Syndifi Inc., a cloud-based syndication software provider tailored for the equipment finance Industry, announced Meridian OneCap Credit Corp. (One Cap), a provider of commercial equipment finance and leasing solutions for equipment dealers and end users in Canada, has selected the Syndifi platform to streamline its syndication process.

By selecting Syndifi’s platform, OneCap is set to revolutionize its syndications business, ushering in an era of efficiency, security and governance. Syndifi’s platform offers OneCap a comprehensive suite of features, including streamlined documentation management, portfolio oversight and activity monitoring. The platform’s advanced capabilities, such as real-time deal offer submissions, pool management and seamless integration with DocuSign, position OneCap to syndicate smarter and elevate its operational prowess.

Alistair Canal, President at Syndifi, said, “We’re thrilled that Meridian OneCap Credit Corp. has chosen Syndifi to enhance and streamline their syndications business. Welcoming the OneCap team to our expanding Syndifi user community and venturing into the Canadian territory is a privilege. We eagerly anticipate collaborating with them to optimize their syndication processes.”

Hugh Swandel, President of Meridian OneCap Credit Corp., emphasized the importance of integrating Syndifi’s platform into their operations. He said, “Our priority was to move away from syndication via spreadsheets and emails. The platform equips us with an efficient solution for buying and selling portfolios and deals to a group of financial partners.”

By leveraging Syndifi’s award-winning platform, OneCap aims to enhance efficiency, security and simplicity in managing pools and transactions. Swandel affirmed the relationship with Syndifi is “ultimately providing a seamless digital solution for all parties involved.”

The move represents a significant step in Syndifi’s ongoing expansion across North America. The company has long served U.S. buyers and sellers in the equipment finance Industry and is now widening its footprint with new Canadian prospects.