Compare
Aloan vs nCino
AI underwriting automation that deploys in days — not a full LOS replacement that takes 6–18 months. See how Aloan compares to nCino for community bank commercial lending.
How do Aloan and nCino compare?
Aloan is an AI-powered commercial underwriting automation platform that sits on top of your existing LOS and deploys in days. nCino is a Salesforce-based cloud banking platform that replaces your entire loan origination system with typical implementations taking 6–18 months. Community banks that need faster underwriting without a full platform migration choose Aloan. Institutions planning a complete digital transformation of all banking operations choose nCino.
- Deploy in days — no LOS migration
- AI reads every line of every document
- Credit memos with page & line citations
- No Salesforce dependency
- Predictable subscription pricing
- Comprehensive cloud banking platform
- 1,800+ financial institution customers
- 6–18 month implementation
- Requires Salesforce platform
- Six to seven-figure total cost
Public company (NCNO) · Wilmington, NC
When should you choose Aloan vs nCino?
Choose Aloan when:
- →You want to automate underwriting without replacing your LOS
- →You need results in days, not months
- →Source-document auditability matters for your examiners
- →You handle complex multi-entity commercial structures
- →You want post-booking covenant monitoring
- →Budget is a constraint — no Salesforce licensing required
Choose nCino when:
- →You want to replace your entire LOS across all loan types
- →You need consumer lending, deposits, and treasury on one platform
- →Your institution is already invested in Salesforce
- →You have 12–18 months and a dedicated project team for implementation
- →Enterprise-scale digital transformation is the goal
Detailed feature comparison
Implementation & Architecture
| Feature | Aloan | nCino |
|---|---|---|
| Implementation Time | Days (no migration required) | 6–18 months typical |
| Architecture | Overlay on existing systems | Full LOS replacement (Salesforce-based) |
| Platform Dependency | Standalone — no third-party platform required | Requires Salesforce license |
| Setup Fees | None | Six to seven-figure implementation costs |
| Consulting Required | No — self-service onboarding | Typically requires SI partner |
| Change Management Risk | Minimal — enhances existing workflows | Significant — full workflow replacement |
AI & Underwriting Automation
| Feature | Aloan | nCino |
|---|---|---|
| AI Document Analysis | Deep analysis — reads every line, surfaces buried risks | Basic document processing |
| Financial Spreading | Automated with source-document citations (page & line) | Automated spreading available |
| Credit Memo Generation | Full AI-generated memos with audit trail | Template-based document generation |
| Risk Flagging | Auto-detection of NSF fees, UCC liens, revenue decline, footnotes | Rule-based alerts |
| Source-Document Auditability | Every number traces to exact page and line | Standard audit logging |
| Credit Policy Ingestion | AI reads your credit policy docs and auto-configures | Manual rule configuration |
Platform Scope
| Feature | Aloan | nCino |
|---|---|---|
| Commercial Loan Origination | Underwriting-focused automation | Full end-to-end origination |
| Consumer Lending | Commercial-focused | Consumer and commercial |
| Deposit Account Opening | Not applicable (underwriting-focused) | Yes — full banking platform |
| Post-Booking Monitoring | Covenant monitoring, annual reviews, early warning alerts | Limited post-booking capabilities |
| Portfolio Risk Assessment | Ongoing automated monitoring | Origination-focused |
Community Bank Fit
| Feature | Aloan | nCino |
|---|---|---|
| Ideal Institution Size | Community banks and credit unions of all sizes | Best fit for $1B+ institutions |
| Total Cost of Ownership | Predictable subscription — no hidden costs | Salesforce licensing + nCino fees + SI consulting |
| Staff Retraining | Minimal — works within existing processes | Extensive — new platform for entire team |
| Time to Value | Days to first automated credit memo | Months to full deployment |
| Examiner Readiness | Source-cited audit trails examiners can verify | Standard compliance documentation |
Why do community banks look for nCino alternatives?
nCino is a powerful platform, but it's built for enterprise-scale digital transformation. Many community banks find the implementation timeline, cost, and complexity exceed what they need to solve their core problem: slow, manual commercial underwriting.
