> ## Documentation Index > Fetch the complete documentation index at: https://docs.layerfi.com/llms.txt > Use this file to discover all available pages before exploring further. # Archive a loan > Archives a loan. Archived loans are excluded from list responses. ## OpenAPI ````yaml delete /v1/businesses/{businessId}/loans/{loanId} openapi: 3.0.1 info: title: API version: latest servers: [] security: - BearerAuth: [] tags: [] externalDocs: url: / paths: /v1/businesses/{businessId}/loans/{loanId}: delete: tags: [] summary: Archive a loan description: Archives a loan. Archived loans are excluded from list responses. operationId: business.loans.loanId.delete parameters: - name: businessId in: path description: The UUID of the business. required: true schema: type: string format: uuid - name: loanId in: path required: true description: The UUID of the loan. schema: type: string format: uuid responses: '200': description: The archived loan. content: application/json: schema: type: object required: - data properties: data: $ref: '#/components/schemas/ApiLoan' components: schemas: ApiLoan: type: object description: >- A loan held by a business. Each loan has a dedicated child ledger (liability) account. required: - id - business_id - display_name - loan_type - loan_account - current_balance - origination_date - transaction_tags properties: id: type: string format: uuid description: Unique identifier for the loan. business_id: type: string format: uuid description: ID of the business that holds the loan. external_id: type: string nullable: true description: Unique ID of the loan in your system for linking purposes. display_name: type: string description: Human-friendly name for the loan. loan_type: $ref: '#/components/schemas/LoanType' loan_account: allOf: - $ref: '#/components/schemas/SingleApiChartAccount' description: The dedicated ledger (liability) account for this loan. current_balance: type: integer format: int64 description: Current outstanding balance of the loan, in cents. origination_date: type: string format: date description: Date the loan was originated. original_principal: type: integer format: int64 nullable: true description: >- Original principal, in cents. Present for `TERM_LOAN`, `MCA`, `LEASE`, and `EQUIPMENT_FINANCING`. credit_limit: type: integer format: int64 nullable: true description: Credit limit, in cents. Present for `LINE_OF_CREDIT`. fee_percentage: type: string nullable: true description: >- Fixed fee, expressed as a percentage in a decimal string (for example, `"15"` for a 15% fee). Present for `MCA` and `FLEX_LOAN`. loan_term_months: type: integer format: int32 nullable: true description: >- Loan term in months. Present for `TERM_LOAN`, `LEASE`, and `EQUIPMENT_FINANCING`. completed_at: type: string format: date-time description: When the loan was fully repaid, if applicable. nullable: true cancelled_at: type: string format: date-time description: When the loan was cancelled, if applicable. nullable: true archived_at: type: string format: date-time description: When the loan was archived, if applicable. nullable: true memo: type: string nullable: true description: Internal note about the loan. metadata: type: object additionalProperties: true nullable: true description: >- Arbitrary JSON object you can attach for your own use. Layer stores and returns it unchanged. reference_number: type: string nullable: true description: Reference number for the loan. transaction_tags: type: array items: $ref: '#/components/schemas/ApiTag' description: Tags applied to this record. LoanType: type: string description: The type of loan. enum: - TERM_LOAN - MCA - FLEX_LOAN - LINE_OF_CREDIT - LEASE - EQUIPMENT_FINANCING SingleApiChartAccount: type: object properties: type: type: string description: Resource type. Value will be `Single_Chart_Account`. example: Single_Chart_Account id: $ref: '#/components/schemas/AccountIdentifier' name: