SpreadSpace extracts the documents, spreads them on one canvas and builds the memo in the same place. A spread that took twenty hours by hand starts in minutes, because most documents extract in seconds.
An analyst builds a spread template once for each sector they cover and applies it to every loan that follows. The template carries the visuals and the arrangement, re-aimed at the new loan's filers. Nothing is rebuilt, and there is no limit on how many templates a team keeps.
Every figure on the spread opens its source document with the printed line boxed on the page. A ratio that pulls five lines from five dense pages is checked in five clicks, with no search on each page. Over a full analysis that difference adds up to hours.
Every return is recorded on both a tax basis and a book basis, and the analyst can use either one or both. A statement of cash flows is derived from the return and ties to the change in cash. A derived figure folds open to the lines that sum to it, so a reviewer sees the derivation instead of a bare total.
Documents arrive on the loan and extract in seconds. Tax returns, financial statements and bank statements land as figures with a box on every line, ready to place. The analyst opens a template built for that kind of borrower, and the spread is standing before the first figure is checked.
The canvas is free. Charts, tables, ratios and text land where the pointer releases and resize from any edge. Borrowers and guarantors sit on the same canvas, each with its own documents, so a multi-entity deal is one spread rather than several.
Checking a number is one click. The source document opens with the line boxed on the page, and a derived figure unfolds into the rows that sum to it. The same link travels with the figure into the memo.
SpreadSpace was built by engineers and designed by institutional credit analysts, and the difference shows in what a return becomes. Every return is recorded on both a tax basis and a book basis, and the analyst can use either one or both. A statement of cash flows is derived from the return in operating, investing and financing blocks that tie to the change in cash, and a book profit and loss bridge runs from book revenue to net income for every return year.
The depth starts in extraction. Every page of the return is read, including the supporting statements behind the overflow lines, because that is where operating leases, lines of credit and the adjustments between cash and accrual live. A large return yields several hundred credit relevant lines, each one boxed on its page. No statement goes unread and no derivation goes unitemized.
Company prepared and audited financials are standardized into the same attributes on every loan. A balance sheet exported from a workbook with account code prefixes, subtotals and several hundred lines is extracted and ready to spread in seconds, and it lands in the same shape every time. Assets are grouped into current and non-current buckets, liabilities into current and long-term buckets, with equity and total liabilities and equity beneath them, the same shape the return's own balance sheet takes.
Nine different labels for professional fees become one line. Account codes come off the labels, lines that name the same thing are summed into one standard line, and that line keeps its own derivation, so the analyst can open it and see the printed rows behind it boxed together on the statement. Every total drills down to the lines inside it.
Implementing a credit policy is normally a project with a fee attached. On SpreadSpace it is self serve. A credit officer sets the add-backs the policy allows once, from the workspace as an admin or through the API with a credit policy write scope on their key, and every spread in the workspace follows it. A catalog of the institution's own ratios takes about ten minutes to build.
Tax basis and book basis add-backs are configured separately, and the book basis add-backs set on the return apply to company books and audited financials as well, so one policy covers every document the loan carries.
When a loan needs an exception, the analyst adjusts the add-backs on that loan and saves the configuration under its own name. When the policy itself changes, the credit officer edits it once and every spread follows. What used to be a support ticket is a thirty second change. The workspace supports any underwriting methodology and any loan type, because the policy, the ratios and the layout are the lender's to set.
Coverage is configured per entity and per year from the documents' own lines. Debt service is assembled from the balance sheet liabilities, the business debt schedule and the debt schedule implied by the bank statements, pro forma with the proposed debt and historical without it, and each configuration is saved on the loan as a named recipe that renders as its own card.
Every business and every guarantor sits on one canvas, with no fixed cap on how many. A Schedule K-1, a personal return and a personal financial statement gather on the same person without hand linking, so the global picture is assembled from the documents rather than typed in.
Businesses and people whose income comes from property need property level analysis, and that only works when the extraction goes deep enough to supply it. Every property on Form 8825, across its continuation sheets, and every property on Schedule E becomes its own row with gross rents, itemized expenses, depreciation and income, year over year, and each row keeps its source lines.
That is how a spread can hold hundreds of properties. The analyst places them from a library of prebuilt visuals curated by institutional credit analysts, or builds a rental earnings figure of their own by adding back according to policy or to the facts of the loan.
Upload the memo your committee already reads, as a PDF or a Word file, and it is rebuilt as a shared company template. Spread visuals import into it as vector graphics that stay sharp at any size, and a figure placed in the memo keeps its source link, so a click from the memo opens the same boxed line.
Analysts write the narrative around the exhibits in the same place they built the spread. Nothing is retyped, no chart is rebuilt, and the evidence stays one click away during review.
Most documents extract in seconds and a full package in minutes. With a template for the sector, the spread stands as soon as the extraction lands, and the analyst's time goes to review and judgement rather than data entry.
Click it. The document opens with the line boxed on the page, and a derived figure folds open to the lines that sum to it. The link travels with the figure into the memo.
Yes. A credit officer sets the add-backs once, from the workspace or through the API, and every spread follows. A loan that needs an exception gets its own configuration without touching the policy.
Yes. Every return is recorded on both a tax basis and a book basis, and the analyst can use either one or both. Add-backs follow the basis the analyst chose.
A balance sheet, a profit and loss and a cash flow statement from a workbook or a PDF are standardized into the same shape on every loan, with account codes removed from the labels, matching lines merged, and every total drilling down to its printed lines.
Upload your existing memo as a PDF or a Word file and it is rebuilt as a company template. Spread visuals import as vector graphics, figures keep their source links, and the narrative is written in the same place.
Yes. Every business and guarantor sits on one canvas, and coverage is configured per entity and per year from the documents' own lines, pro forma and historical.