Proximitty

Founded by Wye Yew Ho in 2026

Autonomous business loan servicing

Cost

Demo

Rating

★ Mixed Reviews

Time to value

Quick Setup (< 1 hour)

You can use Proximitty to automate commercial loan servicing workflows including covenant monitoring, financial spreading, document collection, and annual reviews. The system tracks compliance deadlines, calculates financial ratios, flags breaches, and follows up on missing documents automatically. It generates credit review memos, validates borrower submissions, and maintains detailed audit trails for regulatory compliance. The platform works with existing banking systems without requiring integration or engineering resources.

What Proximitty does

Request and track borrower financial documentsCalculate debt service coverage and other ratiosFlag covenant breaches and exceptionsRoute document packages to appropriate teamsGenerate credit review memorandumsUpdate risk ratings based on financial performanceFollow up on missing compliance itemsLog all actions with timestamps for auditsAutomatically tracks and validates loan documentsCalculates covenant ratios and flags breachesGenerates credit review memos in hours not daysMaintains complete audit trails for regulatorsWorks with existing systems without integrationUpdates workflows without engineering supportProvides 90% automation across loan lifecycleConfigurable human review checkpoints