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TFS Release Notes
TFS Release Notes
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When “residential_status” value for an “individual_applicant” mortgaged/buying a “HOME_PROPERTY” type must be provided.
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We have been working directly with Macquarie enabling us to support their new web submission service.


Info

See this article for detailed information on submitting to Macquarie.


To use the new service you will need to do the following.

Add the new external system credentials

In TFS Administration ;

  1. Select Security / User.
  2. Click on the User Group of the user whose credentials you are going to add.
  3. Click on the relevant user.
  4. Click on Edit.
  5. Click on External Systems,
  6. Select New.
  7. Select Maclease - Macquarie Apigee Online Application System.
  8. Enter the User Name  for the Macquarie Apigee system
  9. Enter the Password for the Macquarie Apigee system
  10. Click Ok.

Supported Applicant/Application Types

The following types of applicants and application types are supported through the Macquarie Apigee system.

Rental Rules
AreaRule
Company applicantNot supported
Trust applicantNot supported
Company GuarantorNot supported
Individual guarantorNot supported
Landlord nameMust be provided when “residential_status” is  RENTING
Landlord phoneMust be provided when “residential_status” is  RENTING
Previous addressMandatory if the individual has been residing at the current residential for less than two years
Assets
Applicant Type

Supports
ChattelSSA

Supports RentalsSupports Novated LeasesNOTES
Individual applicantsYYNot Available Y

Mandatory for finance _ type “CONSUMER_LOAN” and “NOVATED_LEASE” and optional for “finance_type” “CHATTEL_MORTGAGE”Novated Lease and optional for finance type SSA. Can be used for co-applicant or co-borrower spouse as well.

Maximum 2 individual applicants for each application. 

For CHATTEL_MORTGAGE” SSA when the applicant is of the type “individual_applicant” individual applican” only 1 individual applicant is allowed for the application

Company applicantYNNot Available NOnly applicable when “finance_type” = “CHATTEL_MORTGAGE”.finance type is SSA
Trust applicantYNNot Available NOnly applicable when “finance_type” = “CHATTEL_MORTGAGE”.finance type is SSA
PartnershipYNNOnly applicable when “finance_type” = “CHATTEL_MORTGAGE”.

Maclese Rules

It supports the following types of applications

  • Chattel mortgage
  • Novated Lease
  • Rental
Note

While the Maclease Apigee system supports Consumer Loans at this point you cannot submit them from The Finance Shop.

Note

Specific Security Agreements - Maclease still refers to these as Chattel Mortgage.

Chattel Mortgage Rules

AreaRuleContract TypeMust be one of the following values.
• STANDARD
• CREDIT LIMIT
• MASTER AGREEMENT
• MASTER DRAWDOWNIndividual applicantWhen applicant is of the type “individual_applicant” only 1 individual applicant is allowed for the application.Company applicantOnly applicable when “finance_type” = “CHATTEL_MORTGAGE”.Trust applicantOnly applicable when “finance_type” = “CHATTEL_MORTGAGE”.Individual guarantorNot applicable for if “individual_applicant_type” = “INDIVIDUAL” and “sole_trader” = true.Company GuarantorOnly applicable for “CHATTEL_MORTGAGE” finance type.Partnership GuarantorOnly applicable for “CHATTEL_MORTGAGE” finance type.Marital statusMandatory when an individual applicant.Number of dependentsMandatory when an individual applicant.Accountant firm nameMandatory when “finance_type” =“CHATTEL_MORTGAGE” and “individual_applicant”, “individidual_trustee” or “individual_partner” element is sent in request.Accountant contact phoneMandatory when “finance_type” =“CHATTEL_MORTGAGE” and “individual_applicant”, “individidual_trustee” or “individual_partner” element is sent in request.Accountant contact nameMandatory when “finance_type” =“CHATTEL_MORTGAGE” and “individual_applicant”, “individidual_trustee” or “individual_partner” element is sent in request.Landlord nameMust be provided when “residential_status” is  RENTINGLandlord phoneMust be provided when “residential_status” is  RENTINGPrevious addressMandatory if the individual has been residing at the current residential for less than two yearsEmployer ABNThe ABN of the company the individual works at. Must be provided when the “finance_type” is “CHATTEL_MORTGAGE” and sole_trader value is “YES”Business activityBusiness activity of the company where the sole trader is working in a personal capacity. Must be provided when the “finance_type” is“CHATTEL_MORTGAGE” and sole_trader value is “YES”Previous employerNeed to be provided if the individual has been with the current employer for less than 2 years.AssetsWhen “residential_status” value for an “individual_applicant” mortgaged/buying a “HOME_PROPERTY” type must be provided.

Novated Lease Rules

AreaRuleCompany applicantNot supportedTrust applicantNot supportedIndividual guarantorNot supportedCompany GuarantorNot supportedMarital statusMandatoryNumber of dependentsMandatoryLandlord nameMust be provided when “residential_status” is  RENTINGLandlord phoneMust be provided when “residential_status” is  RENTINGPrevious addressMandatory if the individual has been residing at the current residential for less than two yearsEmployer ABNMandatoryAssetsWhen “residential_status” value for an “individual_applicant” mortgaged/buying a “HOME_PROPERTY” type must be provided.
Not Available NOnly applicable when finance type is SSA