Question 1

What underwriting challenges does Aloan solve?

Accepted Answer

Aloan automates the most time-consuming parts of commercial underwriting: document collection and classification, financial spreading with source-document traceability, risk detection, and credit memo generation. This reduces underwriting timelines from weeks to minutes.

Question 2

How does Aloan automate financial spreading?

Accepted Answer

Aloan extracts financial data from tax returns, bank statements, and financial statements, then spreads the data into standardized formats. Every number is mapped back to the exact source document, page, and line item — giving examiners a full audit trail with a single click.

Question 3

Can Aloan generate examiner-ready credit memos?

Accepted Answer

Yes. Aloan generates complete credit memos with narrative analysis, financial summaries, risk factors, and mitigants. Every figure in the memo links back to source documents, meeting examiner requirements for traceability and auditability.

Question 4

What types of lenders benefit from Aloan?

Accepted Answer

Community banks, regional banks, credit unions, CUSOs, fintech lenders, non-bank lenders, and commercial real estate lenders use Aloan to automate underwriting workflows and close more loans without adding headcount.

Solutions for commercial lenders

Best Commercial Lending Software for Community Banks

Financial Spreading Software

AI Credit Memo Generation

See how Aloan transforms your workflow