The Challenge
With $1.5 billion in assets under management, this life insurance firm faced delays and inefficiencies in its CRE underwriting processes. The team manually entered 250+ data points per loan, creating bottlenecks in credit approvals and inconsistencies in deal analysis. They needed a solution that could automate data collection, streamline underwriting workflows, and improve decision-making accuracy while supporting a growing portfolio of retail, industrial, and office properties.
The Solution
Blooma’s platform addressed these challenges by automating key workflows and enhancing data accuracy. The team leveraged features such as intelligent document parsing to extract borrower and deal data efficiently, standardized underwriting templates for consistent reporting, and real-time deal scoring to evaluate loan suitability. These tools aligned perfectly with the firm’s need for improved efficiency and accuracy in decision-making.
What Can YOU Do with Blooma?
• Save Time on Data Entry and Analysis
Automate the extraction of borrower and deal information from financial documents, so you can focus on strategic lending decisions.
• Create Consistent, Professional Reports
Generate standardized underwriting templates for seamless credit committee presentations, improving workflow efficiency.
• Deliver Faster, Smarter Loan Decisions
Evaluate loans quickly with automated deal scoring and comprehensive data aggregation.
The Results
By integrating Blooma, the firm realized significant improvements in efficiency (reducing manual data entry) and accuracy (consistent deal analysis). These advancements allowed the team to deliver faster credit decisions, enhancing their ability to scale operations while maintaining high-quality underwriting standards.
