SpreadSpace gives lenders a complete working path from the extracted return to source review, a shared spread and the lender's memo. FlashSpread is a tax spreading product delivered through a hosted or embedded interface.
An extracted figure opens its supporting document with the printed line boxed.
SpreadSpace opens the full source document with the exact line boxed. Derived figures unfold into their supporting rows, so reviewers can check the calculation and the evidence without leaving the spread. The same source link remains available when the figure enters the memo.
SpreadSpace puts borrowers and guarantors on one canvas, with each entity retaining its own documents and analysis. Analysts arrange charts, tables and ratios around the credit question, then save the layout as a template. Shared comments stay attached to the work they discuss.
SpreadSpace rebuilds the lender's memo format as a shared company template. Analysts place spread visuals and source-linked figures directly into that format, keeping the evidence available during review. The team can complete the credit narrative without rebuilding charts or retyping the analysis.
SpreadSpace is the stronger choice when the lender's job continues beyond receiving a financial spread. Reviewers open the exact source line, work borrowers and guarantors together on a canvas and carry the checked figures into the company's memo format. The analysis stays with the loan as documents and assumptions change. FlashSpread packages tax spreading as a monthly subscription; SpreadSpace bundles the working canvas, source review and memo builder with extraction and connects in a day.
| Feature | SpreadSpace | FlashSpread |
|---|---|---|
| Integration | ||
| Versioned API with three SDKs and an agent guide The public API is versioned and ships with three hand-typed SDKs and an end-to-end integration guide. A skill file lets a coding agent do the integration. | Included | Not demonstrated |
| Documents and extraction | ||
| Tax detail with boxed source review Every line of Form 1065, Form 1120-S, Form 1120 and Form 1040 with their schedules, every Schedule K-1 in the packet, the supporting statement behind every overflow line and the per asset depreciation registers, so a large return yields several hundred lines with a box on every figure. Every parent return checks its own arithmetic, and a failing check ships as an underwriting signal beside the data. | Included | Not demonstrated |
| Schedule K-1 statement pairing and owner linking Each K-1 is bound to its own supporting statements by a cascade of printed name, partner number, page order and capital account, and its recipient is matched to a person on the loan by identifier, name and address, so a K-1 that lands days later still reaches the right guarantor. No fuzzy person matching exists anywhere, so an unmatched name stays unmatched rather than guessed. | Included | Not demonstrated |
| Depreciation, losses, and affiliates Per-asset depreciation registers, net operating loss carryforwards and the affiliates named in return statements remain available as detailed rows. Each supporting line retains its source document for review. | Included | Not demonstrated |
| Source-backed statements and aligned workbook periods SpreadSpace reads audited and unaudited statements and Excel workbooks. A workbook whose period columns are scattered across tabs or files is rebuilt into one standard layout. | Included | Not demonstrated |
| Bank transactions with counterparties and sources Every transaction from 234 registered bank layouts with its date, description, signed amount, check number, kind and page box, a balance for every day, and overdraft, insufficient funds, chargeback, returned item and service fee signals. Each transaction rolls up under a named counterparty in one of 58 classes across 13 sections, and every financing relationship, merchant cash advances included, is found from payment cadence and the transaction text. | Included | Not demonstrated |
| Boxed source lines inside the spread A click opens the full source document with the exact line boxed. A figure placed in the memo keeps the source link, and a derived figure unfolds into its supporting rows. | Included | Not demonstrated |
| Analysis | ||
| Tax basis and book basis Every return is recorded on both a tax basis and a book basis, and the analyst can use either one or both. Each derived figure opens into the lines that sum to it. | Included | Not demonstrated |
| Return-derived cash flow footing to Schedule L SpreadSpace builds an itemized statement of cash flows from the return, shown as a bridge and a three-block table. It foots to the change in cash on Schedule L. | Included | Not demonstrated |
| Basis-aware EBITDA with line-level add-backs The analyst picks the basis, from company statements to the return on a book or tax basis, and add-backs follow it. | Included | Not demonstrated |
| Per-entity DSCR from selected document lines Coverage is configured per entity and per year from the documents' own lines, with debt service assembled from the Schedule L liability balances, the business debt schedule and the implied debt schedule from the bank statements, pro forma with proposed debt and historical, and saved as a named recipe on the loan that renders as its own card. | Included | Not demonstrated |
