From term sheet to closing table in minutes

Enter your deal terms, upload financials, and get back every document your deal requires, verified against federal and state regulations for your jurisdiction.

Every check your outside counsel runs, we run automatically.

Zero hallucinations, guaranteed.

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Explore sample output in any module. No credit card required.

How it works

Sign up and explore a sample deal in minutes. See the full document output before you buy.

01

Enter the deal

Pick a module, select your program or deal type, and fill in the terms. Upload borrower financials, fund docs, or target company materials if the module calls for it.

02

Generate the package

Every document your deal requires is generated as a complete set. Review each document against our compliance checklist for required legal clauses, and edit anything inline right on the website.

03

Review the output

Every document comes with a compliance checklist showing exactly which regulations were checked. Review the output, flag anything, and edit inline.

04

Download and close

Download ready-to-sign documents as Word or PDF.

Five modules

Each module covers a different type of deal with its own document set, compliance rules, and calculations. License them individually or run the full suite. Every regulation that outside counsel checks is checked automatically before delivery.

Built for firms that handle sensitive deals

Encrypted and isolated

Every file encrypted at rest and in transit. Download links expire after one hour. Each organization's data is completely separated.

Every number is calculated, not generated

Interest rates, fees, LTV ratios, K-1 allocations, HSR thresholds. Financial figures are extracted directly from your uploaded documents and calculated from your deal inputs. Nothing is AI-generated. You are always the final check.

Compliance-checked before delivery

Every document is validated against federal and state regulations for your deal type, program, and jurisdiction. Usury limits, SBA eligibility, Reg D requirements, ILPA standards. Nothing ships without passing.

Global regulatory coverage

US, UK, Canada, Australia, UAE, EU, China, Hong Kong, Singapore, Japan. Every document is drafted under the correct legal framework with jurisdiction-specific compliance checks.

More than documents

Everything your team needs from first draft to post-closing.

Secure data room

Watermarked, permission-controlled, with full access logs.

E-signatures

Route documents for signature without leaving the platform.

Doc comparison

Side-by-side redline between any two versions.

Deal room

Negotiate terms with counterparties in one place.

Closing binder

Every document, organized and indexed, ready for the closing table.

12 jurisdictions

US, UK, Canada, Australia, UAE, EU, China, Hong Kong, Singapore, Japan, Cayman Islands, Israel.

REST API

Create deals, generate docs, and run compliance checks from your own code.

Client portal

Share documents with counterparties. They see what you want them to see.

Built for agents and integrations

Full REST API. Create deals, generate documents, and run compliance checks from your own code. Every module, every jurisdiction.

Two generation modes

Async: create a deal and poll for status. Sync: pass deal data and get back a base64 document with compliance checks inline.

Webhooks

Get notified when documents are ready. HMAC-signed payloads delivered to your HTTPS endpoint.

Scoped API keys

Per-module permissions. Per-key rate limits. Create and revoke keys from the dashboard.

What you need to get started

Upload your deal data and get back every document your deal requires. Here's what to have ready for each module.

Lending

You provide

  • Borrower name and entity type
  • Loan amount and currency
  • Loan purpose (purchase, refinance, cash-out, construction, bridge)
  • Loan program (SBA 7(a), conventional, bridge, CMBS, USDA, FHA, and 8 more)
  • Property address (for secured loans)
  • Proposed interest rate and term
  • Source documents: tax returns (2 years), bank statements (3 months), P&L, balance sheet, personal financial statement, appraisal

You get back

Up to 36 documents: promissory note, loan agreement, deed of trust, guaranty, security agreement, closing disclosure, amortization schedule, SBA forms, environmental indemnity, UCC filings, and more. Each compliance-checked for your state.

Fund Formation

You provide

  • Fund name and GP entity name
  • Fund type (private equity, venture capital, real estate, hedge fund, credit, infrastructure)
  • Exemption type (Reg D 506(b), 506(c), Reg A Tier 1/2, Reg CF) for US funds
  • Target raise amount and minimum investment
  • Fee terms: management fee %, carried interest %, preferred return %
  • Fund term (years) and geographic focus
  • Investment strategy description
  • Source documents: existing fund docs, term sheets, partnership agreements

You get back

6 documents: Private Placement Memorandum, Subscription Agreement, Operating Agreement, Investor Questionnaire, Side Letter Template, and Form D Draft (US). Compliance-checked for your jurisdiction with fund-type-specific overlays.

