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Aloan vs Abrigo
Two platforms community banks trust. Aloan brings AI-powered underwriting automation as a fast overlay. Abrigo provides a broad suite spanning lending, credit risk, CECL, and financial crime.
How do Aloan and Abrigo compare?
Aloan is an AI-powered underwriting automation platform that sits on top of your existing LOS, automating financial spreading, document analysis, risk flagging, and credit memo generation with source-document citations. Abrigo (formerly Sageworks) is a comprehensive risk management and lending platform serving 2,400+ community financial institutions with solutions spanning commercial lending, credit risk, CECL/ALLL, financial crime, and advisory services. Both serve community banks, but Aloan focuses on AI-powered underwriting speed while Abrigo provides broad risk management infrastructure.
- Deploy in days — no platform migration needed
- Every number cites exact source page & line
- AI reads every line — surfaces buried risks in financials
- Purpose-built AI for commercial underwriting speed
- Post-booking covenant monitoring and annual reviews
- Comprehensive platform: lending, CECL, AML, advisory
- 2,400+ financial institutions — deep community bank relationships
- Strong CECL/ALLL and portfolio risk management
- Broad platform — underwriting automation is not the core focus
- Traditional workflow automation, not AI-native document analysis
Austin, TX · 2,400+ FI customers · Formerly Sageworks, Banker's Toolbox, MainStreet
When should you choose Aloan vs Abrigo?
Choose Aloan when:
- →Your bottleneck is underwriting speed — spreading, analysis, and credit memos take too long
- →You want AI that reads every document line and cites every number
- →You want to add underwriting automation without replacing Abrigo or your existing systems
- →Complex multi-entity commercial and CRE deals need faster turnaround
- →Examiner-ready audit trails with source citations are a priority
- →You want to pilot on a few deals before committing
Choose Abrigo when:
- →You need a broad platform covering lending, CECL, AML, and portfolio risk
- →CECL/ALLL compliance and allowance modeling is the primary need
- →You want one vendor for lending origination AND risk management
- →Financial crime detection (AML, fraud) is a key requirement
- →You need advisory services alongside software
Detailed feature comparison
Architecture & Implementation
| Feature | Aloan | Abrigo |
|---|---|---|
| Architecture | Overlay on existing LOS | Comprehensive platform (may replace or complement existing systems) |
| Implementation Time | Days | Weeks to months depending on modules |
| Migration Required | None — works alongside Abrigo or any LOS | Varies by module; data migration often needed |
| Platform Scope | Focused: commercial underwriting automation | Broad: lending, credit risk, CECL, AML, advisory |
| Pilot Capability | Run on select deals alongside existing systems | Module-based adoption |
Underwriting & Document Analysis
| Feature | Aloan | Abrigo |
|---|---|---|
| AI Document Analysis | Reads every line — surfaces buried risks | Traditional document workflows |
| Financial Spreading | AI-automated with full audit trail and citations | Spreading tools available but not AI-native |
| Source-Document Citations | Every number traces to exact page and line | Not available |
| Credit Memo Generation | Complete memos with cited sources in minutes | Template-based memo tools |
| Risk Flagging | Auto-detects NSF fees, UCC liens, revenue decline, footnotes | Risk rating models and scoring |
| Credit Policy Ingestion | AI reads policy docs and auto-configures | Manual policy configuration |
Credit Risk & Portfolio Management
| Feature | Aloan | Abrigo |
|---|---|---|
| CECL/ALLL Compliance | Not a core feature | Industry-leading CECL modeling and compliance |
| Stress Testing | Not available | Portfolio stress testing and scenario analysis |
| Loan Review | Post-booking monitoring and annual reviews | Comprehensive loan review management |
| Portfolio Risk Analytics | Deal-level risk analysis | Portfolio-level concentrations, trends, and analytics |
| Covenant Monitoring | Automated tracking with early warning alerts | Available within credit risk module |
Commercial Lending Depth
| Feature | Aloan | Abrigo |
|---|---|---|
| Complex Commercial Deals | Built for multi-entity, guarantor analysis | Commercial lending workflows |
| CRE Lending | Rent roll, NOI, DSCR, LTV, debt yield analysis | General commercial support |
| Global Cash Flow Analysis | Automated multi-entity cash flow consolidation | Cash flow analysis tools available |
| Underwriting Speed | Documents to credit memo in minutes | Workflow automation — still manual analysis |
Broader Capabilities
| Feature | Aloan | Abrigo |
|---|---|---|
| Financial Crime (AML/Fraud) | Not available | Integrated AML, fraud detection, SAR filing |
| Account Opening | Not available | Digital account origination |
| Advisory Services | Not available | Consulting for ALM, AML, CECL, pricing |
| Asset/Liability Management | Not available | ALM modeling and analysis |
Trust & Compliance
| Feature | Aloan | Abrigo |
|---|---|---|
| Examiner Readiness | Source-cited audit trails — one-click verification | Standard compliance reporting and documentation |
| AI Positioning | AI-assisted (human decides, AI prepares) | Workflow automation with emerging AI features |
| Regulatory Expertise | Compliance-aware underwriting output | Deep regulatory expertise across lending, BSA, CECL |
The fundamental difference: AI underwriting speed vs. broad risk infrastructure
Abrigo is where community banks manage risk across the institution. Aloan is where they make underwriting dramatically faster.
