The primary objective of collections is to generate a positive return for the organization by converting potential losses into revenue. Most organizations leave this potential revenue on the table as collections is often viewed as a secondary or nonexistent activity. In any economy, collections will always be a part of a good end-to-end lending model. Download the ebook to learn more……
12/17/2018 by Mukul Mittal
Taming the True Cost of Collections
Costly. Complex. Time-consuming. These are just a few of the challenges companies face when trying to collect on non-performing loans and leases. Collections are a major strain on finance businesses worldwide. In the US, a company with a 5% net profit and $100,000 in...
11/28/2018 by Cloud Lending Solutions
Leading SaaS Solution Enables Rapid Launch of Service
Within the Fintech sector, the spotlight is now on a new business model known as online lending. An alternative to traditional financing spearheaded by banks, online lending uses ICT to provide lending opportunities to many customers by deploying new screening and...
09/05/2018 by Cloud Lending Solutions
The Lending Domains are challenged by new players with better lending experience and a new way of risk assessment. Cloud, Big Data, Machine Learning, and Automation are bringing process efficiencies and transformed borrower experience. (Hybrid Lending)
08/29/2018 by Cloud Lending Solutions
Hebrew Free Loan – Lending A Hand To Our Community
As a nonprofit interest-free lender, our practices, collections and repayment policies and systems fall far outside of the norms of the lending industry, so it was imperative that our new lending software is adaptable. We found CLS to be highly customizable, and it...
08/09/2018 by William Wagner
SME lending: “Application to funding must be digital”
Traditional lenders have steered clear of the SME market in recent years – but that’s changing. Bobsguide spoke with William Wagner, vice president of marketing at Cloud Lending Solutions, to find out more.
07/23/2018 by Cloud Lending Solutions
Accion : Streamlines Small Business Lending
Accion in the U.S. leverages Cloud Lending Solutions front-to-end platform to streamline and automate their small business lending (SMB) and get a 360 degree view of their borrowers for better business and lending decisions