Reading lender matches on a deal

Sending a deal to a lender whose box it does not fit wastes the lender's time, your credibility and the merchant's patience. The match matrix checks every active lender program's criteria against this deal and shows the result, so you submit to the lenders that can actually say yes.

• The header says how many lender programs fit and when matching last ran. It re-runs whenever the deal, statements or positions change; the refresh icon runs it now.
• Above the table: the deal's key facts (revenue, time in business, top owner FICO, positions, requested amount). If revenue says it is merchant-stated, there is no statement analysis yet.
• Groups along the top: All, Eligible, Warnings, Needs data and Ineligible.
• Each row is a lender program of the deal's product, with its Score and an estimated maximum amount. Each cell is one criterion: Meets (green), Warning (amber), Fails (red), No data (grey). Hover a cell for the rule and the gap.
• The Readiness column shows Ready when the deal has every application field and document that lender requires, or what is missing, with links to the Application tab and to Documents & stips. A lender with its own requirements and missing data is marked Needs data.
• A Near miss badge (for example FICO short by 15) means the deal misses one hard rule by a small margin: worth asking the lender for an exception.
• A Missing badge lists the data that lender needs before it can decide.

1. 1Open the deal and the Lenders tab.
2. 2If the blue box says lender programs need more data, fix those fields first (often the statement analysis, the owner's FICO or the merchant's industry). The matrix updates by itself.
3. 3Look at Eligible first, then Warnings. Read each warning: a soft rule the deal misses may still be fine for this lender.
4. 4Check Near miss lenders you have a good relationship with.
5. 5Tick the three to five lenders you will submit to, or click Select eligible, then Submit (see Sending a submission).

• A lender already on this deal shows its submission status next to its name, so you do not submit twice by accident.
• Ineligible is not always final, but submitting to an ineligible lender requires a reason that goes to the audit log.
• If the section shows a locked notice, lender matching is not switched on for your organization. Submissions are started from this section, so ask your owner about it.