mysherpas provides a purpose-built business lending platform designed specifically for commercial lenders, rather than retrofitted from other software. The patented, AI-driven platform centralizes loan document management and integrates with 17+ systems, helping lenders like Mountain America Credit Union achieve 12x faster processing times. It is SOC 2 Type 2 certified and has originated over $3 billion in loans.
Funding
Funding not disclosed
Founders
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