Cloud Lending Solutions, a cloud-based end-to-end lending and leasing platform, today announced that Rent 2 Own Anything, a Melbourne-based Australian rent-to-own business, has selected CL Originate™ to automate and simplify the origination and underwriting process and CL Lease™ to enable efficient servicing and asset management for white goods used by consumers.
Rent 2 Own Anything is one of the leading Melbourne-based rent-to-own consumer leasing businesses, and needed a solution to automate the entire rental business while improving its operational efficiency. CL Originate helps automate decisioning and lease application processing while CL Lease simplifies contract lifecycle servicing and asset management, and helps address the different scenarios that may come up during the rental period and asset disposal.
“We wanted to provide our customers with efficient and flexible solutions that suited their financial situation. With Cloud Lending Solutions, we will integrate our disparate systems and manual processes to automate the entire application and contract management process, on a single system, from evaluating applications to servicing, collections and asset disposal. The salesforce.com platform gives us the flexibility to not only automate the entire process but also scale and geographically expand into new markets when the time comes,” said Scott Perry, Managing Director of Rent 2 Own Anything.
“With CL Originate and CL Lease, Rent 2 Own Anything will be well positioned to maintain strong relationships with its customers and improve their overall experience,” said Snehal Fulzele, CEO of Cloud Lending Solutions. “Rent 2 Own Anything’s selection of CL Originate and CL Lease is a testimony to the value our suite of applications brings to our customers while driving innovation.”