Blooma leverages the power of artificial intelligence and machine learning to help lenders evaluate and process new deals faster than ever. Using our technology, you can rapidly scale your commercial real estate business while slashing operating costs.
If you’re among the 66% percent of executives still using legacy tools and workflows, you know that the commercial real estate lending process is drawn out, involving countless hours of data entry and other mundane tasks. Most lenders only close about 10% of the deals they screen – and that’s after months of effort. Yesterday’s underwriting methods can’t keep up with today’s real estate market.
Enter Blooma: The first fully digital, cloud-based commercial real estate lending solution. Our innovative tool:
The result? You’ll be able to see an average of three times as many deals and cut the time spent screening them by 85%.
Blooma empowers you to move away from the tedious aspects of the commercial real estate business and confidently step into the strategic, entrepreneurial side. Here’s how it helps you streamline the commercial mortgage process:
With Blooma, you won’t have to chase down the information you need or perform complex calculations. Instead, our commercial real estate software performs property, borrower, market, and financial analysis on every deal you run through it. Plus, it calculates six valuations per deal and shows you up to 100 comparable properties.
Blooma helps you quickly assess the risk for each deal. Our CRE solution lets you adjust variables such as revenue, expenses, cap rate, vacancy, and interest rate. Then, you can see the impact on the deal’s loan-to-value (LTV) ratio, debt service coverage ratio (DSCR), and debt yield.
Think of Blooma’s dashboard as your commercial real estate highlight reel. You can see all the deals you’re working on in real-time – and your current portfolio – in one place.
Blooma is using technology to revolutionize commercial lending. Our CRE software will help you scale your real estate empire efficiently and profitably. Plus, Blooma plugs seamlessly into your existing tech stack so you won’t miss a single deal waiting on software implementation.
But don’t take our word for it. Schedule a demo today and see how Blooma can help your commercial real estate company bloom.
