Solution

Credit Memo Generation

For credit analysts and underwriting teams in commercial lending: a first-draft memo in your template, every figure cited to its source page, ready while the deal is still fresh.

Financial statementsTax returnsSpreadsBureau reportsAppraisals
100% of figures cited to source pagesEvery memo human-approved5× faster financial spreading

The problem

Why this exists

Days

Assembly before analysis

Numbers from spreads, facts from the application, values from the appraisal — analysts spend days transcribing what is already known before the judgment work starts.

Line by line

Untraceable drafts get re-derived

A memo nobody can trace gets rebuilt in review. Committee time goes to checking arithmetic instead of challenging the credit reasoning.

Per analyst

Structure drifts across the book

Each analyst assembles memos their own way, so risk language, definitions, and depth vary deal to deal across the portfolio.

The product, not a promise

A memo you can interrogate

Credit Memo Generation — workspace
Financials spread and normalized to your template5× fastercited
Revenue figure in the draft linked to its statement pageCitedcited
Coverage ratio traced to the spread cell behind itCitedcited
Risk factors and mitigants surfaced from the file as candidatesAnalyst-ownedcited
Collateral value rests on an appraisal past policy age — flaggedverify
Final memo signed by the analyst, evidence trail attachedHuman-approvedcited
HUMAN-APPROVED BEFORE IT POSTS

How it works

File in. Answer out.

  1. 1

    Gather

    Borrower documents, spread outputs, bureau reports, and collateral data are pulled into one working set.

  2. 2

    Spread

    Financials are spread and normalized, with each number linked to the statement page it came from.

  3. 3

    Draft

    The agent writes a first-draft memo in your template — borrower profile, financial analysis, risk factors, mitigants.

  4. 4

    Cite

    Every figure and claim in the draft carries a reference to its source document and page.

  5. 5

    Approve

    The analyst edits, challenges, and signs the memo; the recommendation is theirs, on evidence they can verify.

Who it's for

Built for the people who own the outcome

Credit analyst

Start from a cited draft, spend the time on judgment.

  • First draft structured to your memo template, section by section
  • Click any figure through to the statement page or spread cell
  • Ready while the deal is fresh, without a week in the queue

Chief credit officer

Every memo in the book built to the same standard.

  • Same structure, definitions, and citation standard on every deal
  • Committee reviews reasoning on verifiable evidence
  • Throughput rises without diluting memo quality

Risk / internal audit

Memos that hold up months later.

  • Every figure traceable to its source document and page
  • Named analyst approval recorded on every memo
  • The evidence trail travels with the memo to committee and exams
Commercial banksCommunity banksCredit unionsPrivate creditEquipment financeCRE lending
faster financial spreading
100%figures cited to source pages
First draftstructured to your memo template
Human-approvedevery memo before it moves

A credit memo is mostly transcription: numbers from the spreads, ratios from the model, facts from the application, collateral values from the appraisal, risk language adapted from the last similar deal. Analysts spend days assembling what is already known before they spend hours on what actually requires judgment. This solution reverses that split. It gathers borrower documents, spread outputs, and risk signals into one working set and writes the first draft — structured to your memo template, section by section.

A draft you can interrogate

The difference between a useful draft and a dangerous one is verifiability. Every figure in the generated memo is cited to its source: the statement page behind a revenue number, the spread cell behind a coverage ratio, the appraisal behind a collateral value. An analyst reviewing the draft clicks through any number to the page it came from and verifies the claims that matter in minutes. Because the spreads themselves are produced 5× faster than manual spreading, the draft is ready while the deal is still fresh rather than after a week in the queue.

The analyst owns the recommendation

The platform writes the assembly; it makes no credit decision. Risk factors and mitigants are surfaced from the file as candidates, and the analyst edits, challenges, and rewrites until the memo says what they are prepared to defend in committee. Every memo is human-approved before it moves, and the final document carries its full evidence trail — which is what makes it durable in front of credit committee, internal audit, and examiners alike. Consistency improves as a side effect: every memo in the portfolio is built on the same structure, the same definitions, and the same standard of citation.

Objections, answered

What teams ask us first

How do I trust a generated memo in front of committee?

Every figure in the draft is checkable against its source: the statement page behind a revenue number, the spread cell behind a coverage ratio, the appraisal behind a collateral value. The analyst verifies the numbers that matter in clicks, then signs a memo they can defend.

Will it follow our memo template and credit policy?

Drafts are structured to your template, section by section — borrower profile, financial analysis, risk factors, mitigants — using your spreading conventions and definitions. Policy-relevant issues, like a stale appraisal, are flagged in the draft rather than smoothed over.

Who owns the recommendation?

The analyst, explicitly. The platform assembles evidence and drafts; it makes no credit decision. Risk factors and mitigants appear as candidates the analyst edits, challenges, or rejects, and every memo carries a named human approval before it moves.

How long until our analysts see a first draft?

Load your memo template and a recent deal file; the first draft is a review exercise, not a build project. Most credit teams are comparing generated drafts against their own memos within days and running live deals within weeks.

Bring a live deal file.

Watch a cited first-draft memo in your own template come together in the demo.

Request a demo