Transforming Loan ServicingThrough AI Innovation
We're on a mission to eliminate manual loan payoff calculations and free up equipment finance teams to focus on what matters most.
Our Story
PayoffAgent was born from a simple observation: equipment finance companies waste countless hours manually calculating loan payoffs. Teams spend their days reading through PDF loan agreements, extracting terms, calculating interest, applying prepayment penalties, and generating payoff letters—all by hand.
This manual process is not only time-consuming but also error-prone. A single miscalculation can lead to compliance issues, customer disputes, and lost revenue. We knew there had to be a better way.
Leveraging advances in AI and document understanding, we built PayoffAgent to automate the entire payoff calculation workflow. Our platform can read even the most complex loan agreements, extract all relevant terms, calculate accurate payoffs, and generate professional payoff letters—all in seconds.
Built by Industry Operators
PayoffAgent is developed by Momentum Growth Partners, LLC, a technology company that builds tools for the commercial lending industry.
We're not consultants or theorists—we're operators who write code, understand financing, and create solutions that work. With deep industry expertise combined with modern AI, we build technology that commercial lending professionals actually need.
Our Approach
- We build and own our tools - No third-party dependencies or white-labeled solutions
- We focus exclusively on commercial lending - Vertical expertise matters
- We use what we build - We're practitioners solving real problems
- We share what we learn - Transparency and education drive the industry forward
PayoffAgent is part of a growing ecosystem of tools designed to modernize commercial lending operations. We combine 20+ years of industry experience with cutting-edge AI to create solutions that save time, reduce errors, and allow teams to focus on what matters most—serving their customers.
Our Mission
To empower finance companies with AI-powered automation that eliminates manual work, reduces errors, and allows teams to focus on serving their customers better.
Our Vision
To become the standard platform for loan servicing automation in the equipment finance industry, processing millions of calculations and setting the benchmark for accuracy and speed.
Our Values
Accuracy First
We're obsessed with getting calculations right. Our platform is built for precision and validated against industry standards.
Security & Trust
Your data is sacred. We employ bank-level security and maintain the highest standards of data protection and privacy.
Customer Success
We measure our success by your success. We're committed to delivering value and supporting your team every step of the way.
Join Leading Equipment Finance Companies
See why forward-thinking teams choose PayoffAgent to automate their loan servicing