Orion First to provide servicing to Universal Finance Corp

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SEATTLE , March 29, 2022 /PRNewswire/ — Orion 1st has begun servicing contracts for Common Finance Corp.

Massachusetts-centered Common Finance has more than the past forty decades set up itself as a premier financial institution to the building market. The enterprise now serves consumers in a extensive vary of other industries, which includes transportation, restaurants, and clinical products suppliers. As it really is grown from a regional to a countrywide company, Universal has preferred to broaden merchandise lines and function extra competently. Limitations of its present systems had restricted them, even so.

“Outsourcing our servicing enables us to concentration on revenue and credit underwriting,” states Dan Robinson, a spouse at Common, “which is what we do most effective.”

Robinson led the search for a servicing associate. “Orion was clearly the top alternative. No just one else has the kind of performance and savvy that Orion does. They outperform everybody else, and they have two exceptional commodities: broad knowledge and deep history.”

“Like us, they’re genuinely all about aiding compact businesses realize success,” says Orion EVP Quentin Cote. “It is really enjoyable to see them building a planet-class organization.” Cote thinks it’s purely natural for rising finance firms to seek servicing associates. “Visionary leaders realize that originations and credit rating are essential differentiators, although the back workplace can often be a drag on good results. Partnering with Orion ensures world-class efficiency, perception, and borrower knowledge.”

ABOUT ORION Initial

Orion Initially, founded in 2001, is a comprehensive-service professional financial loan and lease portfolio servicer which provides a suite of companies and merchandise to handle the full everyday living cycle of a borrower. Orion’s product suite includes business financial loan and lease servicing and collection, portfolio management technological know-how with consumer portal, info management, small business analytics, and backup servicing. By offering improved engineering, specialist expertise, and deep practical experience, Orion empowers shoppers to concentrate their entrepreneurial strength on their biggest value—funding smaller organizations.

ABOUT Common CORP

With a lot more than 35 many years of experience and situated just north of Boston, in Reading through, Massachusetts, Common Finance Corp. is a direct funding resource. It has been a premier loan provider for the building market as aspect of a “1 Cease Store” for New England’s finest contractors considering that the early 1980s. Universal’s comprehensive working experience in the design industry gives it a exceptional edge when relating to prospects.

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