Thurman provides a cloud‑native marketplace that links certified CDFI loan funds with banks seeking CRA‑qualified loan assets. The platform delivers real‑time supply‑and‑demand analytics, an agentic recommendation engine, and automated underwriting, reporting, and payment workflows through an API‑first, encrypted architecture. This streamlines loan‑sale transactions, reduces operational overhead, and ensures regulatory compliance for both parties.
Funding
Funding not disclosed
Founders
Product
Problem
Certified Community Development Financial Institutions (CDFIs) often rely on manual outreach and ad‑hoc spreadsheets to locate banks interested in purchasing their small‑business loan portfolios, leading to lengthy sales cycles and unpredictable demand. Simultaneously, banks must satisfy Community Reinvestment Act (CRA) obligations but lack a streamlined source of vetted, geographically targeted loan packages, resulting in inefficient underwriting and reporting processes.
Solution
Thurman delivers a cloud‑native software platform that connects CDFI loan funds with banks through a data‑driven marketplace. The system aggregates originations and secondary‑market data to generate real‑time supply‑and‑demand analytics, enabling CDFIs to anticipate buyer interest and plan capital deployment. An agentic transaction engine surfaces optimal loan‑sale recommendations that respect each fund’s covenants and business goals while preserving existing relationships. For banks, Thurman curates customized loan bundles—filtered by geography, volume, and loan type—to meet CRA targets, and automates underwriting, reporting, and payment‑distribution workflows. All interactions are secured via API‑level encryption and conform to industry reporting standards, reducing operational overhead for both parties.
Target Audience
The primary users are certified CDFI loan funds that originate small‑business loans and banks seeking CRA‑qualified loan assets to fulfill community investment mandates.
Features
- Real‑time market intelligence dashboard that visualizes loan supply, demand, and secondary‑market trends across the CDFI ecosystem
- Agentic recommendation engine that matches loan assets to banks based on CRA criteria, financial covenants, and fund objectives
- Standardized reporting module that auto‑generates regulatory‑compliant data packages in a unified format for both sellers and buyers
- API‑first architecture allowing seamless integration with existing loan‑origination, underwriting, and treasury systems
- Customizable loan‑package builder that filters assets by geography, sector, and loan size to satisfy bank CRA portfolios
- Automated payment distribution and capital‑call management tools that reconcile cash flows post‑sale
- Secure data exchange layer with end‑to‑end encryption and role‑based access controls
- Marketplace analytics that track transaction performance and provide audit trails for compliance reporting