Orion First has begun servicing contracts for Universal Finance Corp.

Massachusetts-based Universal Finance has over the last 40 years established itself as a premier lender to the construction industry. The company now serves clients in a wide range of other industries, including transportation, restaurants and medical equipment suppliers. As it has grown from a regional to a national business, Universal has wanted to expand product lines and operate more efficiently. Limitations of its current systems had restricted them, however.

“Outsourcing our servicing enables us to focus on sales and credit underwriting,” said Dan Robinson, a Partner at Universal, “which is what we do best.”

Robinson led the search for a servicing partner. “Orion was clearly the top choice. No one else has the kind of performance and savvy that Orion does. They outperform everyone else, and they have two rare commodities: broad knowledge and deep history.”

“Like us, they’re really all about helping small businesses succeed.” said Orion Executive Vice President Quentin Cote. “It’s exciting to see them building a world-class organization.” Cote said he believes it’s natural for growing finance companies to seek servicing partners. “Visionary leaders recognize that originations and credit are key differentiators, while the back office can often be a drag on success. Partnering with Orion ensures world-class performance, insight and borrower experience.”