Aloan: AI-first underwriting automation
Aloan focuses on one thing: making commercial underwriting fast, accurate, and auditable. AI reads every document, spreads financials with source citations, flags risks, and generates credit memos in minutes instead of hours. It deploys as an overlay — no migration, no disruption.
Abrigo: Comprehensive risk management platform
Abrigo provides the infrastructure community banks use to manage lending, credit risk, CECL compliance, financial crime, and more. Built through acquisitions of Sageworks, Banker's Toolbox, MainStreet, and others, it offers breadth across the entire risk management lifecycle. Underwriting automation is one capability among many.
Better together than either alone
Many community banks already use Abrigo for CECL, credit risk, or lending workflows. Aloan can sit on top of Abrigo — adding AI-powered document analysis, automated spreading, and credit memo generation to the existing Abrigo workflow without replacing anything. Think of it as adding a turbocharger to the engine you already have.
The speed gap in commercial underwriting
Abrigo's lending module streamlines workflows but still relies on manual analysis for financial spreading and credit memo preparation. Aloan automates that analysis with AI — reading tax returns, financial statements, and bank statements, then producing cited output in minutes. For banks where underwriting speed is the bottleneck, that's the gap Aloan fills.
How Aloan works alongside your existing systems
Add AI-powered underwriting without replacing anything — including Abrigo.
Upload documents
Drop in tax returns, financial statements, rent rolls, bank statements, and any supporting documents. Aloan accepts all standard commercial lending document types.
AI analyzes everything
Aloan reads every line of every document — not just headers and totals. It spreads financials, calculates ratios, identifies risks, and cross-references across documents automatically.
Review cited analysis
Every extracted number includes a citation to the exact source document, page, and line. Your team verifies instead of recreates — cutting review time from hours to minutes.
Generate credit memo
Aloan produces a complete, examiner-ready credit memo with your institution's format, all backed by source citations. Export to Abrigo or any other system.
Documents to complete credit memo in minutes — not days.
See it on your dealFrequently asked questions
What is the difference between Aloan and Abrigo?
Aloan is an AI-powered underwriting automation platform focused on commercial loan analysis — financial spreading, document analysis, risk flagging, and credit memo generation with source citations. Abrigo (formerly Sageworks) is a comprehensive risk management platform spanning lending, credit risk, CECL/ALLL, financial crime, and advisory services. Aloan goes deep on underwriting speed; Abrigo goes broad on institutional risk management.
Can Aloan work alongside Abrigo?
Yes. Aloan is designed as an overlay that works alongside any existing platform including Abrigo. Banks using Abrigo for lending workflows, CECL, or credit risk can add Aloan specifically for AI-powered underwriting automation — speeding up spreading, analysis, and credit memo generation without changing existing Abrigo workflows.
Does Abrigo offer AI-powered financial spreading?
Abrigo provides financial spreading tools within its lending platform, but they are not AI-native. Spreading in Abrigo typically involves manual data entry or basic extraction. Aloan uses AI to read every line of financial documents and produce spreads with source-document citations — tracing every number to the exact page and line of the original document.
Is Aloan a replacement for Abrigo?
No. Aloan and Abrigo solve different problems. Aloan automates the underwriting analysis process. Abrigo provides broader risk management infrastructure including CECL compliance, portfolio analytics, AML, and more. Most banks would benefit from both — using Abrigo for institutional risk management and Aloan for fast, AI-powered commercial underwriting.
Which is better for CECL compliance?
Abrigo is the clear leader for CECL/ALLL compliance with industry-leading allowance modeling used by thousands of institutions. Aloan does not provide CECL modeling. For banks that need both fast underwriting and CECL compliance, the two platforms complement each other.
How does implementation compare between Aloan and Abrigo?
Aloan deploys in days as an overlay with no migration required. Abrigo implementations vary by module — lending implementations can take weeks to months depending on scope, data migration needs, and integration requirements. Aloan can be added to an existing Abrigo environment without disruption.
See Aloan on one of your actual deals
Upload your documents. Get a cited credit memo back in minutes. Works alongside Abrigo or any LOS.
No setup fees · Deploy in days · Works with your existing systems