Element Fleet Management became Syndifi’s newest onboarded client. Element Fleet Management will use Syndifi’s platform to digitize its overall loan syndication processes.

“At Element Fleet Management, we syndicate upwards of $3 billion of equipment finance deals per year,” Vince Belcastro, group head of syndications and capital markets at Element Fleet Management, said. “To ensure we manage that deal flow efficiently and securely, we rely on Syndifi. It’s easy to use and the Syndifi team is always available to support our needs. Syndifi is truly transforming the way we syndicate.”

“We’re thrilled that Element Fleet Management has entrusted Syndifi to help improve their syndication processes,” Alistair Canal, chief growth officer at Syndifi, said. “It is our priority to assure that Element Fleet Management has access to the data and resources they need to manage a large deal pipeline completely unencumbered so they can truly syndicate smarter.”

Element Fleet Management is a global fleet management company, providing management services and financing for commercial vehicle and equipment fleets. The company’s suite of fleet management services span the fleet lifecycle, from acquisition and financing to program management and remarketing.

“With the help of Syndifi, our client has transcended old, antiquated operation models to deliver an unparalleled digital experience to their trusted partners,” Canal said.

With Syndifi, which is a cloud-based syndication software provider built specifically for the equipment finance industry, Element Fleet Management is managing deals, transacting securely and accessing essential reports and analytics to streamline internal and external communications to make better informed and faster decisions.