LenderBox Applied
The platform does CRE underwriting, end to end. Applied builds one workflow, in any line of lending, for banks, credit unions, private credit funds and specialty lenders.
A strategic partner in building AI solutions for lenders. We put one lending workflow into production in your own environment, beside the loan system you already run. Ninety days from the day we have access, a scope agreed before we start, a fixed price quoted in writing.
A thirty-minute scoping call is the first step. Bring one real example, whether that is a closed file, a report you rebuild every month, or an integration that keeps breaking. We scope the work against something you already know the answer to. You get a written number on the second call.
Engagement plan · Illustrative
Credit memo drafting
Two ways to work with LenderBox
Same team, same research, two different doors. For some institutions the practice is the faster path to the platform: one thing working first, then the rest. For others it is the whole engagement. Either way, Applied is priced so that services are never the cheaper route to the product.
The platform
CRE underwriting, end to end. Document intake, policy checks, risk scoring and credit memos in one system your team logs into on Monday. Subscription. SOC 2 Type II.
The practice
One workflow, built to your policy and your template, deployed inside your environment and beside the LOS you already run. Any line of lending. Fixed scope, fixed price, ninety days.
What we build
Examples, not a menu. Every engagement names a problem, builds one thing, agrees the number that says whether it worked, and names what it lets you stop paying for.
01
Days of assembly per deal, and every analyst assembles it differently. We build drafting on your own template, with the source page cited.
Measured byMemo turnaround, analyst hours per memo, and variance between analysts on the same deal.What it replacesHand assembly and re-keying, and a memo module if your loan system charges for one.
02
Most of what comes in the door does not close, and the sizing that says so costs an analyst an afternoon. We build the screen that sizes the deal against your buy box and returns a pass, a decline, or the next question, with the reason.
Measured byHours from package to pre-screen decision, and deals worked past the point they should have been declined.What it replacesThe sizing spreadsheet and the analyst afternoon behind it.
03
Your policy is a document nobody reads mid-deal, so exceptions surface at committee. We build the test that returns the paragraph.
Measured byExceptions caught before committee, and round trips per approved deal.What it replacesThe pre-committee scramble, and a standalone policy-check tool if you pay for one.
04
The same figures, out of the same documents, into the same fields, on every deal. We build intake that populates and flags rather than guesses.
Measured byFields still keyed by hand, and rework rate after review.What it replacesRe-keying, and an outsourced spreading service if you use one.
05
The hard part is not the spreading. It is getting the tax returns out of the borrower in the first place. We build the collection that asks, reminds, reads what arrives in the inbox, and tells you what is still missing.
Measured byDays from request to complete package, and reminders a person had to send.What it replacesThe chase, and the analyst hours it eats every quarter.
06
For a bank: annual reviews slip because they are manual, and the backlog stays invisible until an exam. For a private credit fund: draws, borrower reporting and lender reporting run on email. We build the queue that works itself.
Measured byReviews or draws completed on schedule, and the age of the oldest open one.What it replacesCovenant-tracking spreadsheets and the FTE hours behind them.
What we build
Every engagement starts from a workflow, not a technology. If what you need is not on this list, it is still worth thirty minutes on a call.
Your documents, spreads, rent rolls and covenant language in one place, asked in plain English, with every answer footnoted back to the page it came from. The work is in the extraction, not the chat box.
Document extraction and retrieval
Pre-screen, document chase, exception routing and follow-up handled end to end. Agentic where the steps are mechanical, and handed back to a person at the points your credit policy says a person decides.
Agentic workflows with approval gates
Loan, borrower, property and payment data pulled out of the systems holding it and modeled once, so monitoring, concentration reporting and the board package all read from the same source.
Data pipelines and a lending data model
Risk grading, early warning or pricing, trained on your own history and your own credit policy, showing the reasoning behind the number rather than handing you the number alone.
Scoring and early warning models
Every one of these runs against your own data, under your own policy, inside your own environment. A first build is one of them, scoped to a single workflow, not a platform.
Describe your workflow and we will tell you which shape it is →
How we work
Most institutions start at one or two. Nobody is asked to start at three.
01
No cost · by referralFor an institution that knows it needs to move and cannot yet name what. A readiness score, a board brief and a ninety-day roadmap you can execute with anyone.
About the Blueprint →02
90 days · fixed priceOne workflow running in production against your own data. Fixed scope, fixed price, success defined in writing in week one. You keep a record of every decision.
