| Feature |
SYNDi
Lite |
SYNDi
Professional |
SYNDi
Premium |
 |
|
|
|
| Interest-only loans or Blended Payments; |
Yes |
Yes |
Yes |
| Capability to process interest-free loans; |
Yes |
Yes |
Yes |
| Pop-up reminders |
Yes |
Yes |
Yes |
| Provision of lump sum payments; |
Yes |
Yes |
Yes |
| Interest penalty for early discharge; |
Yes |
Yes |
Yes |
| Amortization Tables based on loan profile. |
Yes |
Yes |
Yes |
| Calculation of NSF charges on returned checks; |
Yes |
Yes |
Yes |
| User-friendly inquiry and data-entry screens; |
Yes |
Yes |
Yes |
| Minimal training requirements; |
Yes |
Yes |
Yes |
| Intuitive data-entry procedures; |
Yes |
Yes |
Yes |
| Built-in reports and inquiries; |
Yes |
Yes |
Yes |
| Document Catalog for each loan for quick access; |
Yes |
Yes |
Yes |
| Access to data by standard report-writing tools such as Crystal Reports to generate customized reports. |
Yes |
Yes |
Yes |
| Option for SQL Server Database |
|
Yes |
Yes |
| Generates General Ledger Entries |
|
Yes |
Yes |
| Integrated with QuickBooks, Sage Accpac ERP or Sage Simply Accounting; |
|
Yes |
Yes |
| Processing of term loans with interest payable either at the beginning or the end of the term; |
|
Yes |
Yes |
| Multiple companies |
|
Yes |
Yes |
| Setting up different interest rates for borrower and lenders; |
|
Yes |
Yes |
| Interest rates can be fixed or variable (based on prime). |
|
Yes |
Yes |
| Maintenance of property profile to calculate Loan-To-Value (LTV) Ratios. |
|
Yes |
Yes |
| Payment frequency can be weekly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi-annual or annual. |
|
Yes |
Yes |
| Interest can be simple or compounded on daily, weekly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi-annual or annual basis. |
|
Yes |
Yes |
| Multiple compounding options; |
|
Yes |
Yes |
| Ability to define unlimited number of optional fields for borrowers |
|
Yes |
Yes |
| Ability to define unlimited number of optional fields for loans |
|
Yes |
Yes |
| Generation of detailed or consolidated entries for General Ledger; |
|
Yes |
Yes |
| Choice of four methods of calculating interest; |
|
Yes |
Yes |
| Funding from multiple lenders |
|
|
Yes |
| Calculation of Federal and State / Provincial taxes on management fee; |
|
|
Yes |
| Withholding of Non-Resident Tax from interest payments to foreign investors; |
|
|
Yes |
| Printing checks for investors; |
|
|
Yes |
| Ability to define unlimited number of optional fields for investors |
|
|
Yes |
| Renegotiation of terms during the life of a loan; |
|
|
Yes |
| Provision for investors to withdraw and be replaced by new investors during the term of a loan; |
|
|
Yes |
