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...
10/12/2018 by Mukul Mittal
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...
10/05/2018 by Mukul Mittal
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...
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...