Reconcile the debt that is current
Compare the year-end debt schedule with recent bank repayments. Investigate obligations that appear in current activity before recording the annual payment used in coverage.
Abrigo and Sageworks alternative for financial spreading
Reconcile current obligations before adding the proposed loan. SpreadSpace brings bank payments, debt schedules and saved earnings adjustments into an explained historical and pro forma coverage review.
An extracted figure opens its supporting document with the printed line boxed.
About Abrigo
Sageworks Credit Analysis is part of Abrigo’s lending and credit-risk software. This comparison covers its financial spreading and credit-review workflow.
Three reasons to choose SpreadSpace
Separate earnings from assumptions
Choose the reporting basis and save line- and year-specific earnings adjustments. Keep additional debt-service write-ins identifiable beside extracted creditor payments.
Show the effect of proposed debt
Add the proposed loan’s annual service to the pro forma configuration. Carry the historical result and changed assumptions into the credit memo.
Compare SpreadSpace and Abrigo
| Feature | SpreadSpace | Abrigo |
|---|---|---|
| Current debt evidence | ||
| Financial spreading | Extract business and personal tax returns with supporting schedules and statements for financial review. | Financial spreading, with optional Auto-Spreading for tax-return extraction.Sageworks Credit Analysis |
| Uploaded debt schedules | Review the schedule’s lenders, balances and payment terms. Select annual payment lines alongside return liabilities and bank evidence. | Not verified |
| Financing transactions | Inspect bank advances and repayments by financing relationship. Use observed cadence as evidence to investigate contractual obligations. | Not verified |
| Additional obligations | Record separate named annual payments for proposed debt, leases or other obligations requiring an analyst assumption. | Not verified |
| Coverage and memo | ||
| Historical coverage | Save historical DSCR for the selected entity, earnings basis and debt-service lines. Keep optional interest and write-ins identifiable. | Not verified |
| Proposed debt | Add proposed annual debt service to a separate pro forma configuration so the change in coverage can be reviewed. | What-if scenarios are available in credit analysis.Abrigo credit analysis |
| Saved adjustments | Save EBITDA adjustments by source line and year under the lender’s policy, retaining the reported amounts. | Not verified |
| Credit memo | Bring selected financial exhibits and analyst explanations into the lender’s memo template with source context available for review. | Automated credit memos are included in the workflow.Abrigo credit analysis |
Abrigo information is drawn from the linked public material, reviewed September 2026. Not verified means this comparison does not establish that capability; it does not mean the product lacks it.
Example: reconcile debt before adding a loan
Example review using a fictional loan.
The borrower’s latest debt schedule covers year end, but current bank statements show another recurring financing payment. The lender is considering an additional term loan.
Documents for the review
- Business tax return or financial statements
- Year-end debt schedule
- Year-to-date business bank statements
- Proposed loan’s annual debt service
Set the historical basis
Choose the business and reporting period, review earnings adjustments, and establish the debt service used for the historical analysis.
Explain the current obligation
Inspect the recurring payments and compare them with the debt schedule. If the lender includes another obligation, add the reviewed annual debt-service amount as an analyst write-in.
Build the proposed case
Add the new loan’s annual debt service to the pro forma review. Keep the historical figures and current assumptions identifiable so another analyst can understand the change in coverage.
The lender can explain the proposed DSCR through the earnings basis, existing obligations and new annual debt service.
Pricing for your team and document volume.
No-AI data extraction. No OCR. No offshore review shops. Better extraction pricing.
SpreadSpace pricing is tailored to your organization and document volume.
Volume discounts are available for extraction.
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Abrigo is a trademark of its owner. SpreadSpace is not affiliated with Abrigo. This comparison reflects publicly available information as of September 2026.
Sources: Abrigo credit analysis, Abrigo lending and credit risk.