Glossary

Term Description
Partner Location Partner Location distinguishes between multiple physical locations and funding methods. Contacts, both within and outside of DLL, can be assigned at the site level to ensure communications are sent to the applicable interested parties. A Partner can have multiple locations. Each such Partner Location can have access to multiple Financial Programs.
Financial Program A Financial Program refers to the various financing options available to customers, configured according to the terms outlined in a Program Agreement. These options can include leasing, flexible payment terms, end-of-contract options, and more, depending on the negotiated conditions.
Financial Products Financial Products refer to the specific financing plans available to customers, such as fixed or variable rate loans, or operating and financial leases. The available Financial Products with the details of the corresponding finance structures and pre-configured rates can be retrieved using the Program Search and Retrieval APIs.
Assets Assets refer to the specific equipment or items being financed. Use the Program Asset Catalog APIs to retrieve Asset details.
Finance Calculation Before submitting a Finance Application, you can perform Finance Calculations to generate price quotes based on various combinations of Assets, Financial Products, and related application attributes. These quotes provide an estimate of the payment based on the provided parameters, allowing users to assess costs before submitting an application. You can generate quotes using the Pricing Information and Calculations APIs.
Finance Application Finance Applications allow you to: apply for finance, be assessed for creditworthiness, obtain a Finance Agreement, retrieve the current status details for a previously submitted application, and make changes to the application. Use the Finance Application APIs to submit a new Finance Application, or to retrieve the status of, or edit, an existing one. Before submitting a Finance Application, you can perform Finance Calculations.