Equipment Lessors
Empowering Equipment Lessors to Fund More
Orion First, a leading provider of commercial loan and lease servicing, has set the industry standard for equipment loan and lease services.
At Orion First, we’ve spent the last 12 years cultivating an industry recognized standard for servicing portfolios in the small ticket equipment loan and lease marketplace. Due diligence and meticulous servicing of accounts are integral to the success of small ticket equipment finance industry.
Our technology supported collection cycle, combined with a skilled and well-managed staff, has a significant impact on the overall performance of your portfolio. Outsourcing these functions to Orion First frees up your company to lend more, while still ensuring long-term success.
Comprehensive Servicing Solutions
We can provide a comprehensive solution, including all of the essential services listed below, or we can customize a solution to fit your particular needs.
Customer & Payment Management
Customer Service
- Contract Booking
- Billing & Invoicing
- Payment Processing
- Customer Communications
- Record Updates
- Payoff Requests
- Contract Changes
- ACH Requests
Tax / Compliance
- Insurance
- Sales Tax
- Property Tax
- End of Term
Cashiering
- Daily NACHA Files
- Lockbox
- In-House Payments
- Wires
- Direct ACH
- Payment Files
- NSF's
- Waivers
- Adjustments
Collections
Collections
- Customer Communications
- Work-Outs
- FMV
- Credit Review
- Site Visits
- Demand Letters
- Recoveries
- Legal Demand Letters
- Repossessions
- Litigations Management
- Asset Sales
Accounting
Reporting
- Weekly/Monthly CTRs
- Client ACH Remittance
- Bank Account Rec
- Monthly GL Rec
- GL Reporting
- Pool Reporting
- Bookings / Disposition
- Delinquency Reporting
Commercial Collections
Orion's skilled and experienced advanced collections team serves one purpose: reduce losses and increase recovery.
Master Servicing
Master Servicing from Orion unifies your accounting and reporting to lower management costs, increase scalability, and make you a more appealing buyer.
Backup Servicing
Having a secondary servicer maintain your data is crucial to good risk management. Orion can oversee and manage the continuity of your portfolio.
Benefit From Real-Time Insights Through the Client Portal
Maintain control effortlessly. Our Client Portal offers transparency with instant updates on payments, touchpoints, and performance—putting you at the helm of your financial landscape.
Empowering you to fund more.
Partner with Orion First, the servicer that sets the industry standard for equipment loan and lease services.