Loan Reference IDs Implementation for Flow 2.0
Introduction
As part of our ongoing efforts to improve the user experience and streamline loan management processes, we are pleased to announce the implementation of Loan Reference IDs in Flow 2.0.
What are Loan Reference IDs?
Loan Reference IDs serve as an identifier for loan records, providing an easy and consistent method to access, search, and process loans across URLs, Loan Pages, and the Dashboard.
URLs
We are transitioning from using universally unique identifiers (UUIDs; the long strings of characters following “loanEnquiry::” in the first URL) to sequential numbers which are more intuitive to manage, reference, and communicate.
Key Updates
- Automatic Assignment of loanRefIds:
– For all new loans processed in Flow 2.0, loanRefIds will be assigned automatically.
– These IDs will increase sequentially; each enquiry submitted will get its own unique ID. - Manual Assignment for Existing Loans:
– For the existing loans, loanRefIds have been assigned retroactively.
– The assigned IDs match the corresponding deals in Flow 1.0 where possible to ensure continuity between the systems and accuracy in historical data referencing. - Manual Prefix Assignment:
– Each lender will have a manually set prefix string. For us, this is ‘BRYDG’.
– Prefixes are configured on a lender-by-lender basis, allowing flexibility for different lenders.
Transition from UUIDs
Previously, loan pages were accessed using the structure ‘loanEnquiry::uuid’ (as seen in the URL image above). Moving forward, loanRefIds can also be used for these purposes (as in URLs).
Benefits
- Streamlines loan management by introducing a consistent, easy-to-locate identifier.
- Simplifies reporting, searching, and tracking processes across our systems.
We will continue to assist with the transition and welcome your feedback via our Feedback widget on the platform.
