In a growing peer-to-peer and marketplace lending industry, marketplace lenders need to get to market quickly with a product that is agile. These lenders need an efficient and configurable technology solution linking borrowers and investors online. Back-end processes such as origination, underwriting, servicing and collections for online loans can be complex and expensive without the right technology solution, and pose a significant challenge to the business.
CL Marketplace is a cloud-based marketplace application that is specifically designed to handle the complexities of managing the entire online marketplace loan cycle from online origination, loan fractionalization, servicing and managing multiple investor portfolios.
Key Benefits: