When a repayment is received, it has to be reconciled with one or several loans so that these loans can be considered as REPAID. Excess amounts can be eligible for Redirection (money transferred from Aria to your company account).

We usually do the reconciliation ourselves and get you notified when it’s done.

You can also use our API to manage it yourself and have visibility on the reconciliation process.

Definition

The link between repayments, loans and redirections is materialized in our system by the Payment Reconciliation object.

A Payment Reconciliation has a balance:

• A negative balance indicates missing repayments.
• A balance of 0 indicates that the reconciliation is settled, related loans are REPAID, and no redirection is expected.
• A positive balance indicates extra money received, which can be used to repay other loans or is eligible for redirection.

Loan status update

Each time a repayment is reconciled, we check the balance to determine if any loans should be repaid.

• If the balance is positive, all loans are repaid.
• If the balance is negative, some loans may be marked as REPAID, while others remain in TO_REPAY or PAST_DUE due to insufficient funds.
  The rule is: the earliest created loans are repaid first.

How to manage reconciliation

Option 1: Automated Instant Reconciliation

When a debtor makes a repayment the best approach is to provide the repaymentReference to the debtor. This allows us to automatically and instantly reconcile the Repayment with the repaid Loans.

To repay a single Loan, use the repaymentReference located on the loan resource.

To repay multiple Loans, use the repaymentReference located on the paymentReconciliation resource that you have created.

Option 2: Manual Reconciliation

If a repayment is received but cannot be reconciled automatically using the repaymentReference, you can reconcile it afterwards using our APIs.

1. Create a paymentReconciliation specifying the repayments and loans to be reconciled. One repayment can be used for several Payment Reconciliation by providing the amount to allocate to each.
2. If the repayment amount equals or exceeds the loan amount, the loan(s) are REPAID.

Option 3 - Manual Reconciliation by our team

If the repayment does not include a repaymentReference and you do not provide reconciliation instructions via the paymentReconciliation endpoint, our team will attempt to reconcile the repayment and contact you if additional information is needed.

Please note that manual reconciliation may require extra time.

Redirections

When the repaid amount exceeds the loan amount (e.g., amount received for an invoice we did not finance entirely), we will redirect the excess amount to you, following the process defined during the implementation workshops.

Automated reconciliation rules

We proceed to automated reconciliation, if the following criteria are respected:

• repaymentReference is contained in the transfer label.
• it matches an existing repaymentReference in our system (we have a tolerance to human typos).
• Loan and Repayment currencies are the same.

There is no rule regarding the amount.

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As an example, the repayment labels abfe9ohole, abfE9Oh01e or repayment ACME n°abfE9Oh0le 24/07/2025 would match the repaymentReference ABFE90HOF1E.