As part of the Lend Academy Podcast Series, Peter Renton, Founder of Lend Academy, recently interviewed Snehal Fulzele, CEO and Co-founder of Cloud Lending Solutions. As one of the first and leading software providers to the marketplace lending industry, Snehal founded Cloud Lending Solutions to develop specialized software for the unique business needs of the lenders.

Cloud Lending Solutions has been created to meet the needs of the next generation of lenders, marketplace platforms and online lending companies. Our clients today include banks as well as traditional finance companies, online lenders and marketplace platforms.

In the podcast, Snehal said that he considers banks as the biggest market opportunity for Cloud Lending Solutions. In order to compete with alternative lenders, he believes banks need to up their game by providing a superior borrower experience. Although it is unlikely that they can displace their core legacy systems, they can improve the origination and underwriting side of things to provide a great borrower experience. This is where Cloud Lending Solutions comes in.

To listen to this podcast episode, you can listen here or download the MP3 file here.

Download the PDF of the transcription of Podcast 61: Snehal Fulzele of Cloud Lending Solutions

Small Business Lending: A For-Profit Business

There is nothing small about small business.  There are 28.8 million small business in the United States, and small businesses make up 99.7 percent of all businesses in the country.  Small businesses are the engine that drives our economy, so ten years ago when our...

Winning Over Resistance to IT Changes

Finance organizations worldwide are struggling with aging lending and leasing systems. They have read much data and various case studies showing how new systems can improve operational efficiency, increase competitiveness and integrate with the third-party solutions...

Two Readily Available Solutions to Expand Funding for Smaller Businesses

Small and mid-sized companies are vital to the prosperity of the U.S. economy. Yet many struggle to secure the financing needed to grow their businesses. Access to financing has improved to some extent in the recent years as have the options with the influx of online...

Asset-Based Financing Models Can Narrow Funding Gap for UK SMEs

The shortage of affordable finance options for small and medium-sized enterprises (SMEs) in the UK has received widespread attention, and rightly so. The data trends are especially disturbing given the importance of small business sustainability and growth to the...

Marketplace Lending – How to Get to Market Faster

Marketplace lending platform represents a highly scalable, next generation lending approach that industry innovators are using to bring to market a wide range of specialized commercial and consumer lending products. Morgan Stanley estimates that the marketplace...

To Build or To Buy? – The Question for Every Marketplace Lender

Marketplace lenders have to make tough decisions, one of the hardest and most important is whether to Build or to Buy a technology solution. The core ingredient for a marketplace lender is the platform on which they operate. The success of the business is highly...
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