Financial spreading software
Financial spreading software takes borrower statements and turns them into a spread a credit officer can use. It is not a PDF converter, and it is not a chat window.
Financial spreading software takes borrower statements and turns them into a spread a credit officer can use. It is not a PDF converter, and it is not a chat window.
The file is usually a scan or a bank export. Someone still has to map revenue, expenses, debt service, and cash across periods. Then the ratios. Then the exceptions. If a number in the spread is not on a source page, the spread is wrong.
What financial spreading software is
Spreading is the step between the documents and the memo. You line up periods. You compute ratios. You keep a trail of what changed. That is the phrase lenders already search for.
OCR can put cells in Excel. Spreading is the next job: the same statements, a chart of accounts you can correct, ratios with the formula visible, and a version you can defend in committee.
DSCR is net operating income over debt service. LTV is loan over value. If those lines cannot be traced, do not vote.
What to look for
You need data in from PDFs and statements, not only a blank template. You need a mapping a human can fix. You need ratios that show the formula. You need an audit trail of who changed a line.
The spread should feed a cited memo. A spreadsheet that never shows up in the write-up is busywork.
How spreading fits underwriting
Documents in. Spread. Cited memo. Human credit decision. The model can call the underwriting system; it does not own the vote. The loan origination system is where the decision is written.
We already published the conversion step: Bank statement PDF to Excel. That page is OCR to JSON and a downloadable sheet. It is not the spreading page.
Try it
Paste a file at securelend.ai/agents-chat. Check the spread against the PDF. If you would not put those ratios in front of committee, do not buy the software.