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Loans
From lender agreement to schedule in minutes
Loan accounting usually means a spreadsheet built from a PDF. Slingstone Loans reads the agreement and builds the schedule for you.
2 min read · Slingstone
The spreadsheet problem
Debt schedules often live in a spreadsheet that one person understands. When rates change or a payment is missed, updating it is slow and risky.
AI reads the agreement
Upload a loan, line of credit or intercompany note. AI extracts principal, rate, payment terms, fees and covenants into a form, with each value linked to the clause it came from. A person reviews and confirms.
Schedules and entries
Amortization, interest accruals and payment schedules are generated and kept current, and journal entries post every period.
Legacy tools vs. Slingstone
| Legacy tools | Slingstone |
|---|---|
| Schedules built by hand | Schedules generated from the agreement |
| Terms re-keyed from PDFs | Terms extracted with links to the source clause |
| Entries posted manually | Interest and principal entries posted each period |