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? 

 

Orum powers lending solutions
The Solution

We transform payments and account verification so you can grow revenue increase conversion improve profitability

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Deliver payments 24/7 with our unique ‘Direct to Fed’ solution

The simplest API for fast, reliable payments gives you access to bank-rate pricing, expanded processing windows, and all major rails, including FedNow, RTP, Same Day ACH, ACH, and Wires.  Our Deliver API is built on a direct connection to The Federal Reserve’s payment rails as a service provider.

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Verify bank accounts instantly with our innovative technology

Our first-of-its-kind technology instantly verifies account status covering 100% of U.S. bank accounts, ensures the end user has control of the bank account being verified, and validates account ownership via name match. Patent pending.

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Orchestrate and optimize payment operations with our custom-built portal and ledger

Our technology orchestrates payments for speed and cost while tracking money movement and verifications in real-time. We make it easy to reconcile balances, troubleshoot customer issues, export reports, cancel payments, search and filter, set user management permissions, and more.