Commercial Lending Software

Commercial Lending Software with Blooma

The commercial lending lifecycle can be slow, tedious, and time-consuming. Lenders navigate a lengthy underwriting process.

Commercial lenders lose out on potential business daily because the process takes too long. It can take weeks or months to close a commercial loan. Reliable market and borrower data can be expensive and hard to come by.

Blooma was created to solve these very challenges. Our AI platform helps reduce commercial loan origination time and cost, perform a more comprehensive deal analysis, and increase opportunities to close more deals.

Blooma is the first fully digital CRE solution that uses Artificial Intelligence (AI) and Machine Learning (ML) to automate and streamline the underwriting process.

With Blooma, you can make better decisions—using comprehensive real-time data and analytics—and can get continuous updates on your loan portfolio to stay ahead of risk.

Streamline your mortgage underwriting process today

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Trust Blooma with Your Commercial Lending Process

Blooma provides commercial lenders an efficient and secure platform, making CRE (and CRM) simple and the lending experience faster.

Our intuitive user interface simplifies the loan application process, and our lenders have access to the data-driven insights they need to make informed decisions.

Our software has been used by businesses of all sizes—from debt funds to community banks to national lenders.

Commercial lenders have seen positive results with Blooma. You can too.

Benefits of Commercial Lending Software

Commercial lending software is an online platform that provides a secure, streamlined experience and allows lenders to access the data they need to assess loan applications.

Commercial lending software offers businesses efficient financing options with intuitive user interfaces that simplify the loan process

Make Informed Decisions

Using commercial mortgage underwriting software helps lenders make smart financial decisions without the need to pour over multiple files and documents.

Blooma pulls in 1,000’s of unique data points on each deal, with information parsed directly from uploaded documents and third-party data providers. Now you can review asset information and multiple data points from end-to-end—in a single platform and updated in real time.

Size Up Your Deals

With commercial mortgage underwriting software, lenders can analyze deals in minutes rather than weeks.

Get to LOI in under an hour, reduce origination time by 85%, and view 3x more deals. Cut low-value tasks and let the Blooma platform do the work for you.

Simplify Your Workflow

Using Blooma’s commercial mortgage underwriting software streamlines your workflow—drastically increasing accuracy and lessening the risk of errors that can be costly for any lender.

Speed up loan origination and pre-flight for each deal by automating tedious tasks like data entry and document review.

Monitor Your Portfolio

Blooma users can perform health checks and other portfolio monitoring exercises within the platform.

Run stress tests in each deal to identify areas of heightened risk by adjusting revenue, expenses, cap rate, vacancy, and interest rate to analyze their effect on the mortgage loan’s DSCR, Debt Yield, and LTV.

The stress testing calculations, updated market data, and dynamically updated valuations can be pushed into your portfolio or risk management systems.

Think: more accurate input values for credit risk models and, potentially, lower reserves and/or capital requirements.

CRE With Confidence

With Blooma’s cloud-based software, you can have greater confidence in the commercial loans you close.

The platform automates the pre-flight process for each deal, so you don’t miss any crucial data. Blooma provides comprehensive real-time data to analyze deals, including up–to–date market trends and risk assessments from reliable third-party data providers.

Make Informed Decisions

Using commercial mortgage underwriting software helps lenders make smart financial decisions without the need to pour over multiple files and documents.

Size Up Your Deals

With commercial mortgage underwriting software, lenders can analyze deals in minutes rather than weeks.

Get to LOI in under an hour, reduce origination time by 85%, and view 3x more deals. Cut low-value tasks and let the Blooma platform do the work for you.

Simplify Your Workflow

Using Blooma’s commercial mortgage underwriting software streamlines your workflow—drastically increasing accuracy and lessening the risk of errors that can be costly for any lender.

Speed up loan origination and pre-flight for each deal by automating tedious tasks like data entry and document review.

Monitor Your Portfolio

Blooma users can perform health checks and other portfolio monitoring exercises within the platform.

The stress testing calculations, updated market data, and dynamically updated valuations can be pushed into your portfolio or risk management systems.

Think: more accurate input values for credit risk models and, potentially, lower reserves and/or capital requirements.

CRE With Confidence

With Blooma’s cloud-based software, you can have greater confidence in the commercial loans you close.

What Comes With Blooma’s Commercial Mortgage Underwriting Software?

Blooma’s automated underwriting software comes with features and functionalities that will elevate loan production to new heights:

Document Parsing and Management

Blooma’s automated underwriting system allows you to use the platform for document management—making it easy to upload documents in bulk. Parse documents instead of manually keying in data.

The software offers automated analysis and parsing of financial documents such as tax returns, personal financial statements, and schedules of real estate. This gives users detailed insights into the borrower’s cash flow, net worth, and liquidity support for a deal.

Create and Explore Your Deals

Create deals and process loan applications with enhanced AI.

Blooma’s Deal Scoring feature provides an accurate assessment of your portfolio based on customizable parameters, so you can quickly evaluate the potential return on investment for each deal.

When you view deal scores, Blooma takes your unique lending preferences and gives that deal a score (1-100) by how well it lines up to your chosen profile. The platform’s intuitive interface lets you view summaries and trends or dive into the details of your deals.

Get quick but detailed insights when you sort, filter and organize the data within the platform.

Connect Your Tech Stack

When it comes to commercial mortgage underwriting, Blooma’s software makes it easier to connect your tech stack—thanks to powerful API integrations. This feature lets you quickly and easily transfer data from existing systems into the platform and vice versa, so you can always have the most up-to-date information for your deals.

Blooma also partners with trusted CRE tech vendors and providers to ensure you get real-time data, bespoke reporting, and custom export options.

Use Your Current Templates

With Blooma, you can quickly and easily export to your current screening, sizing, and underwriting templates. Our software lets you download and export data to Excel or existing templates.

Plus, Blooma’s intuitive user interface allows you to customize existing templates with just a few clicks—giving you total control over how to view each deal.

Let the Platform Do the Work for You

Blooma provides intelligent insights for each deal.

Automate manual tasks and tedious data entry with powerful AI algorithms. Stay ahead of risk by getting continuous updates on your portfolio.

By leveraging Blooma’s consolidated platform, you can make better loan decisions off of best in class mix of data.