OpenClose LOS

Cloud-based loan origination system for lenders and financial institutions.

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About OpenClose LOS

OpenClose provides a cloud-based loan origination platform that helps lenders manage the full lending lifecycle. The platform is listed in ELFA (Equipment Leasing and Finance Association) applications, suggesting support for asset-based lending and equipment financing workflows. It enables lenders to automate application intake, underwriting, approval, and closing processes, reducing manual effort and cycle time.

Features

Loan application management
Origination workflow automation
Cloud-based platform
Integration capabilities
Underwriting support
Document management

Use Cases

Equipment financing and leasing origination
Commercial lending workflow automation
Asset-based lending processes
End-to-end loan origination management
Financial institution lending operations

Pricing

Pricing information is not available from the vendor site right now.

Source: Pricing page (Contact sales)

Frequently Asked Questions

What is OpenClose LOS?
OpenClose LOS is a cloud-based loan origination system designed to streamline lending workflows for financial institutions and lenders, supporting the full lending lifecycle from application through funding.
What types of lending does OpenClose support?
OpenClose supports asset-based lending and equipment financing workflows, and is listed in ELFA (Equipment Leasing and Finance Association) applications.
Is OpenClose a cloud-based platform?
Yes, OpenClose provides a cloud-based loan origination platform that helps lenders manage their lending processes.