SYNDi Loan Manager is a powerful system to service a wide range of loans from interest-free loans to sophisticated mortgages financed by syndicates of investors. It is used by borrowers, lenders, loan managers, mortgage brokers and syndicators. In the simplest implementation of SYNDi, set up a loan, calculate the installment and enter the payment on periodic basis. In case of a syndicated loan, set up the investor syndicate, get the contribution from each lender, pay the borrower, receive payments and distribute them to lenders. The system automates the loan servicing cycle and maintains relevant records until the loan is paid off. SYNDi cuts down paperwork and saves time so that you concentrate on your work while SYNDi takes care of managing the loan cycle.

Get the SYNDi Loan Manger that's right for you, choose from two editions.

SYNDi Professional: set up loans, fund them and enter monthly payments from borrowers until the loans are paid off. Generate reports, track missed payments and returned checks, and create journl entries to be exported to your accounting system. SYNDi Professional may be used as a stand-alone application or integrated with QuickBooks, Accpac ERP or Simply Accounting. You may also link mortgage loans to real-estate properties and calculate Loan-To-Value Ratios. If you are a lender tracking your investments, you will need SYNDi Professional.

SYNDi Premium contains all features offered by SYNDi Professional in addition to the provision of multiple lender and syndicated mortgage loans. You may set up loans funded by multiple investors, collect installment from borrowers and distribute them to investors. It is the full-blown version of SYNDi packed with features necessary to manage full loan processing cycle. If you are a broker with multiple borrowers and lenders you will need SYNDi Premium.

	Parameter-driven to customize the application to suit your requirements;
	Interest-only loans or blended payments;
	Can process interest-free loans;
	Can be used as standalone or integrated with QuickBooks, Sage Accpac ERP or Sage Simply Accounting;
	Pop-up reminders can be set up to alert the user to take proper actions;
	Processing of term loans with interest payable either at the beginning or the end of the term;
	Maintenance of a Document Catalog for each loan for quick access;
	Provision of lump sum payments;
	Lawyers handling multiple brokerage accounts can set up a separate database for each client;
	Setting up different interest rates for borrower and lenders;
	Interest rates can be fixed or variable (based on prime);
	Maintenance of collateral or real-estate profile to calculate Loan-To-Value (LTV) Ratios.
	Calculation of bonus interest as penalty in case of early discharge;
	Amortization Tables based on loan profile;
	Payment frequency can be weekly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi-annual or annual.
	Interest can be simple or compounded on daily, weekly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi- annual or annual basis.
	Calculation of federal and state / provincial taxes on management fee;
	Withholding of non-resident tax from interest payments to foreign investors;
	Calculation of NSF charges on returned borrower checks;
	Printing checks for investors;
	Ability to define unlimited number of optional fields in borrower, investor and loan records to customize the program for individual requirements,
	Renegotiation of terms during the life of a loan;
	Provision for investors to withdraw and be replaced by new investors during the term of a loan;
	Generation of detailed or consolidated entries for General Ledger;
	User-friendly inquiry and data-entry screens;
	Minimal training requirements;
	Intuitive data-entry procedures;
	Built-in reports and inquiries;
	Access to data by standard report-writing tools such as Crystal Reports to generate customized reports.
	U.S. and Canadian interest calculation algorithms;
	Choice of four methods of calculating interest;
	Option to use Microsoft Access or SQL Server as the database.