Orion First, a Concord Company, acts as a comprehensive third-party servicer for commercial loans and leases, handling both the financial assets (loans/leases) and the operational obligations (payments, compliance, collections, reporting, etc.) for lenders and investors.

Commercial loans
Equipment finance agreements
Leases (primarily in the small business/commercial sector)
Portfolios of loan and lease contracts for lenders and originators

Payment & Account Management

Payment processing and management (invoicing, collecting, and posting payments)
Accounting and reporting for all managed assets

Compliance & Risk Management

Tax and compliance management (ensuring all obligations related to taxes and regulations are handled)
Insurance tracking and management
Backup servicing and risk management (ensuring continuity in case of disruptions)

Collections & Oversight

Delinquency management and collections (including early-stage and late-stage collections)
Master servicing (unified reporting and oversight for portfolios with multiple lenders or investors)

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