From weeks to hours: rethinking the credit memo with AI
Credit memos bundle judgment, policy, and evidence. Proximitty treats the memo as an output of a governed workflow — not a static template war with the clock.
Why memos still take weeks
The delay is rarely writing. It is chasing files, reconciling versions, and redoing spreads after the borrower sends a new statement.
When those pieces are automated with clear owners, the narrative work can start on day one instead of day ten.
A memo that matches your bank
Our agents learn institution-specific assumptions — not generic industry defaults — so reviewers are validating your policy, not undoing a stranger’s spreadsheet.
Outputs stay auditable: prompts, tools, and approvals are retained for MRM and examination.
Rollout without heroics
Start with a single segment or product where document mix is well understood. Pair the agent with a senior analyst for a few weeks, then widen as confidence grows.
Governance that scales with the memo
Controls live in the same system as the draft: approvals, model risk artifacts, and exception queues stay attached to the loan file. That is how you scale memo speed without giving up the audit trail your regulators expect.
Everything you need to know about Proximitty
AI agents that ingest documents, spread financials, monitor covenants,
and service every borrower, built for C&I, CRE and SBA loans.
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