Helping Alternative Lenders Close More Deals, Faster
LOS ANGELES, Dec. 5, 2018 /PRNewswire-PRWeb/ -- FUNDINGO, the best-in-class loan management solution for Salesforce, is now easier to access than ever before. FUNDINGO Loan Origination, the origination app built by the Salesforce consulting experts at CloudMyBiz, is now fully available via the Salesforce AppExchange.
With this app, brokers and funders now have better access to the powerful origination solution, one part of the powerful end-to-end FUNDINGO platform that helps Alternative Lenders better track, monitor and manage the origination of all loans and merchant cash advances.
"The Origination app is the foundation for all of our apps," said Henry Abenaim, founder and CEO of CloudMyBiz. "This app is more than ready for prime time, having been implemented, proven and optimized by our consulting team over the last 6 years. Being on the AppExchange marks a big milestone for the greater community of brokers and lenders who are looking for better access to a robust system that helps them remain competitive. This is a time in the industry where technology is the deciding factor of success. Having the tools needed to communicate with customers and lenders quickly is paramount to the success of any sales or lending office, and our Origination App is built to allow any funder to win more deals."
FUNDINGO Origination is built specifically for the Marchant Cash Advance and Alternative Lending industry. The app speeds up submissions and the deal entry process, providing powerful tools to more effectively manage commissions, renewals, and transactions. Sales & pipeline management tools, along with enhanced reports and dashboards enable brokers and lenders to get the metrics they need to grow their business.
FUNDINGO has been the foundation for the success of many Alternative Lending companies in recent years, including 6th Avenue Capital, Platinum Rapid Funding, Express Capital and Imperial Capital. These lenders not only saw significant growth, but also earned a more professional reputation among borrowers, brokers, and syndication partners.
About CloudMyBiz and FUNDINGO
CloudMyBiz is a certified Salesforce Partner, developing and implementing custom Salesforce solutions to reduce business costs, increase efficiency and maximize ROI. CloudMyBiz specializes in solutions for the lending industry via the FUNDINGO Loan Management solution, that streamlines the entire process of originating, underwriting, and servicing merchant cash advances. Unlike a hodge-podge of outdated and unconnected systems, each handling only a single element in the lending process, the FUNDINGO solution helps MCA firms attract and close more deals, accelerate the underwriting process, generate more pricing options, reduce errors, and ensure greater consistency.
SOURCE FUNDINGO