Casca

Casca (Cascading AI) is an AI-native loan origination system for small business and commercial lending, used by FDIC-insured community and regional banks, SBA lenders, and non-bank lenders to originate roughly 10x more loans with 90% less manual effort. Its AI agent, Sarah, handles applicant inquiries 24/7 with a 2-3 minute response time (63% of inquiries arrive after hours), regularly follows up with applicants to collect financial documents, and a voice assistant can intelligently discuss loan files with officers and answer applicant questions in real time and natural language. Behind the conversation, the platform automates 90% of document collection (saving loan officers roughly 20 hours a week), analyzes 100+ document types, reads 10,000 pages in five minutes, runs 40+ KYB checks and credit bureau pulls, calculates financial ratios, offers instant pre-qualification and creditworthiness assessment outside business hours, and generates loan documents, cutting loan cycle times by about five days and tripling application conversion. A loan officer dashboard streamlines underwriting with automated post-submission borrower checks. Live Oak's Chairman Chip Mahan is a public champion, and Live Oak and Huntington are integrating Casca's tools for SBA 7(a) lending. $29M Series A from Canapi and Live Oak.