San Mateo, CA, February 21, 2017
Cloud Lending Solutions announced today that it had closed its latest financing round led by Cota Capital, with all existing investors participating. The proceeds will be used to continue its global expansion and to further develop its industry-leading lending platform.

Cloud Lending Solutions was founded in 2012 and is the lending industry’s only cloud-based, end-to-end loan and leasing platform built natively on Salesforce, the world’s #1 CRM company. Cloud Lending Solutions has more than 2,800 lending users in over 23 countries, who use its products to run all, or part of, their origination, underwriting, servicing and collections lending operations:

  • CL Originate™ is an underwriting platform for high-growth financial services. Cost-effective and agile, it manages loans, lines of credit and other financing arrangements, converting applications into contracts for servicing.
  • CL Loan™ is an end-to-end lending application that enables lenders to manage loans, lines of credit and other financing arrangements under one robust and secure platform. It manages portfolios, drives transaction volume and reduces time to market for new product development.
  • CL Collections™ is an advanced collections solution that enables lenders to define and automate their collection processes, streamline customer interaction across channels and reduce technical, operational and servicing costs.
  • CL Lease™ enables lessors to efficiently manage equipment lease throughout the life cycle of the equipment and manage assets, contracts, and customers seamlessly. It can be integrated with an existing origination platform or with the CL Originate platform.
  • CL Marketplace™ manage entire loan cycles from origination, loan grading & marketplace funding to fractional investing and payments. It automates investments across multiple borrowers on loan grade exposure limits.

Cloud Lending Solutions’ continued growth has been driven by increased demand among global lending companies in North America, Europe, and AsiaPacific. Building on this momentum, Cloud Lending Solutions will use the additional financing to continue expanding its global reach, to accelerate product growth and innovation, to invest in additional sales and marketing resources, and to evaluate strategic partnership opportunities.

“We have seen our business accelerate dramatically since our launch in 2012,” says Snehal Fulzele CEO of Cloud Lending Solutions. “Every day, more companies realize that the cloud computing model empowers the global lending community. Banks, Lessors, and AltFi institutions can grow their lending and leasing business leveraging digitization, resulting in rapid product delivery and increased operational and compliance efficiencies. This capital gives us additional resources to expand quickly and strategically into new markets, innovate rapidly, and deliver on our vision around the world.”

The Cloud Lending Solution product suite allows companies to configure their loan and lease practice using agile methodology, adapting product and lending workflows to customer requirements and complementing existing legacy systems. Cloud Lending Solution customers can create a transformative Omni-channel borrower experience that best fits the borrower’s needs, while simultaneously providing the customers with transparency and visibility into all areas of the borrower’s loan lifecycle. Built for rapid deployments using Salesforce’s Force.com architecture, clients can be up and running in as little as eight weeks.

“As demonstrated by their remarkable growth and widespread adoption, Cloud Lending Solutions is clearly a market leader in the development and delivery of loan and leasing cloud-based software,” says Bobby Yazdani, Founder and Managing Partner of Cota Capital. “This investment will help Cloud Lending Solutions capitalize on the global demand for their solutions, and accelerate the company’s pace of product innovation. By every metric Cloud Lending Solutions’ platform is powering this evolution in borrower and lender experience and we are thrilled to extend our partnership as they continue to scale.”

Additional Resources
● Product Overviews: https://www.cloudlendinginc.com/product-demo-videos/
● Follow us on LinkedIn: https://www.linkedin.com/company/cloudlendinginc
● Follow us on Twitter: https://twitter.com/cloudlending
● Contact us for a demo: https://www.cloudlendinginc.com/schedule-demo/

About Cloud Lending Solutions
Cloud Lending Solutions, a leading cloud-based financial services technology company, empowers the global lending community to connect with their borrowers by transforming the borrower and lender experience.
Built on Salesforce, the worlds #1 CRM, Cloud Lending Solutions is the lending industry’s only end-to-end loan and leasing software specifically designed to digitize the entire lending process; from origination, underwriting, servicing, to collections, creating a single system of record within lending operations. Clients include banks, credit unions, traditional finance companies, online lenders, and marketplace platforms. Visit Cloud Lending Solutions at: www.cloudlendinginc.com

Press Contact
William Wagner
Phone: 1.650-279-0325
Email: william@cloudlendinginc.com
Cloud Lending Solutions

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...

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...

Fujitsu Presents ‘Digital Transformation of Banking Services’ Report

Fujitsu today presented an analysis of challenges and the impact of digital transformation in the banking sector, outlining new business models and opportunities.

Cloud Lending Solutions: 2018 Red Herring Top 100 North America Winner

Red Herring announced the winners of its Top 100 North America 2018 event, recognizing the continent’s most exciting and innovative private technology companies. The winners, celebrated at a special awards ceremony at the Marina Del Rey Hotel, have been chosen from...

Study Loans leverages Cloud Lending Solutions for Student Lending Offering

San Mateo, April 30 , 2018 – Study Loans, the first Australian based FinTech to offer student loans for vocational and higher education sectors, recently selected Cloud Lending Solutions, a leader in cloud-based lending and leasing software, to build and launch their...

Cloud Lending Solutions Wins FinTech Breakthrough Award for Best Business Lending Platform

San Mateo, May 8, 2018 – Cloud Lending Solutions, a leader in cloud-based lending software, today announced that it has been selected as the winner of the “Best Business Lending Platform” award by FinTech Breakthrough, an independent organization that recognizes the...
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