Preferred Service Provider & Select Member
5750 Old Orchard Rd., Ste. 300
SkokieIL  60077-4410
Phone: (847) 745-6091
Fax: (847)-965-9828
ICBA Member: 3 years
Preferred Service Provider Select Member
Main Contact
Mr. Barry Ripes
Managing Director
(847) 745-6062

About Us

PayNet, Inc.  provides credit ratings on small businesses enabling lenders to optimize risk management, accelerate growth and achieve operational efficiencies.  PayNet’s proprietary database encompasses over 23 million contracts worth over $1.4 trillion.


Program Features

The information available through PayNet’s Market Conditions and Credit History reports comes from a proprietary database of more than 23 million loans submitted by participating banks and other commercial lenders.  Interactive reports are available anytime, anywhere through a secure internet connection.


Credit History Report: aids underwriting by advising on the credit worthiness of the borrower.  Bankers are able to see how the borrower has handled similar transactions in the past, summarized by individual contract or grouped by common factors including collateral type, financing product, term and payment frequency, repayment status, and more.


Market Conditions Report: provides a localized market intelligence summary that includes information on the industry and regional trends.  Real-time and predictive information can be used to enable better loan decisioning, streamline operations, and identify changing circumstances that may put existing loans at risk of default.


ICBA Member Advantages

  • 5% discount on all monthly subscription fees.
  • Banks under $300 million in assets receive a member price of $237/month, including three Credit History reports.
  • Banks over $300 million in assets receive a member price of $475/month, including six Credit History reports.