SearchTec is a financial services startup that simplifies due diligence for financial institutions by providing public records information. Founded in 1990, the company offers services such as loan portfolio monitoring, commercial renewals, and lending due diligence. SearchTec caters to community banks, credit unions, and CDFIs, allowing them to customize reports with a wide range of information, including deeds, mortgages, judgments, liens, delinquent taxes, and more. Additionally, the company provides AVMs, flood determinations, and e-recording services.
Since its establishment, SearchTec has been actively serving community banks and credit unions. The company is headquartered in Philadelphia, PA, with additional offices in Montgomery, AL, Topeka, KS, Frankfort, KY, Oklahoma City, OK, and Columbia, SC. Although specific details about its last investment and investors are not available, SearchTec operates in the Financial Services and Real Estate industries, positioning itself as a valuable resource for entities seeking streamlined access to public records information.