# Lending
source: https://developer.mastercard.com/open-finance-au/documentation/usecases/lending/index.md

As a lender, use our Lend products to increase efficiency, reduce cost and improve the lending experience for you and your borrowers. Our Lend products integrate seamlessly into your workflow and help you assess a borrower's income, expenses, insights and assets - giving you access to information you need to make confident lending decisions.

## How It Works {#how-it-works}

Use [Affordability](https://developer.mastercard.com/open-finance-au/documentation/products/affordability/index.md), [Verification of Income](https://developer.mastercard.com/open-finance-au/documentation/products/voi/index.md) and [Verification of Assets](https://developer.mastercard.com/open-finance-au/documentation/products/voa/index.md) to assess a borrower's financial position. Access income, expense, insight, asset, account balance and other relevant account data in automatically generated reports.

* To be able to fetch any customer financial data, you will need a Consent Receipt ID. Subscribe to [Consent Notifications](https://developer.mastercard.com/open-finance-au/documentation/consent/consent-notifications/index.md) to retrieve this, as well as to be informed about consent lifecycle events so that you can treat the received data in accordance with CDR regulations.

* As the next step, generate a Connect URL to launch the [Connect Application](https://developer.mastercard.com/open-finance-au/documentation/connect/index.md) that allows your customers to link their accounts and provide you the permission to access their financial data through Mastercard Open Finance. Connect application is the only way you can allow your customers to link their accounts and is mandatory for integrating with any Mastercard Open Finance APIs.

* With additional [Webhooks](https://developer.mastercard.com/open-finance-au/documentation/connect/webhooks/index.md) your application can receive notifications about Connect events and to listen for when reports have been generated. You can use the following webhooks - [Connect Webhooks](https://developer.mastercard.com/open-finance-au/documentation/connect/webhooks/index.md#connect-webhooks), [Report Webhooks](https://developer.mastercard.com/open-finance-au/documentation/connect/webhooks/index.md#report-webhooks) and [Custom Webhooks](https://developer.mastercard.com/open-finance-au/documentation/connect/webhooks/index.md#custom-webhooks).

* As a lender, you can integrate Mastercard Lend products into your loan origination process to use the best reports for what you need and when you need it. Lenders can generate reports using Connect Application or by directly integrating the APIs.

  * Use [Verification of Assets (VOA)](https://developer.mastercard.com/open-finance-au/documentation/products/voa/index.md) for all transaction, savings, term deposits, and investment accounts for the given customer. This service retrieves 6 months of transaction history for each account.

  * Use [Verification of Income (VOI)](https://developer.mastercard.com/open-finance-au/documentation/products/voi/index.md) to retrieve up to 12 months of validated banking data and provide an analysis of both active and inactive income streams. Receive a view of any given customer's income by analyzing data collected directly from a customer's accounts.

  * Use [Affordability](https://developer.mastercard.com/open-finance-au/documentation/products/affordability/index.md) to retrieve up to 12 months of transaction history and validate the financial position of an individual customer with reference to their income and expenses.

  * [Get Reports by Customer](https://developer.mastercard.com/open-finance-au/documentation/api-reference/index.md#GetReportsByCustomer) to retrieve the generated reports.

Diagram usecase_lend

## APIs Used {#apis-used}

* [Generate Connect URL](https://developer.mastercard.com/open-finance-au/documentation/api-reference/index.md#GenerateConnectUrl)
* [Generate Verification of Assets (VOA) report](https://developer.mastercard.com/open-finance-au/documentation/api-reference/index.md#GenerateVOAReport)
* [Generate Verification of Income (VOI) report](https://developer.mastercard.com/open-finance-au/documentation/api-reference/index.md#GenerateVOIReport)
* [Generate Affordability Report](https://developer.mastercard.com/open-finance-au/documentation/api-reference/index.md#GenerateAffordabilityReport)
* [Get Reports by Customer](https://developer.mastercard.com/open-finance-au/documentation/api-reference/index.md#GetReportsByCustomer)

## See More {#see-more}

### Quick Start Guide {#quick-start-guide}

Get started with using Mastercard Open Finance APIs in less than 30 minutes.   

[Get Started](https://developer.mastercard.com/open-finance-au/documentation/quick-start-guide/index.md)

### API Reference {#api-reference}

Find detailed explanation of all resources available through Mastercard Open Finance API.   

[Learn More](https://developer.mastercard.com/open-finance-au/documentation/api-reference/index.md)