type: string description: Name of the account. example: Current Assets account_number: type: string nullable: true description: Account number if configured. example: '4000' stable_name: $ref: '#/components/schemas/AccountStableName' normality: $ref: '#/components/schemas/BankTransactionDirection' account_type: $ref: '#/components/schemas/ApiLedgerAccountType' account_subtype: $ref: '#/components/schemas/ApiLedgerAccountSubtype' description: A single ledger account without nested children. ApiTag: type: object properties: id: type: string format: uuid description: ID for the tag. key: type: string description: Key for the tag. example: ExampleTagKey dimension_display_name: type: string nullable: true description: Display name for the tag dimension. value: type: string description: Value for the tag. example: ExampleTagValue value_display_name: type: string nullable: true description: Display name for the tag value definition. dimension_id: type: string format: uuid description: ID of the tag dimension this tag belongs to. definition_id: type: string format: uuid description: ID of the tag value definition. archived_at: type: string format: date-time nullable: true description: When the tag was archived. required: - id - key - value - dimension_id - definition_id AccountIdentifier: oneOf: - $ref: '#/components/schemas/AccountId' description: ID of the account. title: Account ID - $ref: '#/components/schemas/AccountStableName' description: Stable name associated with the account. title: Account Stable Name AccountStableName: type: object required: - type - stable_name properties: type: type: string enum: - StableName description: Resource type. Value will be `StableName`. example: StableName stable_name: type: string example: CURRENT_ASSETS description: Stable name of the account. BankTransactionDirection: type: string enum: - CREDIT - DEBIT ApiLedgerAccountType: type: object properties: value: $ref: '#/components/schemas/LedgerAccountType' description: Type of the account. display_name: type: string description: Display name of the account type. example: Asset ApiLedgerAccountSubtype: type: object properties: value: $ref: '#/components/schemas/LedgerAccountSubtype' display_name: type: string description: Display name of the account subtype. example: Current Assets AccountId: type: object required: - type - id properties: type: type: string enum: - AccountId description: Resource type. Value will be `AccountId`. example: AccountId id: type: string format: uuid description: ID of the account. LedgerAccountType: type: string enum: - ASSET - LIABILITY - EQUITY - REVENUE - EXPENSE LedgerAccountSubtype: type: string enum: - BANK_ACCOUNTS - ACCOUNTS_RECEIVABLE - INVENTORY - PAYMENT_PROCESSOR_CLEARING_ACCOUNT - FIXED_ASSET - ACCUMULATED_DEPRECIATION - CASH - UNDEPOSITED_FUNDS - CURRENT_ASSET - NON_CURRENT_ASSET - PREPAID_EXPENSES - DEVELOPMENT_COSTS - LOANS_RECEIVABLE - INTANGIBLE_ASSET - ACCOUNTS_PAYABLE - CREDIT_CARD - TAXES_PAYABLE - INCOME_TAXES_PAYABLE - SALES_TAXES_PAYABLE - OTHER_TAXES_PAYABLE - PAYROLL_TAXES_PAYABLE - UNEARNED_REVENUE - PAYROLL_LIABILITY - PAYROLL_CLEARING - LINE_OF_CREDIT - TIPS - REFUND_LIABILITIES - UNDEPOSITED_OUTFLOWS - OUTGOING_PAYMENT_CLEARING_ACCOUNT - OTHER_CURRENT_LIABILITY - LOANS_PAYABLE - NOTES_PAYABLE - SHAREHOLDER_LOAN - NON_CURRENT_LIABILITY - CONTRIBUTIONS - DISTRIBUTIONS - COMMON_STOCK - PREFERRED_STOCK - ADDITIONAL_PAID_IN_CAPITAL - RETAINED_EARNINGS - ACCUMULATED_ADJUSTMENTS - OPENING_BALANCE_EQUITY - OTHER_EQUITY - SALES - UNCATEGORIZED_REVENUE - RETURNS_ALLOWANCES - DIVIDEND_INCOME - INTEREST_INCOME - OTHER_INCOME - COGS - OPERATING_EXPENSES - PAYROLL - TAXES_LICENSES - UNCATEGORIZED_EXPENSE - CHARITABLE_CONTRIBUTIONS - LOAN_EXPENSES - FINANCE_COSTS - INTEREST_EXPENSES - DEPRECIATION - AMORTIZATION - BAD_DEBT - OTHER_EXPENSES securitySchemes: BearerAuth: type: http scheme: bearer bearerFormat: JWT ````