Company
We help commercial lenders move at the speed their borrowers expect.
AI is changing how commercial lending gets done. We built Aloan to put it on the lender's side: the document chasing and manual spreading handled in the background, so underwriters spend their hours on credit judgment, not data entry.
Our Story
The bottleneck is never judgment
Every commercial lender we talked to said the same thing. Their underwriters are sharp. Their credit judgment is sound. The problem is everything that happens before a human even looks at a deal.
Chasing documents, manual spreading, reconciling data across 3-5 systems. That's where the weeks go. And while underwriting grinds through the logistics, relationship managers are watching borrowers walk to whoever can move faster.
Founded in 2025
We saw the same deal die the same way too many times. A borrower needed a fast answer. The lender had the appetite but not the speed. Someone else got the deal.
So we built Aloan. Document extraction, spreading, policy checks, credit memo generation. What used to take days to assemble is ready for review in under 30 minutes.
Results
Outcomes, not features
< 30 min
Documents to full credit memo. Complex deals included.
9x
Underwriting throughput with the same team.
Zero
System migrations. We work with whatever you're already running.
What we do
We handle the logistics. Your team handles the credit.
Your underwriters shouldn't spend their day pulling numbers from PDFs. We take the raw document package and return structured, reviewer-ready output. Aloan is SOC 2 Type II certified, with borrower data processed through enterprise inference providers under no-training contractual terms.
Document Extraction
Financial statements, tax returns, entity docs. We pull and structure the data from whatever format it shows up in. No re-keying.
Spreading
Financials spread accurately with every number traced back to the source document. No more "where did this number come from?" from credit review.
Policy Checks
Your credit policy applied to every deal. Exceptions flagged before they reach your desk, not after the memo's been written.
Credit Memo Generation
A complete, reviewer-ready credit memo assembled from source documents. Your underwriters review and approve. They don't rebuild from scratch.
Founding Team
Built by people who've been on the other side of the table
Mitch Barnard
Co-Founder
Entrepreneur with a major exit and deep experience in private credit. Knows the lending workflow pain firsthand: the document chasing, the manual spreading, the borrowers who walked because turnaround took too long.
Andrew Blake
Co-Founder
Built one of the fastest-growing companies in his segment. Brings go-to-market and account-management instincts, focused on the part after the sale: making sure lenders get real results from Aloan.
Tim Diamond
Co-Founder
Worked at most of the big tech companies in AI. Brings deep production ML experience to the hardest part of the problem: extracting structured data from messy financial documents at speed.
Gerrit Yntema
Co-Founder
Silicon Valley startup veteran with a focus on AI and lending. Has built the kind of systems that turn complex, unstructured data into something underwriters can actually use.
Board of Directors
Three decades of commercial lending at the table
We brought in someone who's already built what we're building, from the bank side.
Marty Blake
Lead Independent Director, Aloan
Marty spent 30+ years in commercial lending. He was part of the leadership team that built Crestmark Bank from its 1996 launch in Troy, Michigan into a national asset-based, equipment finance, and SBA lending platform. He saw the company through its $316M sale to Pathward (Meta Financial Group) in 2018, the deal that gave Pathward its national C&I lending franchise.
He's lived every part of the workflow we're rebuilding: chartering, credit policy, examiner relationships, and getting a multi-billion-dollar lending platform to a clean exit. Marty keeps us honest about what real commercial lenders need.
30+ yrs
Commercial lending
$316M
Crestmark → Pathward, 2018
1996
Day-one Crestmark team
How we operate
We make bets, not pitches
Skin in the game
We don't pitch decks. We run your actual deals. Send us a file and we'll show you what comes back. That's the demo.
Speed is the product
Every hour saved in underwriting is a deal that doesn't walk. Most software digitizes your process and keeps the slow step. We remove it.
Peer, not vendor
We talk like someone who's been in the room, because we have. No buzzwords. No "leveraging synergies." We describe what we do, not what we are.
We'd rather show you than tell you
Send us one of your actual deals. We'll run it and show you what comes back. That's the whole pitch.