Every deal is checked against the full rule set, and violations and exceptions surface before committee.
Cited to the policy.
Each finding cites the exact policy section and page, and the underwriter makes the final call.
Credit memo
The credit memo writes itself.
A complete memo, assembled from the documents and spreads already in the file.
Spread validated Policy checked
Generate credit memoMeridian Plaza LLC · $3,300,000 Term Loan
CREDIT MEMO
Meridian Plaza LLC · $3,300,000 Term Loan
July 29, 2026 · Aloan Lender
Borrower Information
BorrowerMeridian Plaza LLCAmount$3,300,000
GuarantorSusan CaldwellGuaranteeUnlimited
Loan Terms
Term60 moRate7.00%Payment$25,584.86
Loan Request Summary
Meridian Plaza LLC and Lakewood Commons, LLC own and manage Meridian Plaza, an 18,398 SF multi-tenant retail center in Fairview Park, Ohio. Constructed in 2005, the building maintains 100% occupancy across nine tenant suites1.
Income Statement Analysis
Line itemFY 2022FY 2023FY 2024
REVENUE$642,265$712,744$725,188
OPERATING EXPENSES$203,800$191,396$253,509
Net Income$438,465$521,348$471,679
Current property income is $464.4K as of September 20251.
Generating 1 of 3… Generating 2 of 3… Generating 3 of 3… Generated
Rent Roll (Sep 2025)Source
Wellness Depot Inc (4,586 SF)$162,001
Verde Fresh Grill (4,338 SF)$105,360
Total Rental Income$464,394
Every section drafted.
Borrower overview, financial analysis, risk factors, and recommendation arrive written and ready for the underwriter's review.
Every figure traceable.
Each number and finding links to the source document and page for full traceability.
Covenant monitoring
Covenant monitoring and loan review on autopilot.
Scheduled document collection keeps DSCR, leverage, and custom covenants in check after close.
Covenant Monitor0 of 3 received1 of 3 received2 of 3 received3 of 3 received
Q2 2026 collection · Meridian Plaza LLC
Reporting package due Jun 30 · requests sent automatically
Q2 2026 interim financial statementsRequested Received
Covenant compliance certificateRequested Received
Accounts receivable agingRequested Received
Reminders sent automatically until the package is complete
Testing covenants against Q2 financials… 3 of 3 covenants tested
DSCR Covenant
Min 1.25x required
Testing1.58xPass
Leverage Ratio
Max 3.5x allowed
Testing2.4xPass
Working Capital
Min $200K required
Testing$218KWatch
Early warning sent to the deal team
Working capital is within 9% of the $200K floor and trending down.
Annual Loan ReviewFile current
Meridian Plaza LLC · annual review due Aug 15
Collected and tested all year, so the file is ready before review starts.
Refreshed financial spreads
Updated through the Q2 2026 interims
Current financial statements
Collected on schedule each reporting period
Covenant test history
4 reporting periods tested · 1 early warning
Ratios recalculated
DSCR 1.58x · Leverage 2.4x · Working capital $218K
Review starts from analysis, not a document chase.
Tested every period.
Covenant tests run each reporting period, with early warning alerts on the covenants you track.
Annual review, prepared.
When the review comes due, refreshed spreads and current financials are already in the file, so review starts from analysis instead of a document chase.
Works with your stack
Connect Aloan to your loan origination system, core, and other technologies.
Aloan maps out your existing workflows, identifies the integration points, and implements them. No IT lift needed from your team. Aloan exposes REST APIs and webhooks for real-time data exchange with the loan origination system and core you already run.
Standalone
Replace manual spreading and memo prep.
Borrowers submit through a branded borrower portal. Underwriters work spreads, flags, and credit memos directly in Aloan. No LOS required.
Embedded
Plug into the LOS you already run.
REST APIs and webhooks push extracted data, financial spreads, risk flags, and finished credit memos into your existing workflow, without replacing the systems your team already uses.
We handle platform setup, policy configuration, and integrations. Your team focuses on lending.
Platform Setup
White-label branding
Custom workflows
Policy configuration
Integrations
LOS connection
REST API & webhooks
Custom reporting
Built by engineers from
Aloan was built by engineers who previously shipped AI and infrastructure at Google, Apple, Meta, X, and Altatec.
Security
Enterprise-grade security & compliance.
Your loan files stay encrypted, hosted in the United States, and out of every AI training set. The documentation your vendor-management team asks for is ready before they ask.
“Highly Flexible And Customizable Financial Automation With Creative Problem Solving”
The ALoan team was extremely flexible in addressing the bank's needs. They were intent on solving the bank's automation challenges where ever needed. They were able to be creative in resolving the challenges.
“Outstanding Performance, User-Friendly Interface, And Accessible Support Team”
I had an outstanding experience with the product and have been pleased with its performance. First, the team is great and always accessible when you need support. Second, the setup process is straightforward. Third, the interface is extremely user-friendly.
“Streamlines loan underwriting with remarkable speed”
Aloan allows you to go from application to credit memo within 30 minutes of the documents being uploaded. It massively decreased the amount of time underwriters needed to spend so they could focus on decisioning.
What used to take our team days of manual spreading and analysis now happens in minutes. The AI picks up on things we'd normally catch in a second or third pass (inconsistencies in financials, missing documentation) and flags them upfront.
Aloan's AI handles the heavy lifting on financial analysis: it pulls data from tax returns and financials, builds the spreads, and generates credit memos that actually look like our format. What used to take our analysts hours now takes minutes.
