Commercial Lending Is Stuck in the Past

Banks, credit unions, and lenders still rely on manual processes to handle commercial loan lifecycles — from document ingestion and financial spreading to portfolio monitoring, covenant tracking, and collections. The result is slow underwriting, high error rates, and massive operational overhead that limits how many loans teams can manage.

What They're Building

Proximitty deploys regulator-grade AI agents that autonomously handle the full loan lifecycle — document ingestion, financial spreading, portfolio monitoring, covenant tracking, and collections. The platform includes a no-code agent studio that lets banks, credit unions, and lenders build and customize AI workflows without engineering resources. It parses any document format, including blurry scans and handwritten notes, with 99.8% accuracy.

Proximitty integrates with 10+ core banking systems including Fiserv, FIS, Jack Henry, and nCino, with a typical deployment time of just 3 weeks. The platform is designed to meet the compliance and security requirements that regulated financial institutions demand.

Growth

Within 3 weeks of launch, 4 large banks began processing $2B+ in delinquent loans through the platform. One fintech customer cut its servicing staff from 15 to 2 and redeployed the team to close $20M in new loan originations. Proximitty delivers 5x faster underwriting while maintaining regulator-grade accuracy across every step of the lending process.