Existing advance
Many Canadian files already carry an advance. They can be reviewed, with attention to payment history and how much of revenue is already committed.
✓ Checking what you qualify for does not affect your credit score.
From there the options are a second advance behind the first, a consolidation into one payment, or a refinance into a structure with a lower payment.
An open advance adds a fixed obligation that a reviewer must account for. The file is read as two things together: your deposits and the payment already leaving. If the payment is a modest share of monthly deposits and has been paid on time, a new request is approached as an extension of a working relationship, not as a risk.
If the existing payment is heavy, the options narrow, and the conversation moves to consolidation or refinance rather than a second advance.
Bring the existing agreement or a recent payoff figure, so the balance and payment are known. Add a statement showing the debits clearing in the last two months. If you hold more than one advance, list them in a single table with balance, payment and expected end date. A tidy table communicates control, which is itself reassuring.
It can be reviewed as second position. Payment history on the first matters most.
It narrows the options but does not close them.
Add up the monthly payments across advances and divide by monthly revenue.
Educational information only. It is not legal, tax or accounting advice.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
