Originate. Underwrite. Innovate.
CL Originate™ is a customer-centric, agile loan origination and underwriting platform for banks, credit unions, lessors, and alternative finance companies. From the submission of the application through disbursements, CL Originate manages the entire origination and underwriting process including loan file management, workflows, auto-decisioning, parties management, credit memo, credit analysis, approvals, and covenants. CL Originate is completely configurable and cloud-based allowing financial institutions to get to market quickly and stay competitive.
Streamline origination and underwriting processes, resulting in lower costs and faster decisions.
Create online lending products with a great customer experience that can work with a wide range of loan types.
Efficiently manage the large number of tasks, documents, and parties required to underwrite complex loans. Manage approvals, work queues, and automated and manual tasks across multiple departments.
Configurable workflow rules ensure that required tasks are completed and required documents are collected, distributed, and signed. Manage the workflow between departments and manager approvals.
Make changes quickly in order to conform with evolving regulations and business processes.
Here’s What We Can Do For You
Create best-in-class online lending products that get results in just a few clicks
Create online automated decisioning products; automate the decision-making process from application to funding, credit pull, credit decisioning, collateral evaluation, and pricing. Integrate with a wide number third-party data sources across the globe; and manage exceptions by automating workflows and approvals
A configurable template approach for defining workflows, tasks, documents, decisioning requirements, approvals, and pricing
A collaborative space to define, gather, and review required loan documents
Create multi-tiered and customized scorecards by lending product
View, discuss, and vote on loan opportunities online; improve meeting efficiency by automatically capturing meeting minutes and enforce loan presentation time limits
Financial Statement Analysis
Configure financial statements, such as balance sheets, income statements, and cash flow statements, as well as configure calculations and financial ratios to support financial analysis; input, generate, and analyze financial statements spanning multiple reporting periods