Allied debts supported intervention but did not cause it

Were American loans to Britain and France a major reason the United States entered the First World War?

In this interpretation, they made an Allied collapse financially undesirable and muted some opposition to war, but they were not a sufficient cause of intervention.

Hugh Strachan's argument gives Allied debts a large role in American intervention. This answer accepts that lenders had a clear interest in Britain and France remaining solvent enough to repay their obligations, but it disputes the claim that money could take the country into war on its own. In this interpretation, the debt burden made business and financial groups less likely to oppose intervention on commercial grounds. It did not create popular support, a legal trigger, or a strategic reason to fight. Money is supporting context here rather than a sufficient cause.