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PayNet, Inc.
5750 Old Orchard Road, Suite 250
Skokie, Illinois 60077

866-825-3400 | 847-965-9828 fax
Website: www.paynetonline.com

Contact:
Kurt Klassen
Vice President, Sales
847-745- 6092
kklassen@paynetonline.com

General Information

Type of Business: Small-Business Credit and Risk Management

In Business Since: 1999

Trade Associations: Equipment Leasing and Finance Association

Description:

PayNet, Inc. is the premier provider of risk management tools and market insight to the commercial credit industry, collecting real-time loan information from more than 200 leading U.S. lenders and turning it into actionable intelligence. The company's proprietary database -- updated weekly -- is the richest and largest collection of commercial loans and leases, encompassing more than 16.5 million current and historic contracts worth over $700 billion. Using state-of-the-art analytics, PayNet converts raw data into real-time market intelligence and predictive information that subscribing lenders use to manage risk, lower operating costs, originate more loans and improve their business strategy. PayNet’s small business capabilities range from historic credit-reporting and automated credit-scoring to detailed strategic business reviews that include portfolio risk measurement, default forecasting, peer benchmarking and critical industry trend analysis.