Create a loan offer

Use this endpoint to define the lending parameters for a new offer — amount range, interest, repayment rate, and term length. For a full overview of the offer object and its lifecycle, see Loan Offers.

curl -XPOST https://api.paymongo.com/v1/capitals/lenders/offers -H "Content-Type: application/json" -d \
'{
  "name": "SME Working Capital Q2",
  "loan_type": "term",
  "currency": "PHP",
  "min_amount": 10000000,
  "max_amount": 50000000,
  "amount_increment": 1000000,
  "interest_fee": 500,
  "interest_fee_type": "bps",
  "repayment_rate": 1000,
  "repayment_rate_type": "bps",
  "min_term": 1,
  "min_term_type": "month",
  "max_term": 12,
  "max_term_type": "month" 
}'

All fields below are required. max_amount must exceed min_amount. The offer is created in active status immediately and is available for account invitations.

Field	Type	Description
`name`	string	Display name for the offer. Shown to merchants in the Capital Dashboard.
`loan_type`	string	`term` or `revolving`. See Loan offer for behavioral differences.
`min_amount`	integer	Minimum principal a merchant can request, in centavos.
`max_amount`	integer	Maximum principal a merchant can request, in centavos. Must exceed `min_amount`.
`amount_increment`	integer	Step size for principal selection, in centavos (e.g., `1000000` = PHP 10,000 increments).
`interest_fee`	integer	Interest charged on the loan. Interpreted as basis points when `interest_fee_type` is `bps`.
`interest_fee_type`	string	`bps` (basis points, e.g. `500` = 5%) or `fixed` (fixed centavo amount).
`repayment_rate`	integer	Percentage of daily settled proceeds collected toward repayment. Interpreted as basis points when `repayment_rate_type` is `bps`.
`repayment_rate_type`	string	`bps` (basis points, e.g. `1000` = 10%) or `fixed` (fixed centavo amount per cycle).
`min_term`	integer	Minimum loan term length.
`min_term_type`	string	Unit for `min_term`: `week` or `month`.
`max_term`	integer	Maximum loan term length.
`max_term_type`	string	Unit for `max_term`: `week` or `month`.

Updated about 3 hours ago