Origination is where your week goes. Sweet takes the part of it that is document chasing, data entry and status email, and leaves you the part that is credit. Your borrower applies, the file assembles itself, your criteria route it, and your loan officer decides.
Smart document management
Smart forms request only the documents this deal requires, based on what is already known about the borrower and the collateral, your institution's requirements, and the program and size of the loan. Everyone on the deal can upload securely from a phone camera, a laptop or a tablet, which matters when the balance sheet lives in a filing cabinet in an office.
What changes for your team
- Your first document request is the right one, because the form asks for what this borrower, this collateral and this program actually require.
- Your loan officers can start, pre-fill and co-browse an application live, so a site visit ends with a submitted file instead of a to-do list.
- Your underwriting criteria are versioned and back-testable. Your examiners see the rule that was in force, not today's.
- Eligibility, pricing and scorecards are no-code and yours. Keep them internal to the loan officer, or push the data to your own decision engine instead.
- Multi-entity and multi-guarantor structures run in parallel rather than in series. Co-applicants see each other's status without seeing each other's data.
- Documentation is produced and checked against the rules you lend under, and works alongside your existing disclosure vendors where you need it to.
Where it stops
Sweet is strong on standard commercial loans and configurable calculations. It is not a full Excel replacement for your very largest and most complex deals, and custom LTV and DSCR logic is built out with you during a pilot rather than promised in a slide. You should know that before you buy, not after. See the Origination FAQ.
Learn more about Loan Applications or Document Collection.
