quickly using this recipe.

🦉
iBranch
Open Recipe

Key Features

  1. Seamless Integration: The iBranch blends into your platform's user interface, providing a native experience for your users.

  2. Multiple Financing Products: It offers access to Lendica's suite of financial products, including PayLater for inventory financing and FundNow for accounts receivable financing.

  3. Real-time Offers: Users can view instant, pre-qualified offers based on their business data within your platform.

  4. Streamlined Application Process: The iBranch simplifies the financing application process, allowing users to apply and receive funds without leaving your platform.

  5. Customizable: The iBranch can be tailored to match your platform's branding and user experience.

Who is it for?

The iBranch is ideal for vertical SaaS platforms serving small to medium-sized businesses (SMBs) across various industries. It's particularly beneficial for:

  • ERP (Enterprise Resource Planning) systems
  • CRM (Customer Relationship Management) platforms
  • Accounting software
  • Inventory management systems

By integrating the iBranch, you can offer your customers a valuable financial service, enhancing your platform's capabilities and potentially creating a new revenue stream through partnership with Lendica.




Products offered in the iBranch

PayLater

PayLater is an accounts payable financing solution that boosts buying power by allowing businesses to extend their payment terms with vendors. This service gives companies the flexibility to pay their vendors later, enabling smoother cash flow management.

How it Works:

  1. Receive Bill from Vendor: The business receives a bill for payment within your platform.

  2. Select PayLater Option: The business opts to finance the bill using PayLater.

  3. Lendica Pays Vendor: Lendica settles the payment with the vendor on behalf of the business.

  4. Receive Goods/Services: The business proceeds to receive goods or services as usual.

  5. Repay Over Time: The business repays Lendica over an agreed period with manageable installments.

FundNow

FundNow provides accounts receivable financing, allowing businesses to speed up their cash flow by getting advances on their invoices without waiting for customers to pay. This service enables quicker access to funds, helping businesses operate more efficiently.

How it Works:

  1. Issue Invoice to Customer: The business issues an invoice through your platform.

  2. Select FundNow Option: The business opts to receive immediate funds against the invoice.

  3. Get Cash Advance from Lendica: Lendica advances the cash amount based on the invoice's value.

  4. Customer Pays Invoice: The customer pays the invoice amount directly to Lendica.

  5. Settle Any Remaining Balance: Any differences are settled between Lendica and the business.

DrawDown

DrawDown offers revenue-based financing, giving businesses access to non-dilutive capital for scaling and growth. This service allows businesses to draw cash quickly and affordably without giving up equity.

How it Works:

  1. Identify Funding Need: The business identifies a need for additional capital.

  2. Request Funding Amount: The business requests the specific amount of funding required through the widget.

  3. Receive Funds from Lendica: Lendica provides the funds directly to the business.

  4. Automated Repayments: Payments are automatically calculated based on the business's revenue performance.

  5. Flexible Repayment Terms: The business can pay back early without penalties.