SpreadSpace vs TurnKey Lender

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.

Recognizable bank transactions carry an inflow or outflow class and a business type, with operating expense categories such as payroll, advertising, rent, and utilities. Financing, owner activity, internal transfers, and intercompany flows retain separate classifications.

Transactions group by the counterparty behind them, and the analyst can correct a relationship or an individual transaction. Financing relationships retain advances, repayments, net activity, and observed payment cadence for review.

Review affiliates named in returns and supporting statements. Matching bank counterparties become intercompany relationships with links to the identifying source lines, including when the return arrives later.

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.

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.

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.

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.