L2 offers every person in the loop an up-to-the-moment,
permanent record of every file.
Highly accessible and easy-to-use, L2 makes collaboration smarter,
transforming the whole process to handle more files in less time.
When we shift critically important people and tasks onto a shared virtual workspace, we can open files, log progress, and move through the process without bottlenecks, blind spots, or chasing. With every person, file, and document connected in one place, the time it takes to close a file shrinks. Banks save money, resolving debt for rapid reinvestment.
L2 offers every person in the loop an up-to-the-moment,
permanent record of every file.
Highly accessible and easy-to-use, L2 makes collaboration smarter,
transforming the whole process to handle more files in less time.
When we shift critically important people and tasks onto a shared virtual workspace, we can open files, log progress, and move through the process without bottlenecks, blind spots, or chasing. With every person, file, and document connected in one place, the time it takes to close a file shrinks. Banks save money, resolving debt for rapid reinvestment.
This is Good Transparency
Well-Spent Time
Protected Money and Mitigated Risk
Permanent Record
These are the cornerstones of efficient lending.
With every person and every document sharing an easy-to-use,
secure virtual workspace, our daily work finally lines up.
Lenders and all stakeholders have all they need, all in one place. Documents, progress, updates. Financial institutions can redeploy collections and foreclosures staff, and law firms reduce the time spent on each file by up to 60%. This is working better.
Time + Cost Savings
With better connectivity to task-critical steps, people, and documents, process more files with fewer people in less time. Less chasing, fewer bottlenecks, and automated communication means lenders save money, resolving debt for rapid reinvestment.
One Stop Place to Collaborate, Record, Store and Manage
Move the workflow of everyone involved—lenders, realtors, bailiffs, appraisers, lawyers—online, with secure access, that you control, to documents and real-time updates as files progress. With a shared workspace, everyone who contributes has everything they need to work smarter.
Security of Information and Records
L2 offers every person in the loop an up-to-the-moment, permanent record of every file. L2 is built on the .NET platform, supported by SQL Server on the back end, and hosted at our enterprise-class data centre. Our managed hosting and constant testing, scans and backups meet SSAE16 SOC2 guidelines for a highly secure and redundant data centre.
Transparency
Financial institutions and their lawyers need the process of debt recovery to be unfailingly detailed, with timely and reliable disclosure. L2 is a digital platform that amalgamates every touchpoint, stakeholder, and document. It amplifies efficacy and timeliness and is verified trackable accountability at every step.
Risk Reduction
Lenders can respond to a loan in default one of two ways: a system that includes paper and a high volume of staff, time, and money; or L2 a digital system built for accuracy, accountability and speed. L2 reduces time, saves money, provides a permanent online record and gives lenders greater control over time, money and reputation. It’s the responsible way to do business.