Aloan: Commercial Loan Underwriting Software
Aloan helps community banks and commercial lenders automate manual data entry in underwriting. It is designed for teams that process complex financial documents and need to generate audit-ready credit memos.
At a glance
- Category
- Finance & Accounting
- Best for
- Community Banks, Credit Unions, Commercial Lenders, Non-Bank Lenders, Regional Banks
- Pricing
- Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
- Key use cases
- Commercial Loan Underwriting, CRE Deal Analysis, Policy Compliance Checking, Portfolio Covenant Testing
- Integrations
- REST API, Webhooks, LOS connection
- Official website
- aloan.ai
Aloan is an automation platform designed for the commercial lending process. It focuses on the administrative tasks that occur before a credit decision is made, such as gathering borrower documents and extracting financial data into spreads.
The software is built for community banks, credit unions, and other commercial lenders who handle tax returns, bank statements, and financial reports. By automating the extraction and organization of this data, the tool is designed to help underwriters move from application to credit memo more quickly.
Buyers should note that the platform is intended to work alongside existing loan origination systems (LOS) rather than replace them. It uses a combination of AI and human-in-the-loop review to ensure that extracted figures can be traced back to their original source document for regulatory compliance.
Before choosing Aloan, lenders should confirm how the REST API and webhook integrations align with their specific technical environment and internal workflows.
Key Features
Extracts financial data from source documents and organizes it into standardized formats with calculated ratios like DSCR and leverage.
Identifies, categorizes, and validates 14+ document types, including tax returns and rent rolls, matching them to the correct entity.
Assembles borrower overviews, financial analysis, and risk factors into a reviewer-ready credit memo.
Flags policy exceptions, revenue declines, and covenant breaches based on configured credit guidelines.
Supports scheduled document collection and automated testing of financial covenants for portfolio management.
Provides an audit trail that maps numbers in a spread or memo back to the specific page and line of the source document.
Use Cases
Automating the collection of financial packages and the creation of initial credit spreads for analysis.
Processing rent rolls and operating statements to calculate NOI, DSCR, and LTV.
Screening applications against specific credit policy parameters to identify exceptions before committee review.
Using automated tracking to monitor DSCR and liquidity requirements for existing loans.
Best For
Integrations
Pricing
Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.
FAQ
No, it is designed to work alongside existing LOS by connecting via REST APIs and webhooks to feed data into your current workflow.
The platform processes over 14 document types, including tax returns, balance sheets, bank statements, rent rolls, and operating statements.
Aloan uses bank-level encryption and its AI providers maintain SOC 2 Type II, ISO 27001, and FedRAMP certifications. Customer data is not used to train AI models.
Most lenders are typically live within 2 to 4 weeks, involving policy configuration and system integrations.
Source category: Finance & Accounting
Source subcategory: Financial Planning
