Orion First to provide servicing to TEAM Funding Solutions

SEATTLE — Orion First has begun servicing contracts for TEAM Funding Solutions.

Based in Austin, TEAM, like much of the industry, was interrupted by the pandemic, which forced a reevaluation of its business operations. Ready to focus again on growing originations, its leadership felt it was time to outsource their servicing as opposed to hiring additional operations staff.

“We’re proud to team up with TEAM,” says Quentin Cote, EVP of Orion. “We’ve been fans of theirs for a long time. Their mission of helping customers realize their dreams dovetails with our purpose. At Orion, we believe the world is a better place when small business succeeds. And we accomplish that through our mission to provide deeper insight, stronger portfolio results, and a highly satisfying borrower experience for small business lenders. We’re honored to be entrusted with these responsibilities for TEAM.”

And it’s the highly satisfying borrower experience that TEAM is looking for in partnering with Orion. TEAM President Ted Reynolds is quite familiar with Orion’s track record, as TEAM has worked with Orion’s leadership in previous business ventures.

Reynolds adds, “Our company exists to enable America’s small businesses to grow and prosper. We do that by granting credit to the many good business owners who are too often turned down by traditional banks. We want our capital to be invested in our customer’s success, not limited by large expenditures required to build, manage, and maintain the servicing related demands of our business. Our relationship with Orion will allow us to focus on our customers first and foremost, while growing a responsible and scalable company.”