Introduction
Q2 Origination (CLO) is a cloud based origination and underwriting platform for high growth financial services. It is suitable for any organization managing financial arrangements such as lending, leasing, and line of credit. Built over the robust cloud infrastructure of Salesforce, Q2 Origination supports the loan application processing needs of banks and financial institutions. Q2 Origination deploys workflows to control and monitor the various steps involved in the process of loan and lease origination and thus, eliminates the delays and inefficiencies in handling paper documents. Using a single origination system, users can ensure data integrity and security to overcome compliance challenges and seamlessly convert applications to contracts for servicing.
Lending institutions and banks can integrate Q2 Origination with their borrower facing portals and marketplace applications like CL Marketplace, and also with their loan and lease servicing applications such as CL Loan, or a custom servicing application.