Legislative Updates

Orion First Financial, LLC announced today that CF Bankshares Inc. (NASDAQ: CFBK) and its wholly-owned banking subsidiary, CFBank, N.A. (“CFBank”), has selected Orion First, a full-service commercial loan and lease portfolio servicer, as its exclusive provider of primary management services for the bank’s equipment finance and leasing line of business.

Orion First has begun servicing contracts for ApplePie Capital. Based in San Francisco and led by CEO and co-founder Denise Thomas, ApplePie Capital (APC) is a nationwide lender dedicated to the franchise industry...

Orion First, has begun servicing contracts for Paradigm Equipment Finance. Based in Salt Lake City and led by President and CEO Tyler Deters, Paradigm is a nationwide lender providing asset-based financing programs requiring minimal credit criteria for businesses who struggle to find traditional financing.

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.