CLS in its first form was created by Dan Crowley, a commercial banker. He used this version for over 20 years to analyze the financing for countless business and investment property transactions. Next, John Matheson and the team at CLS created the cloud based version we use today.
CLS is not a loan broker, banker, or lender. The software is for educational and informational purposes only. It is not intended to provide financial advice and is in no way a guarantee to be financed for a real estate transaction or business opportunity.
No. CLS is a Cloud based analytic software that provides a platform for users to enter information regarding a commercial real estate transaction (purchase, sale, or refinance), or a business opportunity (purchase, refinance, or line of credit) and determine the merits of pursuing that opportunity with a lending institution.
Yes, we have Terms and Conditions. Click here to see a copy of it.
CLS works for every industry - but is designed to serve small businesses looking for property and business financing - not skyscrapers!
It is our policy that each account is user specific. Therefore, other team members or a business partner would require their own user license.
No. There are many factors that go into a full loan approval (like credit history, etc.) that you and your lender will cover on the way to full approval.
We do not offer a downloadable version of the software.
Only one user may access your account at a time.
CLS is a Cloud-Based software and therefore requires access to the internet to utilize it.
There is no limit to the number of property or business loan screenings you can perform with the software.
All of the screenings you perform are saved within the software. You can only work within the software when you are connected to the internet.If you make changes to a specific property or business transaction, the newest version will be saved. If you wish to keep both versions separately, you will need to add a character to the preparer name or user name i.e. John Doe R1, or John Doe R2. This will allow you to compare your results.
Per our Terms and Conditions, Loan Brokers are not authorized to use CLS.
Because CLS is a Cloud-Based software, the only system requirement is to have access to the internet and a compatible web browser.
CLS will work on PC's, tablets and phones. All that is required is a connection to the internet.
CLS has been tested with the most current versions of Google Chrome, Firefox, Microsoft Edge and Safari.
CLS will work on both Apple and PC formats.
Yes, you will need an internet connection to use CLS.