Start your first build →03
Monthly · capped at twoA named engineer or pair inside your team, for institutions with a roadmap rather than a project. Two concurrent engagements across the practice, so it stays real.
The honest comparison
More institutions are, and some of them should. A capable person with a frontier model can get something impressive running in a fortnight, and your best analyst may already be doing it in a chat window. Here is what tends to happen next.
Applying a written policy, citing the paragraph, flagging the exception rather than smoothing it over, and leaving a record an examiner can follow. That is where the fortnight becomes a year.
A credit union we sat with built its own system from the ground up. Three years of work, and when it moved from the test environment into production it failed. One person had understood it completely, and after it was scrapped the team described the aftermath as "a year or two of PTSD."
A general model forgets the deal between sessions, so the institution's knowledge lives in one analyst's head, and your risk team still has no answer to "are we allowed." When that analyst leaves, both go with her.
Supportable by someone who was not there when it was written, documented for the people who will ask. And we will say plainly when you should build it yourself.
Why this team
"It's always a bunch of software developers, which is great, but they always miss the banking standpoint."
Chief Credit Officer, community bank, July 2026
Banks, credit unions, private credit and debt funds, across commercial real estate, C&I, residential, consumer, small business and SBA, equipment finance and agriculture. The first session starts at your policy, not at definitions.
We sat with ninety institutions in lending, most of them commercial real estate lenders, about how credit work actually gets done, and published what we heard. A consultancy can hire engineers. It cannot buy those conversations.
SOC 2 Type II covers the platform. Custom work sits outside that audited boundary and is built to the same controls: your risk team reviews the design before we build, your documents stay in your environment, no customer data is used to train or fine-tune any model in any configuration we run, and retention and export are answered in writing before anything is signed.
Reading lending documents and reasoning over credit policy are built and running in production. Your engagement is engineering, not research on your budget.
Scope
A Production Build is a fixed price agreed before work starts, quoted in writing on the second call once we know what we would be building. Most lenders compare it to the cost of one loaded credit analyst, and that is the right comparison to bring to the call. Embedded engineering is monthly. We do not price services below the platform, because if custom delivery were the cheaper door you would end up paying for both.
One credit owner for about two hours a week across the ninety days, and one IT contact for environment access in week one. The clock starts the day we have access, not the day we sign. An engagement touches one workflow, so it runs beside an nCino, Q2 or Abrigo rollout rather than waiting for it.
For an Applied build, your documents stay in your own environment. On the platform, your instance is scoped to your organization at the database layer; the model reads your data and does not learn from it. No customer data is used to train or fine-tune any language model, nothing derived from your instance is reachable by another tenant, and there is no cross-customer training in any configuration we run. Retention and export are answered in writing before anything is signed.
Ownership, licensing and data rights are set in the engagement agreement, and we work through them with you before anything is signed. Your data and your credit policy are always yours. The rest is a conversation for your counsel and ours, not a sentence on a web page.
No. Some institutions use Applied as the faster path to the platform: one thing working first, then the rest. Others stop after ninety days with a working application. Applied is priced so that services are never the cheaper route to the product.
We work only in lending, so nobody bills you for the ramp-up. We ship a running system rather than a recommendation. And we operate a lending platform ourselves, so the parts that usually consume the first stretch of a project are already built and tested.
Every output cites its source and every policy decision points to the paragraph it came from, and the decision record documents what was built and why. SOC 2 Type II covers the platform; custom work sits outside that audited boundary and is built to the same controls rather than implying coverage it does not have. Your risk team reviews the design before we build, not after.
No. Our deepest research is in commercial real estate, and the shape of the work is the same in C&I, residential, consumer, small business, equipment finance and agriculture lending: documents arrive, someone reads them against a policy, a decision gets written down and has to hold up later. We start at your policy and your template, not at a CRE assumption.
You get your money back. Most firms in this business get paid whether or not they deliver what they said they would, and we would rather put our money where our mouth is. Success is defined in writing in week one, measured the way we agreed at day ninety, and if we miss it the Production Build fee is refunded in full. We ask two things in return: environment access in week one and the credit owner's two hours a week, because nobody can hit a number on a workflow they cannot reach. The guarantee is written into the engagement agreement, not just this page.
A normal outcome, and the engagement is built for it. You keep the working application, the decision record, and a handover session with whoever will support it.
Request a Production Build
Six fields. Thirty minutes on a call is the first step, and we reply within one business day either way.
Not sure what to build yet? Start with the AI Blueprint →
