Here’s how Orum revolutionizes payment speed and certainty for lending, cash advance, and factoring companies to unlock growth
Whether you’re focused on factoring like Flexent, commercial lending like Kanmon, or cash advances like Beem and Grid, you need a flexible and modern solution you can rely on to grow your business.
Flexent partnered with Orum to help America’s truckers get paid far faster. They chose Orum’s Deliver API to launch instant payments via RTP and FedNow rails, leveraging Orum’s no-code solutions that were easy to implement even with limited engineering resources. The truckers’ response was astounding: a 77% participation rate, far higher than the 50% Flexent expected. Flexent’s truckers now enjoy faster payments, and Flexent earns a solid margin while still offering their customers affordable rates thanks to Orum’s bank-rate pricing.
Kanmon, meanwhile, teamed up with Orum to launch a brand new refinancing product in less than a week — made possible by Orum’s tech-first approach and white-glove support. Orum’s unified APIs made it simple for the Kanmon team to integrate Orum’s Deliver API and get access to all major payment rails: FedNow, RTP, Same Day ACH, ACH, and Wires A team of Orum payment experts also gave Kanmon informed support every step of the way.
Would your lending business benefit from similar solutions?