JOE COLLINS JOINS ORION FIRST FINANCIALMarch 18, 2014
RISKY BUSINESS AND BENCHMARKING ALTLEND AND DAILY FUNDER RECAPOctober 20, 2014
GIG HARBOR, WASH. [8/12/14], – Orion First Financial, LLC has begun servicing small business loans for Raiseworks, LLC, a New York-based company that operates anonline direct lending platform connecting SMEs with institutional investors. Services Orion provides include Uniform Commercial Code (UCC)-related services, invoicing, payment processing, customer service and commercial collections.
Orion is providing a turnkey, comprehensive contract administration platform to supplement Raiseworks’ ongoing activities and help the company scale effectively.
“More than half of small businesses are unsuccessful in obtaining credit, and Raiseworks addresses this gap by revolutionizing the way private companies seek alternative finance options,” said GaryChodes, CEO of Raiseworks. “As we continue to grow, Orion’s services will help us to solidify our leadership position in the SME lending market and connect more private companies with institutional investors.”
“We are thrilled to provide a broad range of services for Raiseworks,” said Shannon Green, President of Orion First Financial. “Their mission to improve small business access to capital really resonates with us here at Orion. Their position in the burgeoning online finance marketplace makes our partnership all the more exciting. We look forward to fostering a mutually beneficial relationship with Raiseworks for years to come.”
Orion First Financial, located in Gig Harbor, WA, is an independent servicer for the commercial finance industry. Orion specializes in contract servicing, commercial collections and strategic advisory services for small business lenders. As a multifaceted and innovative company, Orion can effectively engage with a variety of lenders, investors and other participants in this fast growing segment. Orion’s skilled team, efficient technology platform and best practices approach, generate exceptional performance metrics that translate into better profits, less stress and enriched customer relationships for their clients. For more information about Orion First Financial, LLC please visit orionfirst.com.
Raiseworks operates an online direct lending platform that connects small businesses with institutional lenders looking to lend directly to private businesses. The company improves small business access to capital by leveraging technology to lower the cost of customer acquisition and loan application processing resulting in a dramatic acceleration of the application-to-funding cycle. For institutional lenders, Raiseworks opens the door to opportunities to invest directly in credit-worthy private businesses while earning stable, attractive returns.