Full-Time
Loan Consultant
Casca
11-50 employees
AI-driven loan origination platform for banks
Compensation Overview
$80k - $115k/yr
Mid, Senior
H1B Sponsorship Available
San Francisco, CA, USA
In Person
- 3+ years crushing it in commercial banking, SBA lending or small business finance
- Proven track record of exceeding goals and building client relationships
- Deep knowledge of small business financing landscape and commercial lending
- Expert-level communication skills – you can explain complex financing to anyone
- Self-starter who thrives in fast-paced, results-driven environments
- Own the entire deal lifecycle – from initial consultation to underwriting to closing, working directly with business owners, referral partners, and lenders.
- Master the SBA universe – 7(a), 504, Express loans, and conventional financing, becoming the go-to expert clients trust with their biggest financial decisions
- Build your empire – develop a thriving book of business through referral partnerships with CPAs, brokers, and other referral sources who send you their best opportunities
- Break through barriers – navigate complex financial structures, credit challenges, and lending requirements to get deals approved that others can't
- Track record of closing complex deals with challenging credit profiles
- Background in business development, underwriting, or closing
- SBA lending certifications or specialized training
- Established relationships with referral partners
Casca specializes in providing an AI-driven loan origination system tailored for banks and lenders. The platform automates the lending process by offering features such as digital applications, applicant tracking, and automated underwriting. This allows financial institutions to efficiently manage loan applications and access pre-screened loan opportunities. Unlike many competitors, Casca focuses specifically on enhancing the workflow of lending operations through its B2B service model, catering exclusively to banking clients. The goal of Casca is to improve the efficiency of lending processes in the financial sector, ultimately capturing value within this industry.
Company Size
11-50
Company Stage
Seed
Total Funding
$4M
Headquarters
New York City, New York
Founded
2023
Simplify's Take
What believers are saying
- Casca achieved nearly 3x higher conversion rates than traditional methods.
- The company secured $3.9 million in pre-seed funding, showing strong investor confidence.
- Casca's platform brings higher quality leads, improving client acquisition for banks.
What critics are saying
- Increased competition from established players like J.P. Morgan could challenge Casca.
- Rapid AI adoption may lead to a crowded market, affecting differentiation.
- Customer concerns about generative AI could slow down platform adoption.
What makes Casca unique
- Casca offers an AI-native loan origination system, a first in the industry.
- The platform automates underwriting, reducing manual effort by 90% for banks.
- Casca's AI Loan Assistant, Sarah, provides instant responses, enhancing customer experience.
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Benefits
Company Equity
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 8%1 year growth
↓ -7%2 year growth
↓ -10%Financial institutions are embracing the integration of generative artificial intelligence into their operations, recognizing it as a vital step to remain competitive in today’s fast-evolving financial services landscape. Industry players are transforming traditional methods of data analysis and client interaction through GenAI capabilities, which include automating complex tasks, extracting deeper insights from data, and improving communication channels with clients and stakeholders. In December, J.P. Morgan announced that it is “pursuing” a conversational analytics assistant, aimed at enhancing the corporate treasurer experience by simplifying access to complex data — a task that it said remains daunting for many treasury departments
Cascading AI raises $3.9 million to revolutionize banking with AI Loan Origination System.
SAN FRANCISCO, Feb. 9, 2024 /PRNewswire/ -- Cascading AI , a cutting-edge fintech startup founded by alumni of Stanford University and Y Combinator, is thrilled to announce the successful completion of its $3.9 million pre-seed funding round to unlock $1 trillion in value of advanced AI for the global banking industryCasca, the flagship product of Cascading AI, is revolutionizing the lending landscape as the first AI-native Loan Origination System.Cascading AI Secures $3.9 Million in Pre-Seed Funding to Revolutionize the Banking Industry with AI-native Software Post this"The real game changer is our AI Loan Assistant, Sarah," says Lukas Haffer, CEO of Cascading AI. "Imagine a small business owner applying for a loan on a Friday evening and waiting 72 hours for a response from a loan officer. With Casca, they receive an email response within minutes from Sarah - who leads them through the entire application process. Sarah is infinitely patient and infinitely kind; every loan applicant receives the care and attention they deserve."Casca is already showing results by achieving nearly 3x higher conversion rates and reducing manual effort in the back office by 90% compared to traditional methods."We've just seen tremendous success with Casca, even in the first months," said Ryan Hildebrand, Chief Innovation Officer at Bankwell Bank, Casca's first customer. "Casca helps bring leads that are five or six times the quality of what was coming in through organic marketing."The pre-seed funding round was led by Peterson Ventures, a renowned investor in the vertical SaaS sector known for identifying disruptive startups
Cascading AI recently secured pre-seed funding from a consortium of investors, including Peterson Ventures, Y Combinator, The Sarah Smith Fund, and Clocktower Technology Ventures.
Y Combinator の2023年夏バッチのデモデイに集まった起業家の皆さんImage credit: Y Combinator. 先週、Y Combinator （YC）が2023年夏バッチのデモデイを開催した。24,000チームの応募から200チームが選ばれ、発表した企業の75％は採択時点でマネタイズができていないアーリースタートアップだった。コロナ禍ではオンライン参加が多かったこともあり世界中のスタートアップが集積したが、コロナ沈静化で対面制に復帰したこともあり、多くの採択チームがサンフランシスコに拠点を置いていた。. 分野でみると、採択チームの7割が B2B SaaS／エンタープライズ分野だった。また、今バッチの最大の特徴は AI 関連が多く採択されたことだ。60％以上の企業が AI 関連であることがわかった。YC のデモデイはシリコンバレーで最も人気のあるアーリー投資イベントの一つだが、投資家たちの関心が以前と同じではないということがわかる。投資家たちは、デモデイ登壇よりも前に全チームに会う機会を得て、条件が合えば投資を実行しているそうだ。