Converge

Deal: Larkfield Holdings LLC Entity Review Agent

Reading & classifying the file · 142 documents

Operating Agreement

governance · ownership

Entity doc

OA Amendment · 10/22/2025

ownership change

Amendment

Driver's License — S. Vale

identity

Guarantor

Member Schedule — Exhibit A

capital · profit split

Ownership

What we know about this borrower

Borrowing entity

Larkfield Holdings LLC · Delaware

↳ Certificate of Formation · p.1

Managing member

D. Wren · 70%

Required guarantor

S. Vale · added

Borrowing authority

Confirmed · §6.2

Ownership sources

3 docs · reconciled

Blocked

Ownership structure appears engineered to satisfy guarantor requirements

What Converge observed

Majority owner added 11 days before application, removed 9 days after closing.

Why it matters

The guarantee was satisfied on paper only — the owner held no economic interest.

Outcome

Escalated as a material risk finding — assigned to the Chief Credit Officer.

Every conclusion traces to the documents it was built from

OA Amendment p.2 · §1.3 Majority owner added · 10/22/2025

Operating Agreement Exhibit A 0% profit allocation

OA Amendment p.1 · §1.1 Owner removed · 02/14/2026

Certificate of Formation p.1 Larkfield Holdings LLC, DE

Forming credit understanding by hand is expensive, risky, and impossible to scale.

The systems you already run weren't built to change that. Converge was.

Today · by hand

With Converge

Throughput per underwriter

A deal team clears a fixed number of files. The only way to do more is to hire more people.

2–4×

The same team clears far more — reviewing findings, not files.

Risk surfaced per file

A tired analyst on file forty misses what's buried three documents deep.

+ 50%

More risk surfaced per file — every document read, every conflict checked.

Human time on supported checks

Routine, supportable checks still consume hours of skilled underwriter time on every file.

− 90%

Less human time on supported checks — automated where the evidence is clear.

Audit trail on every decision

How a decision was reached lives in people's heads and scattered notes — lost at handoff.

Full

A full audit trail on every decision — each finding traced to document, page, and line.

The economics, per loan relative cost to produce one decision-ready file

Fully-loaded manual production

With Converge

Four layers that turn a pile of documents into a decision you can defend.

Every layer feeds the next, and every conclusion stays connected to its source.

▸ 01 · READ

Nothing gets skipped.

Every document in the file is classified, extracted, and read — every page, not a sample.

▸ 02 · RECONCILE

Conflicts get resolved.

When evidence disagrees, a source hierarchy decides — a filing outranks a form, a form outranks an email.

▸ 03 · ASSESS

Buried risks surfaced.

Entity, guarantor, collateral, and policy risks — caught across documents, each with severity and rationale.

▸ 04 · CITE

Every answer sourced.

Every conclusion traces back to the document, page, and line it was built on.

In production with institutional lenders today.

Built first for the lenders who feel the document burden most — private credit, real-estate-backed, bridge, and non-bank originators underwriting complex files by hand.

In their words

Converge surfaced risk inside an entity structure after the file had already cleared human review. That is the entire job.

Head of Credit · >$2bn originator

From the field

Converge surfaces the risks buried three documents deep — what a tired analyst on file forty misses — and shows you exactly where each one came from.

Head of Ops · >$1.5bn originator

Built by industry experts.

Built by operators and advisors from institutions across lending, banking, private credit, and capital markets.

“We’ve been in your shoes. We tried every system on the market, and beyond moving files through a workflow, the real work stayed manual. Our most scalable solution was a whiteboard. That’s the problem we built Converge to solve.”

Omar Hussein · Co-Founder · Converge Finance

Credit Reasoning Infrastructure for Real Estate Lending.

Forming credit understanding by hand is expensive, risky, and impossible to scale.