mysherpas
mysherpas provides a purpose-built business lending platform designed specifically for professional commercial lenders, not retrofitted from other software. The platform centralizes loan package management, automates workflows, and integrates with existing systems, enabling lenders to process loans up to 12x faster than the industry average. It is SOC 2 Type 2 certified and used by the 1 business lending credit union.
- Financial Technology
- Artificial Intelligence
- Software Only
- Data & Analytics
Funding
Founders
Founder details are not available yet.
Product
Problem
Most business lending software is adapted from systems built for other purposes, resulting in workflows that don't align with the real needs of commercial lenders. This misalignment creates inefficiencies, hampers collaboration, and complicates data management, slowing down loan origination and reducing operational clarity.
Solution
mysherpas offers a purpose-built business lending platform designed from the ground up for professional commercial lenders. The platform centralizes loan package management and embeds AI-driven workflows to streamline the entire lending process, from origination to approval. By integrating with existing systems and automating routine tasks, mysherpas enables lenders to process loans significantly faster—up to 12x the industry average—while maintaining regulatory compliance and data security. The platform's design focuses on user adoption and process alignment, ensuring that digital transformation efforts deliver measurable ROI rather than just technological upgrades.
Target Audience
Primary customers are commercial lending institutions, including credit unions, banks, and Community Development Corporations (CDCs) that need a specialized platform to manage business loan origination and processing.
Features
- Centralized loan document management system that consolidates all loan package components into a single, accessible workspace
- Patented AI-driven platform that automates workflows and enhances collaboration across lending teams
- 17+ pre-built integrations with existing banking and lending infrastructure, enabling seamless data flow without rip-and-replace
- SOC 2 Type 2 certified security infrastructure designed to meet regulatory requirements and protect sensitive financial data
- Embedded workflow automation that reduces manual data entry and streamlines loan origination processes
- Real-time data visibility and analytics that give lending leaders actionable insights into portfolio performance and operational efficiency
- Direct data integration pulling credit reports, background checks, insurance, UCC filings, and environmental reports automatically into the loan package
- Borrower-facing portal that collects documents, answers questions, and keeps borrowers informed throughout the loan journey