{"title":"Renew a grant","category":"default","creationDate":1781532753,"content":"

Limited availability<\/strong><\/span><\/span>
\nGrant renewal is currently in a pilot phase. To request access, reach out to your Adyen contact.<\/p>\n

\n

Users do not have to wait until the prior grant is fully repaid to receive additional financing. When a grant is partially paid off and meets eligibility requirements for grant renewal<\/a>, you can configure a subsequent grant. Adyen disburses the full subsequent grant amount and reserves the outstanding principal of the prior grant for repayment.<\/p>\n

This page covers the process of renewing a grant.<\/p>\n

\n

Throughout this page, prior grant<\/em> refers to the active grant that is being renewed, and subsequent grant<\/em> refers to the new grant that renews it.<\/p>\n<\/div>\n

Requirements<\/h2>\n

Before you begin, take into account the following requirements, limitations, and preparations.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Requirement<\/th>\nDescription<\/th>\n<\/tr>\n<\/thead>\n
Integration type<\/strong><\/td>\nYou must have an Adyen for Platforms integration that supports Capital.<\/td>\n<\/tr>\n
API credentials<\/strong><\/td>\nYou must have a Balance Platform API key<\/a> (for example, ws[_123456]@BalancePlatform.[YourBalancePlatform]<\/strong><\/span>) to access the Capital API<\/a>.Your API credential must have the following roles:
  • Balance Platform Capital Configuration role<\/strong><\/li>
  • Balance Platform Capital Grant Initiation role<\/strong><\/li><\/ul><\/td>\n<\/tr>\n
Capabilities<\/strong><\/td>\nMake sure that your user has the following capabilities<\/a>:
  • getGrantOffers<\/strong><\/span><\/li>
  • receiveGrants<\/strong><\/span><\/li><\/ul><\/td>\n<\/tr>\n
Webhooks<\/strong><\/td>\nSubscribe to the following webhooks:
Limitations<\/strong><\/td>\nCurrently, only one disbursement per grant is allowed. We are working on enabling multiple disbursements to different balance accounts.<\/td>\n<\/tr>\n
Setup steps<\/strong><\/td>\nBefore you begin, make sure: