Lightning Docs Surpasses 100,000 Loans Closed on Platform

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Irvine, California, April 15, 2025—Lightning Docs™, the premier provider of business-purpose loan documents for private lenders, has officially surpassed 100,000 loans closed on its platform—representing more than $50 billion in loan originations. With almost 5,000 loans generated per month, Lightning Docs continues to be the go-to solution for private lenders seeking speed, accuracy, and compliance in their loan document process.

Since launching in 2018, Lightning Docs has grown from handling its first loan to serving nearly 300 active users, including more than 50% of the nation’s top 50 private lenders. But its growth has accelerated exponentially in recent years. Since 2021 alone, Lightning Docs has seen:

  • Revenue growth of 288%
  • User base expansion of 339%
  • Loan transactions increase by 377%
  • Total loan origination volume surge by 295%

Initially developed to serve Geraci LLP, the nation’s leading private lending law firm, Lightning Docs was designed to streamline the drafting of document packages for thousands of business-purpose loans across all 50 states. Recognizing the absence of commercially available solutions tailored for private lenders, the attorneys at Geraci LLP created a platform capable of delivering complex, legally compliant results while replicating the analytical capabilities of their highly trained legal team.

Beyond private lenders, Lightning Docs stands out as the only business-purpose loan document platform trusted by multiple private lending law firms. These firms rely on the platform not just to safeguard their clients with airtight legal compliance, but also to streamline their own operations and drive business growth.

Lightning Docs began as a promise to deliver loan documents that are fast, compliant, and cost-effective to help our clients grow their businesses. We’re proud to have seen many partners increase efficiency and become leaders in the private lending space. With no long-term contracts, our users choose Lightning Docs every day because of its reliability and efficiency—this milestone is proof of that. We remain focused on our clients’ needs and are excited to launch many new features in Q2 2025 that will further streamline their operations,” said Nema Daghbandan, CEO of Lightning Docs.

The widespread adoption of Lightning Docs reflects a larger shift in the private lending industry—where speed, compliance, and scalability are no longer optional but essential. By eliminating bottlenecks in loan document preparation, Lightning Docs empowers lenders to close deals faster, reduce overhead, and remain competitive in an evolving market.

“Renovo Financial made the switch to Lightning Docs in 2021 for several different reasons: efficiency, consistency, and ease of use. Prior to Lightning Docs, we were using Microsoft to plug and play, which is not the easiest, quickest, or most efficient process. Lightning Docs allowed us to scale our business when we were quickly growing in different markets. Before, we would have to engage with different attorneys to update our templates, but Lightning Docs made things simpler and easier because it covers all 50 states and really cuts down the time our closers were spending drafting loan documents.” said Anne Polson, CEO, SVP of Closings for Renovo Financial, LLC.

Lightning Docs continues to set the standard as the most advanced legal solution custom-built for private lenders. The platform offers features such as preparing table funded, white-label, and correspondent loan documents. Users can also create remarkably complex loan transactions involving multiple properties, borrowers, guarantors, and lenders across state lines, all within a single transaction, effortlessly.

For more information about Lightning Docs or to schedule a demonstration, please contact info@lightningdocs.com.