| Return-detected affiliates and bank reclassification Every affiliated and intercompany entity named anywhere on the business and personal returns lands on one schedule, ownership link or not, K-1 or not, from the ownership tables on Form 1120 and Form 1120-S, the issuer behind every K-1, affiliates named in return statements, the personal return's pass through and qualified business income rosters, and related party receivable and payable lines. The schedule feeds the entity roster and re-tags matching bank counterparties to intercompany with the naming line boxed. | Included | Not demonstrated |
| Rental real estate by property Every property on Form 8825, across continuation sheets, and each property on Schedule E Part I becomes a row with income, itemized operating expenses and printed depreciation, with years side by side. Each property keeps its source lines, while Form 4562 and the depreciation registers provide the supporting depreciation detail in the return viewer. | Included | Not demonstrated |
| Working the spread | ||
| Free placement and resizing on a canvas The spread is a canvas rather than a form. Every chart, table, KPI card, text box, line and comment pin lands where the pointer releases, drags anywhere, resizes from any edge and magnifies on its own axis, and the canvas grows sideways and downward as the work needs it. | Included | Not demonstrated |
| Reusable canvas layouts without loan comments A finished board saves as a global template that carries its visuals and arrangement to every loan of that type, re-aimed at that loan's filers, while comments, placed pictures, source links and loan bound cards stay behind on the loan that wrote them. | Included | Not demonstrated |
| Company memo template with source-linked figures The lender's memo is rebuilt as a company template shared across the team, and spread visuals render as vector graphics in the memo. Figures keep their source links so reviewers can open the boxed line from the memo. | Included | Not demonstrated |
| Control and audit | ||
| Analyst-set coverage inputs and add-backs The analyst sets DSCR inputs and EBITDA add-backs per entity and year on the loan. Coverage recipes stay on that loan, while canvas templates carry the visual arrangement to later deals. | Included | Not demonstrated |
| Audited figure corrections and persistent reclassification An analyst can override any classification or, with an opt-in API scope, edit an extracted value. Every change is logged and can be undone. | Included | Not demonstrated |
| Immutable action history with before and after Every action, including undos, is written to an immutable audit log retained for up to 7 years. | Included | Not demonstrated |
| Detail | SpreadSpace | FlashSpread |
|---|---|---|
| Deployment | SpreadSpace runs as an unbranded tab inside your loan origination system. The workspace is optional and bundled with the cost of extraction. | Hosted or embedded tax spreading product. |
| Integration time | Embedding the workspace takes a day. Active loans link to SpreadSpace the moment an uploaded document reaches the backend. | Integration in two sprints. |
| Pricing model | The workspace is bundled with extraction, including the canvas, source review and memo builder. Contact sales for a quote. | Monthly subscription. |
FlashSpread column from its public material, reviewed September 2026. An x marks a feature that material does not demonstrate.
Yes. SpreadSpace provides the spreading canvas, source review and memo builder inside the lender's loan origination system. Shared templates preserve the lender's chosen layout and memo format.
A day. The embedded workspace and the upload webhook are the two pieces. Files from the loan's inbox enter the analysis through the webhook, and extracted data returns through the API.
The source document opens with the exact line boxed. Derived figures unfold into the supporting rows that make the calculation. The source link remains available when a figure enters the memo.
Each Schedule K-1 stays paired with its supporting statements and is matched to its recipient on the loan. That person's later returns and personal financial statements gather in the same place. An unresolved match stays unresolved for review rather than being guessed.
Every property on Form 8825, across continuation sheets, and each property on Schedule E Part I becomes a row with income, itemized operating expenses and printed depreciation, with years side by side. Each property keeps its source lines, while Form 4562 and the depreciation registers provide the supporting depreciation detail in the return viewer.
The analyst chooses the EBITDA basis and add-backs per entity and year. DSCR draws from selected document lines and historical or proposed debt service, with the named recipe saved on the loan. Canvas templates carry the layout to later loans without carrying those loan-specific DSCR recipes.
Analyst actions record who changed what, when, and the before and after values in an immutable history retained for up to seven years. Counterparty corrections have an undo that preserves later independent edits, and the undo is recorded too. Saved boards and memos also retain restorable revisions.
The workspace is bundled with the cost of extraction, including the canvas, source review and memo builder. Contact sales for a quote sized to the lender's document volume.
FlashSpread is a trademark of its owner. SpreadSpace is not affiliated with FlashSpread. This comparison reflects publicly available information as of September 2026.
Sources: BeSmartee homepage, FlashSpread product page, FlashSpread commercial lending page, BeSmartee on the FlashSpread acquisition, Baker Hill and FlashSpread partnership release, Baker Hill integration page for FlashSpread.