ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

SyndifiTM and Tamarack Technology Partner to Streamline Equipment Finance Syndication for KLC Financial, LLC

Posted 09/24/2024

[Chicago, IL]: Syndifi Inc., www/syndifi.com, has joined forces with Tamarack Technology to streamline, simplify and enhance syndication for KLC Financial, LLC. The collaboration between the industry forerunners will enable KLC to syndicate more effectively and elevate its operational efficiency.

“The collaboration between KLC Financial, Syndifi, and Tamarack reflects our dedication to utilizing innovative technology to drive growth and efficiency.  We anticipate that this partnership will allow us to streamline our capital market operations, making our syndication efforts more effective while continuing to deliver the high level of service our clients expect,” said Spencer Thomas, CEO of KLC Financial.

Creating efficient syndication workflows via the array of non-syndication centric technology options in the Equipment Finance industry can be overwhelming, which is why Syndifi and Tamarack have partnered to deliver a best-in-class syndication solution via their cohesive platforms. This collaboration reflects a shared commitment to making technology more intuitive and user-friendly, ensuring a seamless experience for all.
“By joining forces with Tamarack, together we will deliver a more seamless tech ecosystem that will better enable our clients and the entire Syndifi user community to syndicate smarter,” said Alistair Canal, president of Syndifi, Inc.

Designed to address the needs of capital market teams, the Syndifi platform and Tamarack’s SyndicationBuilderTM work in tandem to enhance the syndication process by eliminating time-consuming and labor-intensive activities.

• Syndifi’s cutting-edge platform offers a comprehensive suite of features, including streamlined documentation management, portfolio oversight and activity monitoring. The platform’s advanced capabilities include real-time deal offer submissions, pool management and seamless integration with DocuSign, enabling organizations to syndicate smarter and elevate operational prowess.
• Tamarack’s SyndicationBuilder was developed to accelerate portfolio syndication and securitization processes. It provides comprehensive asset pool analysis and automated “data tape” generation that enables capital market teams to quickly create targeted asset pools that align with strategic goals.

“Like Tamarack, Syndifi recognizes the opportunity data presents to accelerate and expand capital market team efforts. We are excited to partner with Syndifi to advance customers’ business goals through the integration of our two platforms,” said Scott Nelson, president and CTO at Tamarack.
About KLC Financial, LLC

KLC Financial, LLC, a wholly owned subsidiary of Gulf Coast Bank & Trust, was founded in 1987. Headquartered in Minnetonka, MN, the company leases and finances capital equipment and assets for businesses nationwide. KLC Financial is built on strong relationships with customers, vendors and bank partners. Its mission is to bring advantageous equipment finance solutions to clients with integrity, depth of knowledge and speed.
About Syndifi, Inc.

Syndifi is a pioneering online syndication platform designed specifically for the Equipment Finance industry. By facilitating secure transactions between buyers and sellers in the cloud, Syndifi has enabled over 700 leading buyers and sellers to syndicate more efficiently. For more information, please visit www.syndifi.com.
About Tamarack Technology, Inc.

For more than 20 years, Tamarack Technology, Inc. has been helping equipment finance companies improve productivity and profitability with software consulting and cutting-edge technology products. Today, Tamarack is the only professional services and product provider in the industry to deliver AI, business intelligence and customer self-service that maximize equipment finance operations across the entire software ecosystem. Tamarack’s industry experts understand equipment finance and can enhance a company’s existing systems, close technology gaps and drive improved performance. For more information, please email discover@tamarack.ai or visit www.tamarack.ai.

Related Resource https://syndifi.com/
Related Resource https://tamarack.ai/
Related Resource https://klcfinancial.com/
Author
Todd Shear
Organization
LP&M Advertising
Phone Number
315-806-8098