M&A

You provide

  • Buyer and seller names
  • Target company name
  • Transaction type (stock purchase, asset purchase, forward merger, reverse triangular merger, tender offer, Section 363 sale, and more)
  • Purchase price, cash component, stock component
  • Earnout amount and structure
  • Exclusivity and due diligence periods (days)
  • Non-compete duration (years) and escrow percentage
  • Target industry and governing law
  • Source documents: financials, existing agreements, corporate records

You get back

6 documents: Letter of Intent, Non-Disclosure Agreement, Purchase Agreement (10 articles, structure-specific), Due Diligence Checklist, Disclosure Schedules, and Closing Checklist. HSR thresholds and regulatory requirements calculated automatically.

Syndication

You provide

  • Sponsor/syndicator name and SPV entity name
  • Property address and property type (multifamily, office, retail, industrial, mixed-use, self-storage, mobile home park, hotel, NNN retail, senior housing, student housing, build-to-rent)
  • Purchase price and total equity raise
  • Minimum investment amount
  • Financing terms: loan amount, interest rate
  • Waterfall structure: preferred return %, projected IRR, hold period
  • Acquisition fee % and asset management fee %
  • Property details: unit count, year built
  • Source documents: appraisals, rent rolls, property inspections

You get back

6 deliverables: Private Placement Memorandum, LLC Operating Agreement, Subscription Agreement, Investor Questionnaire, Due Diligence Checklist, and a full Pro Forma Financial Model with year-by-year projections, IRR, cash-on-cash, equity multiple, and sensitivity analysis.

Investor Reporting

You provide

  • Fund name and fund type
  • Report type (quarterly report, capital call, distribution notice, K-1 summary, annual report, Form ADV summary, capital account statement, valuation report, audited financials, side letter summary)
  • Reporting period (quarter, start date, end date)
  • Fund performance: NAV, total contributions, total distributions, net IRR, MOIC
  • Capital call details: call amount, due date, purpose
  • Distribution details: amount and type (return of capital, income, gain)
  • K-1 details: tax year, filing deadline
  • Source documents: financial statements, portfolio data, investor records

You get back

Up to 10 documents: LP Quarterly Report (ILPA format), Capital Call Notice, Distribution Notice, K-1 Summary (all 23 boxes), Annual Report (16 sections), Form ADV Part 2A Summary (18 SEC items), Capital Account Statement, Valuation Report (ASC 820), Audited Financial Statements, and Side Letter Summary.

How accuracy works

Every number is verified. Every clause is checked. Every regulation that outside counsel checks — usury limits, SBA eligibility, Reg D requirements, ILPA standards, HSR thresholds — is checked automatically, in minutes. Nothing is left to chance.

Every number is calculated, not generated

Financial figures in your documents are never AI-generated. Loan amounts, rates, fees, allocations, and tax withholding are calculated from your deal inputs and extracted directly from your uploaded documents. AI handles legal language. Math is handled separately.

Legal language is checked against real statutes

Every clause is validated against the specific federal and state regulations for your deal type, program, and jurisdiction. Nothing ships without passing.

Uploaded financials are verified automatically

Numbers are extracted straight from your uploaded documents and verified against those same documents before anything enters your output. If there is a discrepancy, you are the tiebreaker. Every flagged item links back to your original upload so you can check it yourself and decide.

Zero hallucinations, guaranteed

Financial figures are calculated, not generated. Numbers are extracted straight from your uploaded documents and verified against those documents before they enter your output. If anything is off, you are the tiebreaker. AI handles legal language. Math is handled separately.

The old way vs. OpenShut

Outside counsel / internal legal

Days to weeks per document set. Longer if the firm is busy or the deal is complex.

Significantly more expensive. Outside counsel bills by the hour. Internal teams carry overhead whether deals are closing or not.

Human error on financials. Loan officers transpose numbers. Associates miss state-specific requirements. Mistakes get caught in review if you are lucky.

With OpenShut

Minutes. Enter the deal, generate the full document set, review and download.

A fraction of the cost. One platform replaces the back-and-forth with outside counsel on routine document work.

Every number is calculated, not typed. No transposition errors. No missed state rules. 200+ compliance checks run automatically on every document.

Zero hallucinations, guaranteed. Every financial figure is calculated, never AI-generated.

Try it on a real deal

Pick any module and generate a sample deal with real output. See exactly what you get before you buy.

Zero hallucinations, guaranteed

See Pricing