Digitizing The Syndication Process For Equipment Finance

How the "Syndifi" equipment, and tracking system software create
a better way to efficiently and securely transact with trusted partners/investors in a peer-to-peer environment.

Platform For Buyers & Sellers To Transact In The Secondary Market Within Equipment Finance

Financing equipment management software

COMPANY

Syndifi, Syndication Platform was founded by Dan Michalek, who also revolutionized and digitized the granting of credit within the Equipment Finance industry with the formation of PayNet which is now a division of Equifax.

INDUSTRY

Financial Services Industry

TECHNOLOGIES USED

Custom applications using :

  • Mean Stack
  • Integration with SalesForce
  • Angular.js
  • Mongo DB
  • Experian Integration
  • Veracode Integration for security
  • Approved for vulnerability & identification and management

PRODUCT (SYNDIFI) OVERVIEW

The Syndifi platform is built to modernize the Syndication process around secure file sharing. The platform is designed as a CRM system to track deal activity for Sellers and creates a better presentation of the transaction for the Buyers.

Equipment maintenance software solution

THE CHALLENGE

Every month billions of dollars in equipment loans and leases are syndicated. The current process is outdated and inefficient. Buyers are constantly searching for new deals, while sellers deal with the challenges of finding homes for their loans or leases.
Most transactions require a significant amount of documentation, credit underwriting and back in forth between one or more parties. Spreadsheets, emails and a limited rolodex is the current way business is conducted. Syndifi is revolutionizing how buyers and sellers connect and transact business.
Their hour of need was to:

  • An online platform that Improves Efficiency & Transparency between Buyers and Sellers in the Equipment Leasing Syndication Marketplace
  • Set up your own customized profile to get alerts on exactly the transactions that fit your requirements
  • Easily track deals in the pipeline rather than on spreadsheets and email. In addition, all communications are tracked with each deal and each lender

Solutions Approach

DigiPrima built Equipment management system in the areas of :

  • To modernize the Syndication process around secure file sharing.
  • The Syndication platform has been designed as a CRM system for sellers to track deal activity and create a better presentation of transactions for buyers.

Overall Performance

After implementing Visvero’s proposed solution, the client has launched the SAAS based platform to for Syndicators/ Buyers to make dealmaker’s lives easier.

  • Equipment financing transactions became easy.
  • Simplified deal lifecycle.
  • Better –informed decisions for Syndicators/ Buyers.
  • Robust application that could be used by Syndicators & Buyers.
  • Transparency and greater visibility.

Want To Find Out If Your Company Can See Comparable Results?

Contact us for a Fintech Tools Management Software Solutions session with one of our Analytics experts. We will be happy to consult with your team about your data and to discuss possible analysis strategies, expected results, and feasibility in your organization.

Key Features :

  • Loan Origination Process Automation
  • Document Management.
  • Analytics and Reporting.
  • Cloud-based Fin Tech platform.
  • Credit and CIBIL Report.
  • Compare Mutual Funds.

Tech Stacks:

  • Laravel 5.2
  • My SQLi
  • HTML5, CSS3
  • JS, Jquery
  • Adobe Photoshop, Illustrator
Manage the equipment powering your business in one easy to use platform
Reasons why we are the best

We've helped out various clients across several industries, and you could be next!