Reviews & Renewals

Annual reviews and renewals are one of the most painful parts of commercial lending. They are frustrating for borrowers, repetitive for lenders, and heavily dependent on spreadsheets, emails, and manual coordination.

They are also one of the easiest places to modernize.

Ascent delivers a powerful reviews and renewals workflow that centralizes loan operations and removes unnecessary manual work, while giving teams better visibility into risk and performance.

Reviews and renewals are often treated as the cost of doing business. Ascent treats them as a chance to simplify operations and improve decision-making.

With Ascent, institutions configure review and renewal workflows based on their own policies, covenants, and servicing calendars. The platform automatically gathers required information, tracks progress, and coordinates work across teams, allowing lenders to focus on judgment rather than administration.

Ascent surfaces exceptions, covenant failures, and risk signals that actually require attention, so teams spend time where it matters most instead of treating every review the same. Reviews become targeted and proportional, not one-size-fits-all.

This is also one of the simplest ways to get started with Ascent.

Reviews and renewals do not require a full core integration. Institutions can begin using Ascent with flat files or limited data inputs, dramatically reducing IT lift and deployment time. Value shows up quickly, even before additional systems are connected.

Many tools can help you track reviews. The difference is whether the work actually gets easier.

For many institutions, reviews and renewals are the ideal starting point with Ascent. They deliver immediate operational relief, better risk visibility, and establish unified data that can later support lending, servicing, and deeper relationship management.