All applications/AI Tool2026

Credit Memo Compass

From borrower financials to a reviewed credit memo, in one workspace.

A commercial credit file is more than a document: it is the borrower, financials, analysis, and reasoning behind each memo section. Credit Memo Compass keeps that work together, helping analysts prepare a consistent file and reviewers see what needs attention. This tour uses fictional borrowers and hand-written sample memo text. Its section-review example is not a lending decision.

Take the tourOur own product
Who it's for

Commercial lending teams at banks and credit unions who need to prepare and review credit files without assembling the story from separate spreadsheets and documents.

What it helps with

  • 01

    Keep the whole file together

    Borrower details, supporting documents, financial periods, analysis, and memo sections stay connected to the same credit file.

  • 02

    Compare financials consistently

    Review statement periods side by side and calculate ratios to focus the conversation on cash flow, debt coverage, and questions that need follow-up.

  • 03

    Build the narrative section by section

    Use a structured memo instead of starting from a blank document, with space to refine each section and prepare it for a reviewer.

  • 04

    Give reviewers a clear next action

    Sections move through draft, review, and final states with reviewer controls and notes, keeping responsibility visible to the team.

Product tour

See it in action, one screen at a time.

  1. Step01

    Start with the borrower’s whole story

    The overview connects the borrower, loan request, and supporting records. Analysts have one starting point instead of piecing the file together from separate documents.

    The populated overview for fictional Northstar Fabrication Works, with borrower details, loan request, and workflow tabs.
  2. Step02

    See the team’s active credit files

    Requested exposure, active files, and review status share one dashboard. Open a recent file directly or check where work is building up across the team.

    The credit dashboard with two fictional files, total requested exposure, and pipeline and review counts.
  3. Step03

    Keep supporting documents close

    Supporting statements stay with the borrower file, making it easier for analysts and reviewers to find the source material alongside the work it supports.

    The fictional borrower’s document library with two sample financial statements and document controls.
  4. Step04

    Compare financial periods side by side

    A structured spread makes year-to-year changes easier to review. Inspect revenue, expenses, and balance-sheet figures in one consistent layout.

    A two-period financial spread showing the fictional borrower’s income-statement and balance-sheet line items.
  5. Step05

    Turn figures into a clearer analysis

    Calculated ratios bring debt coverage and liquidity into focus. The suggested grade supports the analyst’s review; it is not an automatic credit approval.

    Calculated financial analysis for the fictional borrower, with debt-service coverage, liquidity ratios, and a suggested risk grade.
  6. Step06

    Build the memo in manageable sections

    A structured section list breaks the memo into clear pieces. See what is drafted, open the next section, and keep the narrative connected to the same file.

    The credit memo section list with draft statuses and controls to open each section of the fictional file.
  7. Step07

    Refine the narrative before review

    Revise the narrative in a focused editor before sending it for review. The visible prose is hand-written sample text, not a generated lending recommendation.

    The Executive Summary editor containing hand-written fictional sample prose and review controls.
  8. Step08

    Give the reviewer a clear decision

    A separate reviewer can approve the section or request changes. Review becomes a visible step in the workspace rather than a reply buried in an inbox.

    A separate fictional reviewer viewing the Executive Summary in IN REVIEW status with approve and request-changes controls.
  9. Step09

    Keep the section’s review outcome

    The reviewed sample section shows its final state and reviewer note. This is approval of that memo section; the overall credit file and lending decision remain separate.

    The fictional sample Executive Summary in FINAL status after section review, with a demo-only reviewer note.
  10. Step10

    Keep compliance checks with the file

    Inspect checks and recorded events without leaving the borrower file. This fictional example has no recorded compliance events yet; the view keeps that status visible.

    The fictional credit file’s compliance view with zero recorded compliance events and a manual check action.
Under the hoodFor the technically curious
Node.jsPostgreSQLAzure OpenAIAzure AI Document Intelligence
Your turn

Have a process that deserves its own software?

Tell us where the time goes today. We'll show you what a tool built around your team could look like, starting with a working prototype.

Tell us about your project
Next projectRFP Compass →

Find the government contracts worth bidding on, then build the response in one place.