Covenant Command Center
Save Bank $271,000 per year for missed loan covenants
#Fintech
#SaaS
Covenant Command Center – Automates extraction of loan covenants from credit agreements
Summary: Covenant Command Center extracts 18 covenants from 500-page credit agreements in under 2 hours using a patent-pending mapping table, reducing manual review time from 40 hours and preventing $285K per year in fines.
What it does
It scans lengthy credit agreements to identify all key covenants quickly and accurately, replacing slow manual processes.
Who it's for
Designed for banks managing complex loan agreements and compliance monitoring.
Why it matters
It prevents costly regulatory fines by ensuring no covenants are missed in extensive loan documents.