There are several key reasons why loan originators use Debitum as an additional funding source:
Liquidity: The platform provides on-demand financing. This is crucial when a loan originator has a quickly growing portfolio and needs immediate access to working capital.
Speed: Our due diligence and onboarding process is significantly faster compared to standard liquidity providers (like banks or investment funds), allowing loan originators to access additional funding faster.
Flexibility: Our partners are not constrained by fixed interest rates or harsh covenants that would limit their operations. Loan originators can offer different interest rates and asset terms, as long as they comply with our evaluation criteria.
Eligibility: Many large investment funds and banks have high minimum investment criteria that smaller financing companies cannot meet. Debitum provides an opportunity for these smaller companies to access funding at favorable conditions.
Diversification: Loan originators are usually not willing to rely on only one financing source. They seek diversification by acquiring funds from several sources, and Debitum is an important part of that strategy.