SpreadSpace vs Decipher Credit

Extract Forms 1040, 1065, 1120 and 1120-S with supporting schedules and statements. Work with return lines, Schedule K-1 detail, depreciation and loss carryovers in the same financial review.

Click a source-backed figure to open the document at its highlighted region. Expand a derived figure into the contributing rows and follow those rows back to their sources.

Inspect transaction dates, descriptions, signed amounts and balances against bank statements. Review observed advances, repayments and payment cadence while keeping inferred debt service distinct from contractual terms.

Choose full or percentage add-backs for selected lines and years on the chosen income basis. Reported amounts remain visible, and selecting a subtotal and its component does not count the expense twice.

Save named DSCR configurations for each entity using adjusted EBITDA from tax returns or company financial statements. Select debt-service lines, optional interest and analyst write-ins, then compare historical and pro forma coverage.

Set institution-wide adjustment policies for tax-basis EBITDA, book-basis EBITDA, rental NOI and Schedule C. Apply full, partial or excluded treatment to supported expense concepts, reuse book-basis policy on company financials and make loan-specific exceptions.

Analyst classifications survive later automation and remain reversible under audit. With the required permission, an extracted value can be edited or reset, and its derived figures reflect the change.

Build the lender's memo from reusable templates, analyst narrative and selected spread exhibits. Keep source-linked figures available in the memo workspace, then export the completed credit write-up.