Implementation takes 6–18 months
Full LOS replacement requires data migration, workflow redesign, staff retraining, and typically a systems integrator. Many community banks don't have the project management capacity for this.
Salesforce adds cost and complexity
nCino is built on Salesforce, meaning you pay for Salesforce licensing on top of nCino fees. For community banks without existing Salesforce infrastructure, this doubles the learning curve.
Broad platform, not deep underwriting AI
nCino automates the origination workflow, but AI-powered document analysis — reading every line for buried risks, generating cited credit memos — isn't the core focus. For banks whose bottleneck is underwriting, not origination workflow, nCino can be overkill.
All-or-nothing migration
nCino replaces your existing LOS. You can't pilot it on a few deals to prove value before committing. Aloan lets you run it alongside your current system and see results immediately.
How does Aloan automate commercial underwriting?
Aloan sits on top of your existing loan origination system. Upload documents, and AI handles the rest — from spreading to credit memo.
Upload documents
Tax returns, financial statements, bank statements, rent rolls — uploaded through your portal or by the borrower directly. AI identifies, categorizes, and matches documents to borrowers and guarantors automatically.
AI spreads and analyzes
Financial data is extracted and spread into your standardized format. Every number maps back to the exact source page and line. DSCR, leverage, liquidity, and custom ratios are calculated automatically.
Risks are flagged automatically
AI reads every line of every document to surface NSF fees buried on page 47, UCC liens mentioned in footnotes, revenue trends, and concentration risks. Your underwriter sees a prioritized risk summary.
Credit memo generated with citations
A complete credit memo is generated showing how every number was derived and linking to the source document. Your underwriter reviews and approves — not rebuilds from scratch.
Documents to complete credit memo in minutes — not days.
See it on your dealFrequently asked questions
What is the difference between Aloan and nCino?
Aloan is an AI-powered underwriting automation platform that sits on top of your existing loan origination system, automating financial spreading, document analysis, and credit memo generation. nCino is a comprehensive cloud banking platform built on Salesforce that replaces your entire LOS. Aloan deploys in days with no migration required, while nCino implementations typically take 6–18 months and require replacing existing systems.
Is Aloan a good alternative to nCino for community banks?
Yes. Aloan is purpose-built for community banks that want to automate commercial underwriting without replacing their entire loan origination system. Unlike nCino, which requires a full platform migration costing six to seven figures, Aloan deploys as an overlay on existing systems in days at a fraction of the cost.
How much does nCino cost compared to Aloan?
nCino pricing is enterprise-level, typically involving multi-year contracts with six to seven-figure total implementation costs including licensing, Salesforce platform fees, consulting, and customization. Aloan uses transparent subscription pricing with no setup fees, no Salesforce dependency, and no implementation consulting costs.
Can Aloan work alongside nCino?
Yes. Because Aloan is an overlay platform, it can work alongside nCino or any other LOS. Some institutions use Aloan specifically for AI-powered underwriting automation while using nCino or another system for the broader origination workflow.
How long does it take to implement Aloan vs nCino?
Aloan can be deployed in days because it sits on top of existing systems with no data migration or LOS replacement required. nCino implementations typically take 6–18 months and require dedicated project teams, Salesforce consulting partners, data migration, staff retraining, and extensive configuration.
What does Aloan do that nCino does not?
Aloan provides AI-powered deep document analysis that reads every line of every uploaded document to surface buried risks. It generates complete credit memos with source-document citations showing the exact page and line where every number originated. Aloan also automates covenant monitoring and ongoing portfolio risk assessment post-booking.
Automate underwriting without replacing your LOS
See how Aloan generates cited credit memos from your documents — on one of your actual deals.
No setup fees · Deploy in days · Works with your existing LOS