Syndifi, a cloud-based syndication software provider built specifically for the equipment finance industry, onboarded Greenwoods Equipment Finance as its newest client. Greenwoods Equipment Finance will use Syndifi’s platform to digitize its overall loan syndication processes.

“We are delighted to welcome Greenwoods onboard as a part of our growing Syndifi family,” Alistair Canal, executive vice president of sales and marketing at Syndifi, said. “At Syndifi, we are constantly innovating our users’ experience to meet the highest standard of excellence so our clients are fully equipped and empowered to truly syndicate smarter.”

“Syndifi enables us to share hundreds of underwriting documents (application, credit reports/scores, SOS, medical licenses) and funding documents (finance agreement, ACH authorization, UCC, etc.) with our syndication partners in an extremely user-friendly environment,” Larry Pilliod, vice president of credit and syndications at Greenwoods Equipment Finance, said. “Our syndication partners have commented how easy it was to conduct their due diligence on a [$20 million] pool using Syndifi, a very efficient and effective process.”

“Using Syndifi, our client has eliminated traditional time-consuming tasks and modernized their process of syndicating large deal pools to deliver a seamless buying experience for their trusted partners,” Canal said.