Direct lender Orange Commercial Credit will spend 2019 celebrating its 40th anniversary in the factoring industry.
Launched in 1979, the firm has posted steady growth year after year. It has grown to offer invoice factoring to clients across all segments of the logistics and transportation industry, including trucking, marine and rail. It has also expanded its industry specialization into the staffing, oilfield services, manufacturing, consumer electronics and building maintenance sectors.
”Our exclusive focus has always been factoring,” said Founder Tony Kinninger. “Our longevity demonstrates that professionalism, knowledge, understanding and responsiveness are what clients appreciate. That’s why we are now one of the top factoring companies in the United States.”
As the firm grew, Kinninger opened factoring offices in San Bernardino, San Diego and Olympia, WA. In 2010, the three offices consolidated into the Olympia headquarters. Since then, OCC has collectively experienced double digit growth and finished 2018 with their biggest year ever.
As CEO, Kinninger is still very active in the company while Jarrett Pope remains the executive vice president and chief operations officer. In 2017, OCC moved into a new headquarters facility in Olympia, nearly doubling their size and positioning OCC for future growth.
One factor in their success is low turnover: the firm boasts an average employee tenure of over ten years. OCC’s operational success lies within employees’ extensive training and keen knowledge of the industries they serve, enabling more efficient service and faster funding.
“OCC is very proud of its track record to continually enable its clients to grow and be leaders in the U.S. business community,” Kinninger said. “We see our clients as champions of the small business community whose hard work enables them to live out the American dream.”
Looking ahead, OCC has several new systems and technologies in development that will further enhance its ability to better serve clients. Their recently updated website will help new and existing clients easily find and access their services. In 2019, the company will also implement DocuSign and offer an online application that will make setup and onboarding easier for new clients.
