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Cloud Lending Solutions Launches Asset Leasing Product


California-based Cloud Lending Solutions today added to its six lending-management products by launching CL Lease which integrates into lessors’ own leasing platforms to provide 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, 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.