Credit Memo Figures Filled In, Every Page Cited

At Qvery, we help lenders keep underwriters on credit judgment, with custom AI agents that read the returns into your spread. We build them around your own memo and credit policy. The agent reads the borrower's tax returns and the bank and financial statements, scans included. It pulls the figures your memo needs. Every figure points to the page it came from. Your underwriter starts from a filled-in spread and spends the time on the decision. Ratios are worked out too, by your own definitions.

The agent pulls the figures and does the arithmetic, and each one points to its page. Your compliance team can follow a number from the memo back to the document and the page it came from. Your underwriter checks and decides, with a full trail behind every number. A page it cannot read is named, and so is a missing figure. Nothing is hidden or guessed. The agent compares the tax return, the financial statements and the bank records, so a mismatch is flagged for review.

Everywhere a judgment is made. The agent prepares the spread and the questions for the borrower. Your underwriter checks the figures, follows up with the borrower and makes the credit decision. Figures that disagree between documents are never guessed at. They become questions, and a person decides what to ask. The agent only extracts figures and does arithmetic, so no part of the decision moves to it. Where a page is unreadable, a person decides whether to ask for a clearer copy. Your underwriter decides which questions to send.

It fills in the figures, the ratios and the differences to explain. The analysis and the recommendation in the memo are your underwriter's, because that is where their judgment matters. The agent works out your ratios the way your credit policy defines them. It names any input it is missing. Differences to explain, such as bank deposits that do not match reported revenue, are listed for your underwriter.

Every figure shows its document and page, so your underwriter opens it and sees the number in place. That is one click instead of retyping it. Figures reported in thousands are converted to full amounts before they are compared. Where the tax return and the bank statements tell different stories, it shows both and lists the question. Anything the agent could not read is named. Ratios show their inputs, so each can be traced to its pages.

Yes. It fills in your own template, using the ratio definitions in your policy. The agent pulls revenue, expenses, profit, debts, cash flow and deposits into it. The spread looks like the ones your team produces today, so your underwriter does not learn a new format. Nothing in your systems changes. Revenue, expenses and the other fields keep the document and page they came from.

An agent for this job costs about $20,000 to build and $400 a month to run. The calculator above shows what that means against your underwriters' time. Put in your own numbers and the result updates as you type. Today your underwriters spend their best hours copying figures from tax returns and bank statements into the memo. The agent takes that copying on, and the hours go to credit judgment. A tax return, a set of accounts and bank statements all have to be read for one loan. The agent does the copying and the arithmetic, and your underwriter reviews the result.

The agent reads only the loan files you connect it to and changes nothing in them. You decide where it runs and how long anything is kept. The result goes to your underwriter, with the questions for the borrower. Your underwriter follows up with the borrower, and the agent does not contact anyone. A figure that would need a guess is left as a question instead.

We deliver a working agent in about two weeks, set up with your template. It runs on closed deals beside your underwriters first, so you see its spread next to theirs. The first spreads show how its figures compare with your team's own. After that, it starts when a loan file is ready for spreading. Your underwriter opens the filled-in spread and the questions for the borrower. Closed deals give your team a known answer to compare against.

The figures for your memo with the page for each, your ratios worked out and the questions for the borrower. You send a business tax return, bank and financial statements. Include your memo fields and ratio definitions if you have them. The ratios use your own definitions when you include them. The result comes from vlad@qvery.ai within 15 minutes, and your files are deleted as soon as it is sent.