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Recurring Repayment Resources

This page provides an overview of the recurring repayment resource types available in the Unit API.

Recurring Repayment Types

Unit supports multiple recurring repayment resource types, each designed for different use cases:

Resource TypeDescriptionUse Case
RecurringAchRepaymentRecurring repayment via ACH debit from an external bank accountWhen funds are periodically pulled from accounts at other banks integrated with Unit
RecurringBookRepaymentRecurring repayment via internal book transferWhen funds are periodically transferred from a deposit account at the same bank partner
RecurringCapitalPartnerAchRepaymentRecurring ACH repayment directed to a Capital Partner's accountWhen using Unit Capital and recurring repayments should go to the Capital Partner
RecurringCapitalPartnerBookRepaymentRecurring book repayment directed to a Capital Partner's accountWhen using Unit Capital with funds from the same bank partner

Resource Schemas

Recurring ACH Repayment

A Recurring ACH Repayment represents an automated recurring repayment initiated via ACH debit from an external counterparty account.

See the full schema at RecurringAchRepayment Resource.

Recurring Book Repayment

A Recurring Book Repayment represents an automated recurring internal transfer from a deposit account at the same bank partner to pay down a credit account balance.

See the full schema at RecurringBookRepayment Resource.

Recurring Capital Partner ACH Repayment

A Recurring Capital Partner ACH Repayment is used when Unit Capital is providing the funds for the lending program and recurring repayments are collected via ACH.

See the full schema at RecurringCapitalPartnerAchRepayment Resource.

Recurring Capital Partner Book Repayment

A Recurring Capital Partner Book Repayment is used when Unit Capital is providing the funds and recurring repayments are made via internal book transfer.

See the full schema at RecurringCapitalPartnerBookRepayment Resource.

Common Attributes

All recurring repayment resources share these common attributes:

AttributeTypeDescription
idstringUnique identifier for the recurring repayment
typestringThe recurring repayment type (e.g., recurringAchRepayment, recurringBookRepayment)
statusstringCurrent status of the recurring repayment (Active or Disabled)
createdAtstringISO 8601 timestamp of when the recurring repayment was created
updatedAtstringISO 8601 timestamp of when the recurring repayment was last updated
scheduleobjectThe repayment schedule configuration
descriptionstringDescription that appears on the statement
tagsobjectOptional custom metadata

Common Relationships

RelationshipDescription
creditAccountThe Credit Account that the repayments are made against
customerThe Customer associated with the recurring repayment
accountThe Deposit Account where repayment funds are deposited (for non-Capital Partner repayments)
counterpartyThe ACH Counterparty the repayment funds come from (for ACH repayments)
counterpartyAccountThe Deposit Account the repayment funds are taken from (for Book repayments)

For complete schema definitions and all available attributes, see the Resources API reference.