FAQs

Frequently Asked Questions

You can log in to the XLR8 Partner Dashboard using your registered mobile number or email ID along with your password linked to your profile.

To get your UAT API key, please contact your Lendingkart Partnership SPOC after your lead source code is generated. Once the UAT integration is successfully completed and approved by the Lendingkart Product Team, your Production API key will be shared.

Please access the API documentation here – https://websitewp-qa-new.lendingkart.io/docs/xlr8/api/?shell#introduction

For any queries related to the Partner Dashboard or API integration, please reach out to us at help.xlr8@lendingkart.com. Our support team will be happy to assist you.

You can track all your loan applications directly through the XLR8 Partner Dashboard after logging in to your account. The dashboard allows you to filter and sort applications based on status, sub-status, and other parameters, making it easy to monitor each application’s progress in real time.

For all rejected applications, you can click on “View Rejection Reason” in the XLR8 Partner Dashboard to see the specific reason for rejection. You can also download the application report to view rejection details for all applications marked as rejected.

Go to the “Ask Management” page on the Partner Dashboard to check if any applications have pending queries. After collecting the required information or documents from the customer, click on “Resolve the Ask” to update the details and unblock the application for further processing.

You can download the MIS reports of your loan applications by using the “Report Download” feature in the XLR8 Partner Dashboard. This lets you access detailed reports of all your applications in just a few clicks.

The interest rate for a business loan is determined in accordance with the Company’s Interest Rate Policy, which is available on our website. It may vary based on factors such as the borrower’s credit profile, business performance, and overall risk assessment.

Eligibility for a business loan depends on several factors, including:
-Type of borrower: Self-employed individuals, proprietors, partnerships, start-ups, companies, traders, retailers, and wholesalers are generally eligible.
-Business profile: Lenders consider years in operation, business performance, credit history, revenue, and profitability.
Generally, both established and growing businesses can apply if they demonstrate stable operations and the ability to repay. New businesses may qualify with a strong business plan and proper documentation. Common requirements include proof of business (business registration, GST, Shop and Udyam registration etc.) financial documents (financial statements, tax returns, credit rating score etc.) It’s best to check the specific eligibility criteria set by the lender before applying.

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