Paper Chase

Paper Chase

Paper Chase operates as a lending-infrastructure and marketplace provider for credit unions, community banks, and CUSOs. No founding year or named principals are publicly disclosed. The firm’s technology suite spans small-dollar commercial loans, commercial real estate and C&I origination, and a secondary loan marketplace — the latter enabling institutions to trade commercial and consumer loans of $1 million or more. Its platform claims more than 200 lender users and over 2,800 closed loans. The firm’s deployment flows through three product lines. Creditable automates small-balance loans between $5,000 and $500,000 for equipment, commercial vehicles, and business credit cards. Paper Chase Core manages full-lifecycle origination and document collection for real estate and C&I deals, targeting lender portfolios from under $500 million to above $3.5 billion. Paper Chase Loan Marketplace facilitates secondary trading of commercial and consumer loans. Geographic activity is not disclosed beyond a US focus, and no named portfolio companies, deals, or co-investors are publicly cited. Team size, office locations, and adjacent vehicles are not published. The firm’s digital footprint is limited to its website, which presents the platform’s aggregate metrics — over 200 lenders, 2,800 closed loans, and $3.5 billion in managed assets. No recent operational announcements, leadership changes, or fundraising events were identified. Paper Chase’s structural distinction is its embedded loan marketplace. Most origination-software providers stop at the point of close; Paper Chase gives lenders a venue to move paper post-origination, creating a liquidity mechanism inside the same platform that generated the loan. This makes the firm resemble a broker-dealer built atop an origination SaaS — an architecture rare among credit-union-focused technology vendors.