“Highly Flexible And Customizable Financial Automation With Creative Problem Solving”
The ALoan team was extremely flexible in addressing the bank's needs. They were intent on solving the bank's automation challenges where ever needed. They were able to be creative in resolving the challenges.
“Outstanding Performance, User-Friendly Interface, And Accessible Support Team”
I had an outstanding experience with the product and have been pleased with its performance. First, the team is great and always accessible when you need support. Second, the setup process is straightforward. Third, the interface is extremely user-friendly.
“Streamlines loan underwriting with remarkable speed”
Aloan allows you to go from application to credit memo within 30 minutes of the documents being uploaded. It massively decreased the amount of time underwriters needed to spend so they could focus on decisioning.
What used to take our team days of manual spreading and analysis now happens in minutes. The AI picks up on things we'd normally catch in a second or third pass (inconsistencies in financials, missing documentation) and flags them upfront.
Aloan's AI handles the heavy lifting on financial analysis: it pulls data from tax returns and financials, builds the spreads, and generates credit memos that actually look like our format. What used to take our analysts hours now takes minutes.
Aloan is the AI-native commercial loan origination system for community banks, credit unions, and commercial lenders. It takes the application, collects and reads the borrower's documents, spreads the financials, checks the deal against your credit policy, drafts a source-cited credit memo, routes it for sign-off and monitors covenants after close. Your team reviews and decides. Run Aloan as your commercial LOS, or alongside the one you already have.
How does an AI commercial lending platform speed up underwriting?
An AI commercial lending platform automates the most time-consuming parts of underwriting: borrowers submit documents through a branded borrower portal, where each document is identified, categorized, and matched to the correct entity. Financial data is extracted and spread with every number mapped back to the source document. Risk flags are surfaced automatically, and a complete credit memo is generated, reducing the process from weeks to minutes.
What types of lenders use Aloan?
Community banks, regional banks, credit unions, CUSOs, fintech lenders, non-bank lenders, real estate lenders, private equity firms, and M&A lenders use Aloan to run commercial underwriting: document collection, spreading, policy checks and the credit memo.
Which banks and credit unions use Aloan?
Aloan customers include Buckeye State Bank, Alliance Catholic Credit Union, and West Central Bank, among other community banks, credit unions, and commercial lenders.
How long does it take to implement Aloan?
Most lenders are live within 2–4 weeks. Aloan provides white-glove implementation. Platform setup, credit policy configuration, and data integrations are all handled. Your team does not need to write any code.
Does Aloan replace our loan origination system?
Only if you want it to. Run Aloan as your commercial LOS, or alongside the one you already have. A bank that already runs an LOS keeps it as the record of the booked loan and runs the work in Aloan: documents come in, and underwriters take completed spreads and source-cited credit memos into the approval workflow the bank already runs. A lender with nothing to replace, such as a bank standing up a commercial program or a credit union launching member business lending, runs Aloan as its commercial LOS from the first loan.
How does the AI platform handle examiner audits and source-document traceability?
Every number in an AI-generated spread or credit memo links back to the exact source document and page. This full audit trail means examiners can verify any figure with a single click. No manual cross-referencing required. This source-page traceability meets examiner expectations under the revised interagency guidance (SR 26-2 and OCC Bulletin 2026-13) and proportional community-bank standards (OCC Bulletin 2025-26).
What types of documents does AI commercial underwriting software process?
AI commercial underwriting software like Aloan processes tax returns, bank statements, financial statements (income statements, balance sheets, cash flow statements), rent rolls, operating statements, personal financial statements, debt schedules, and other common commercial lending documents. Each document is automatically identified, categorized, and matched to the correct borrower, guarantor, or related entity.
What is AI financial spreading?
AI financial spreading software extracts financial data from source documents (tax returns, financial statements, bank statements) and organizes it into a standardized format for analysis. The AI spreads financials automatically, calculates key ratios like DSCR, leverage, and liquidity, and maps every number back to its source for full traceability.
What is an AI credit memo generator?
An AI credit memo generator uses artificial intelligence to produce complete, examiner-ready commercial loan credit memos from source documents. The AI reads financial documents, spreads data, analyzes ratios and risk, and generates a structured memo with source-document citations on every number, ratio, and finding.
How is Aloan different from nCino?
Aloan is an AI-native commercial loan origination system: it does the work of the loan file, spreading financials, detecting risk and drafting source-cited credit memos in minutes, with every number traced back to its source document and page, and your team reviews and decides. A bank that already runs nCino keeps it and runs the work in Aloan, with no migration; a bank without an LOS runs Aloan as its commercial LOS. Most lenders are live in 2 to 4 weeks.
How is Aloan different from Abrigo?
Abrigo is an established community-bank suite that spans lending, credit risk, CECL, and compliance. Aloan is an AI-native commercial loan origination system that does the document processing, financial spreading, risk detection, and credit memo work, with every number cited to its source page. Run Aloan as your commercial LOS, or alongside Abrigo; Aloan can integrate with your existing stack through its REST API and webhooks, and most lenders are live in 2 to 4 weeks.
How is Aloan different from traditional spreading software like Moody's, Sageworks, or FlashSpread?
Traditional spreading tools speed up parts of manual spreading but still rely on analysts to key in figures, map line items, and assemble the credit memo by hand. Aloan automates the full path: documents are identified and matched to the right entity, financials are spread automatically, ratios like DSCR and leverage are calculated, and a complete credit memo is generated. Every figure links back to the exact source document and page, so spreads and memos are examiner-ready by default rather than manually reconciled.
Ready to see this on one of your actual deals?
We will walk through document extraction, policy checks, and credit memo generation with your workflow.