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What if my client has existing debt? Can they still get approved?

How existing obligations affect a file, and what the matchmaking system does with them.

Written by Kaylan Pepin

Existing debt does not automatically disqualify anyone. It is a normal part of most files. Whether a specific lender will work with it depends on their criteria, which you can see on each lender profile.

What lenders look at

The overall financial picture: revenue, cash flow, debt service coverage, and the purpose of the new financing.

What the platform does with it

The matchmaking system uses these inputs to work out which lenders fit, and flags the ones your client does not currently qualify with. Lenders that are not a fit still appear in the list, marked with a red X, so you can see what ruled them out.

Click through the walkthrough above to see the match list and the reason sitting behind each indicator.

If existing debt is the sticking point, ask the AI to explain why a specific lender did or did not match.


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