AI Document Processing for Commercial Lending
Discover how applied generative AI reduced loan underwriting times by 80% while preserving absolute security and data accuracy.
Project Outcome
Key Metrics
The Challenge
Credit analysts spent up to 14 hours per application manually reviewing tax returns, balance sheets, and bank statements to draft credit underwriting memos, leading to slow loan turnaround times.
The Solution
We built a secure, private Retrieval-Augmented Generation (RAG) system. The solution reads uploaded financial documents, matches numbers, performs tax reconciliations, and drafts formatted Word credit memos.
Performance Improvements
Reduced average loan underwriting time from 10 business days to just 2 business days.
Achieved 98.5% accuracy in automatically extracting and cross-checking key financial metadata.
Allowed the underwriting team to increase their application review capacity by 3x without hiring additional staff.
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