California-based Cloud Lending Solutions added to its six lending management products today by launching CL Lease. It integrates into lessors’ own leasing platforms providing an automated view of the full life of the lease on a single record.
Cloud Lending highlights four main benefits of the new tool:
- Set up payment schedules or other monthly charges
- Automate billing and flexibly recalculate changes
- Manage a lease after contract maturity
- Work with delinquent accounts to improve collections
CL Lease is available on Salesforce’s marketplace, Force.com. It can either be integrated into an existing origination platform or work with Cloud Lending’s in-house platforms, CL Originate and CL Collections.
At FinovateSpring 2015, Cloud Lending’s co-founder and CEO Snehal Fulzele debuted CL Exchange, a platform where online loan marketplaces and lenders exchange loan applications to find the best match for their portfolio.
In a presentation at FinDEVr San Francisco 2014, the company’s CTO & co-Founder, Darpan Saini gave a presentation on how banks can take advantage of Cloud Lending’s multiple offerings.
FinDEVr New York 2016 is coming up on March 29 & 30. Register today to save your seat.
The post Cloud Lending Solutions Launches Asset Leasing Product appeared first on Finovate.