Commercial Lending Comparison
Moody's Lending Suite Origination (formerly Numerated) vs Baker Hill UN/FY (formerly NextGen): Side-by-Side Comparison
Two commercial lending platforms compared on features, pricing, risk tools, and fit for community banks and commercial lenders.
Our Analysis
Numerated is a digital origination overlay that automates data gathering, spreading, and document prep without replacing existing infrastructure — proven under PPP's extreme volume. Baker Hill NextGen is a comprehensive multi-product LOS spanning commercial, consumer, and SBA with built-in risk management. Banks wanting fast digitization of business banking without a full LOS replacement deploy Numerated. Those seeking a ground-up LOS replacement with multi-product coverage choose Baker Hill, accepting a 6-9 month implementation for deeper origination infrastructure.
At a Glance
Moody's Lending Suite Origination (formerly Numerated)
Moody's
Full LOS Small BusinessCommercialEquipment
- HQ
- Boston, MA
- Founded
- 2017
- Deployment
- cloud
- Size Fit
- Small (under $1B assets), Midsize ($1B-$10B assets)
- Pricing
- Custom pricing; estimated $75K–$300K/year for mid-size community banks
- Users
- Moody's does not publish a count of banks. Its November 2024 acquisition release said financial institutions with a combined $3 trillion in assets used Numerated
- Market Share
- Widely adopted among U.S. community and regional banks; grew rapidly during PPP
Baker Hill UN/FY (formerly NextGen)
Baker Hill
Full LOS CommercialConsumerSBASmall Business
- HQ
- Carmel, IN
- Founded
- 1984
- Deployment
- cloud
- Size Fit
- Small (under $1B assets), Midsize ($1B-$10B assets)
- Pricing
- Custom pricing; typical community bank implementations run $75K–$300K/year
- Users
- Hundreds of community banks and credit unions
- Market Share
- Established presence in community banking; precise numbers not publicly disclosed
Feature-by-Feature Comparison
| Feature | Moody's Lending Suite Origination (formerly Numerated) | Baker Hill UN/FY (formerly NextGen) | Edge |
|---|---|---|---|
| Loan Types | Small Business, Commercial, Equipment | Commercial, Consumer, SBA, Small Business | Baker |
| Deployment | cloud | cloud | Tie |
| Pricing Model | SaaS subscription | SaaS subscription based on asset size and module selection | Tie |
| Pricing Range | Custom pricing; estimated $75K–$300K/year for mid-size community banks | Custom pricing; typical community bank implementations run $75K–$300K/year | Tie |
| Product Category | Full LOS | Full LOS | Tie |
| Core Integrations | Fiserv, Jack Henry, FIS | Fiserv, Jack Henry, FIS | Tie |
| Best For | Community and regional banks ($500M–$50B) that want to digitize business banking origination with automated data gathering, spreading, scoring, and document preparation | Community banks and credit unions ($500M–$10B) that want a single SaaS platform spanning commercial, consumer, and SBA lending with built-in analytics | Tie |
| Lender Segments | Banks | Banks, Credit Unions | Baker |
| Size Fit | Small (under $1B assets), Midsize ($1B-$10B assets) | Small (under $1B assets), Midsize ($1B-$10B assets) | Tie |
Key Differences
- Moody's Lending Suite Origination (formerly Numerated) covers Equipment lending while Baker Hill UN/FY (formerly NextGen) covers Consumer, SBA lending.
- Moody's Lending Suite Origination (formerly Numerated) targets Banks, whereas Baker Hill UN/FY (formerly NextGen) focuses on Banks, Credit Unions.
- Baker Hill UN/FY (formerly NextGen) (founded 1984) has a longer track record, while Moody's Lending Suite Origination (formerly Numerated) (founded 2017) brings a more modern architecture.
Choose Moody's Lending Suite Origination (formerly Numerated) if...
- ▸ Dramatically reduces manual data entry in business lending
- ▸ Proven at scale during PPP, battle-tested under high volume
- ▸ Now backed by Moody's financial stability and credit analytics
- ▸ Fast implementation compared to enterprise LOS replacements
Choose Baker Hill UN/FY (formerly NextGen) if...
- ▸ True multi-product platform without Salesforce dependency
- ▸ Baker Hill says more than 20,000 bankers use its loan origination products (as of September 2026)
- ▸ Baker Hill says UN/FY can reduce origination costs by up to 60 percent
- ▸ Decades of community banking domain expertise
Deep Dive
Frequently Asked Questions
Is Numerated a full LOS like Baker Hill?
No. Numerated automates data gathering, spreading, and document preparation as a digital origination layer. Baker Hill is a full LOS with commercial, consumer, SBA origination, risk scoring, and portfolio analytics.
Can a bank run Numerated alongside Baker Hill?
Potentially — some banks deploy Numerated as a digital front-end feeding into a back-office LOS for comprehensive processing. This creates two-system architecture complexity but captures speed-to-digital origination alongside comprehensive loan management.
Which deploys faster?
Numerated deploys significantly faster since it layers onto existing infrastructure. Baker Hill implementations take 6-9 months for full deployment across commercial, consumer, and SBA modules.
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