Orion First surpassed $1 billion in assets under management. The assets under management consist of small business commercial loans and leases for which Orion provides all the back-office portfolio management and servicing duties on behalf of its clients.

This is a significant long-term goal achieved by Orion First, which has been in the commercial loan, lease and contract management space since 2001.

“We are proud to celebrate this milestone because Orion has worked hard for our position in the industry and we are honored by the level of trust our clients place in us,” said David T. Schaefer, co-founder and CEO of Orion First. “Passing $1 billion under management is a true testament to the strength of our team and demonstrates the value we strive to deliver. Be it by providing transparency through our client portal, by improving risk assessment through our proprietary scoring tool, SAIPH, or by offering unmatched portfolio management services, Orion will continue to lead the small business lending industry in risk management.”