SpreadSpace vs Blooma

Build property-level cash-flow exhibits from reported rental income and expenses. Separate the reported result from the interest, depreciation, amortization and analyst adjustments used in NOI.

Bring the borrower’s business returns, company financials and guarantor statements into the property review. Keep the ownership, reporting period and source documents attached to the financial analysis.

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.

Organize company statements into consistent financial categories, with current and noncurrent assets, liabilities and equity kept distinct. Expand grouped totals into their underlying reported lines, with readable labels and the source detail retained.

Reconcile return revenue and expenses to ordinary business income and then to income per books. Inspect M-1 or M-3 adjustments and supporting-statement detail, including any remaining difference, through the tax-to-book bridge.

Build property-level schedules from Form 8825 and Schedule E with income, itemized expenses and depreciation across years. Follow source lines and calculate NOI and adjusted NOI for the selected properties.

Group rentals by street or property type while retaining each underlying property. Compare income, expenses and NOI across years and open the source detail for the properties behind a grouped result.

Inspect each property’s reported expense categories and supporting return lines. Expand grouped figures to review the contributing amounts before applying an adjustment.

Keep K-1 issuers, recipients, income, distributions and capital detail linked to their supporting statements. Review outside interests with the guarantor's Form 1040 and follow the source behind the income or cash received.

Build NOI and adjusted NOI from each property's rental income, expenses, interest, depreciation and amortization. Save property- and year-specific adjustment selections and write-ins with the underlying return values still visible.

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.

Inspect each property's reported expense categories and compare their share of rental income across years. Expand the NOI bridge into interest, depreciation, amortization and analyst-selected adjustments.

Build custom graphs, ratios and aggregate statistics from searchable financial lines. Choose the operands and coefficients, compare results across periods and inspect the source rows behind the calculation.

Break out a guarantor's wages, interest, dividends, business income and pass-through interests. Compare reported income with K-1 distributions and rental activity while retaining the person, year and source document.

Analyze the guarantor's assets, liabilities, net worth, liquid assets and stated income. Open the supporting personal financial statement and inspect real estate and obligation detail alongside the personal return.

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.

Build personal coverage from selected PFS income and supported payment schedules, including SBA 413 installment and real-estate obligations. Add separate analyst income or debt-service assumptions and inspect the annualized payment components.

Build an implied debt schedule from observed bank advances and repayments. Inspect the underlying transactions and use payment cadence where the history supports it, while keeping inferred payments distinct from contractual terms.

Arrange borrower and guarantor charts, tables, ratios and notes on a shared financial-analysis canvas. Select entities and periods for the exhibits and save the layout with the loan.

Save an analysis layout as a reusable template for later loans. Reapply the selected visuals and arrangement to the new loan's data while keeping loan-specific comments and source links with the original review.

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.

Embed document review and financial analysis, including the memo builder, in the lender's application. Bind the session to a loan and analyst identity, with explicit controls for uploads, corrections and saving the analysis.

Finalize the spread to save versioned financial attributes and ratios with separate tax-return, book-basis and company-reported figures. Retrieve configured DSCR, custom ratio results and analyst adjustments through the API, alongside a documents-only comparison and source document IDs.

Request a PDF render of a saved credit memo through the API and retrieve the finished file for the loan record. Finalized memos retain a fixed PDF, with webhook events signaling when that document is ready.