FOR BANKS & CRA TEAMS

Efficient deals
close faster

Thurman is the back-office infrastructure your CDFI partners use to execute loan sales. Validated loan data, automated settlement, and transaction records arrive on your side ready to use, less back-and-forth, faster close

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// WHAT CHANGES FOR YOUR TEAM

Validated loan data, ready for your review.

WITHOUT THURMANEvery CDFI sends loan tapes in a different format. Your credit team reformats data, fixes errors, and chases down missing fields before due diligence can even begin.
WITH THURMANEvery loan tape that comes through Thurman has been validated before it reaches you. Exceptions have been flagged and resolved, so your team spends less time on data cleanup and more time on the actual credit decision.

EXAMPLE You receive a Thurman-processed loan tape from a CDFI partner. Data has already been validated and exceptions resolved, your credit team begins review immediately.

// SETTLEMENT

Settlement that takes days, not weeks.

WITHOUT THURMANAfter you agree on terms with a CDFI, settlement typically takes 35–40 days. Manual wire coordination, emailed documents, and post-close reconciliation consume your operations team's time.
WITH THURMANThurman automates settlement on both sides. Once terms are agreed, settlement executes in near real time, and both parties receive confirmed ownership records immediately, no manual reconciliation required.

EXAMPLE You approve a $7.5M loan participation on Monday. By Wednesday, the settlement will be complete, and your operations team will have the ownership transfer confirmation.

// DOCUMENTATION & CRA

Transaction records and CRA documentation, always accessible.

WITHOUT THURMANProving CRA credit to your examiners requires detailed documentation per transaction. Assembling it manually across a portfolio of CDFI investments is a compliance burden your team carries every exam cycle.
WITH THURMANThurman stores transaction records and documents for every deal, deal terms, ownership transfers, and the files your CDFI partners uploaded. When your examiners ask, your compliance team can pull exactly what they need without having to hunt through email.

EXAMPLE Three months before your CRA exam, you retrieve deal records for 18 CDFI loan purchases from Thurman. The transaction documents and ownership records are stored, organized, and ready.

Your CDFI partners are moving to Thurman.

Get early access so your team is ready when they do.

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