San Mateo, February 14, 2018Cloud Lending Solutions, a leader in cloud-based commercial lending and leasing software, announced upgrades to its front-to-end lending platform for clients using: CL Loan™, CL Lease™, CL Originate™, CL Collections™, CL Marketplace ™, and CL Portal™. The Cloud Lending Solutions lending platform supports over ninety clients worldwide who are engaged in Commercial Lending, Small Business Lending, Construction Loans, Secured & Unsecured Consumer Loans, and Equipment Leasing.

“This latest release is a continuation of our commitment to customers and the market. As we expand globally, clients are leveraging our product to increase loan volumes and decrease both operational and capital expenses in their highly competitive lending environment,” said Snehal Fulzele, Co-Founder, and CEO of Cloud Lending Solutions. “The Lynx release is a blend of market-based product advancements and customer requested features. With our ability to create a digital application process and eliminate re-keying of data, our clients are seeing upwards of 35% cost reduction and increased loan application volumes many times over. We are giving our customers same year ROI from their IT systems, not the 3 to 5 years ROI lenders are accustomed to.”
The Lynx release, designed around leasing and lending efficiency, delivers many sought-after features to the market including:
Collaboration and Communication – Integration of bi-directional communication threads with lending teams and external borrowers combined with audit and tracking
Multi-Party Scorecards – Fully configurable for different loan/lease types and relationships
Global Relationship View – Lenders can get a 360-degree view of every borrowing entity and can calculate entity and global credit exposure
Borrower Portal Builder – Design and manage a front-end portal through a library of portal components using a declarative (point and click) user interface
Collections Dashboard – Redesigned Collections dashboard with ability to add new UI elements through declarative (point and click) user interface
This product release follows a recent announcement last month of the Cloud Lending Solutions Lease Xcelerate Program for lessors looking to go live with a full implementation or run a proof-of-concept for a new lease practice in eight weeks.
About Cloud Lending Solutions
Cloud Lending Solutions is a lending platform for financial institutions looking to create the ultimate borrower experience. Through our integrated front-to-end lending platform, lenders can simplify their entire lending experience, accelerate loan processing and revenues, and reduce operational inefficiencies through automation & configurations. With solutions for Commercial Loans, SMB Lending, Construction Loans, Secured & Unsecured Consumer Loans, and Equipment Leasing, our platform supports the next generation of products and services aimed at providing real product differentiation. Built on the Salesforce Force.com platform, the world’s #1 CRM, Cloud Lending Solutions has over 90 clients globally with offices in San Mateo, London, Sydney, and Bangalore. To learn more, visit us at https://www.cloudlendinginc.com/
Media Contact:
William Wagner
Cloud Lending Solutions
650-279-0325
william@cloudlendinginc.com

Q2 Holdings, Inc. Completes Acquisition of Cloud Lending, Inc.

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital banking solutions for financial institutions, announced today it has successfully completed its acquisition of San Mateo, California-based Cloud Lending, Inc., a SaaS company that provides an integrated...

Cloud Lending Solutions Sponsors FinovateFall Conference in New York

NEW YORK, September 5, 2018 (GLOBE NEWSWIRE) – via NetworkWire – Cloud Lending Solutions, Inc. is pleased to announce its sponsorship of FinovateFall, otherwise known as the region’s leading fintech innovation event, as it returns to New York City for an energizing...

The Age of Omnichannel: Utilizing Technology to Meet Customers Where They Are

In a Monitor Q&A, executives from four software companies — Farooq Ghauri of NetSol Technologies, Mukul Mittal from Cloud Lending Solutions, Madhu Natarajan from Odessa Technologies and Jeff Van Slyke from LeaseTeam — discuss technology strategies for equipment...

Asset Finance Digital Edition: Asset Based Financing

The sixth Leasing Life Digi-mag looks at how asset-based financing models can narrow the funding gap for UK SMEs. Read how

Q2 to Acquire Cloud Lending. So What?

Sam Kilmer of Cornerstone Advisors wrote in the Gonzo Banker blog why Q2 acquiring Cloud Lending Solutions was a wake-up call to Banks.  Read his thoughtful...

Q2 Holdings, Inc., Enters Agreement to Acquire Cloud Lending, Inc.

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of secure, experience-driven digital banking solutions for community-focused financial institutions, has announced an agreement to acquire San Mateo, California-based Cloud Lending, Inc., a privately-held SaaS company...
Load More

Get help from the industry's lending experts

For more information, ask a question or to request a demo, contact us.
Please Complete All Fields