Templates
Templates in Canopy are collections of policies that work together to define how your lending product behaves. They provide a powerful way to standardize and reuse your configurations while maintaining flexibility for different lending scenarios.
Understanding Templates
Think of a template as a blueprint for your lending product. It brings together all the policies needed to create and manage financial products like credit cards, charge cards, lines of credit, or term loans. Instead of configuring individual policies each time you create a new account or loan, you can apply a template that includes all the necessary policies.
Pre-built Templates
Canopy provides several out-of-the-box templates to help you get started quickly:
| Name | Policies for: |
|---|---|
| Credit Card | - Revolving credit management - Monthly billing cycles - Grace period handling - Payment application - ... |
| Operational Line of Credit | - Business lending scenarios - Flexible draw periods - Custom billing arrangements - ... |
| Charge Card | - Full balance due each cycle - No revolving balance - Strict payment enforcement - ... |
| Term Loan | - Fixed repayment schedules - Amortization handling - Prepayment processing - ... |
A full list of templates available in your sandbox can be found using the get templates API for either Lines of Credit or Installment Loans
Creating Custom Templates
While our pre-built templates cover common scenarios, you can create custom templates through our API to match your specific lending program needs:
- Identify required policies at each entity level
- Use the Template Creation API to combine policies
- Apply your template when creating new accounts, lines, or loans
Template Management
Templates can be:
- Created and updated via API
- Versioned for tracking changes
- Applied to new or existing lending products
- Shared across your organization
Updated 6 days ago