SAN DIEGO, July 24, 2012 /PRNewswire/ -- First Associates Loan Servicing, one of the country's fastest growing consumer loan and lease servicers, was selected by Green Grants to service its rapidly expanding residential solar power lease portfolio.
The organization helps Louisiana homeowners benefit from federal and state tax credits to lower the costs of going green by 80 percent.
"Our goal is to be the consumer's one-stop-shop for energy efficiency and renewable energy by taking away the headache and expense of implementing solar power systems for Louisiana homeowners," said Tom Neyhart, President of Green Grants. "That not only includes the implementation process, but also how our customers are cared for when they are making their monthly payments. We needed a servicing company that put our customers first by communicating with them early, often and with the highest level of customer care. First Associates was clearly the best choice."
Historically, Louisiana homeowners were required to bear the upfront cost of solar projects and claim these credits at the end of the year against any tax liability, thereby excluding those that couldn't afford to do so. Green Grants' leasing program covers the upfront cost and provides homeowners with the power of solar. The offering not only has the potential to make Louisiana the greenest state in America, but reduce every resident's monthly energy bill by up to $100.
"The partnership is a great one for us because our companies have similar approaches to customer service," said David Johnson, CEO of First Associates Loan Servicing. "We're in the business of helping people achieve their solar power ambitions, and work towards a more economic and environmentally-friendly future. We understand that the term 'service' means something, and we're excited to have been selected by Green Grants."
About First Associates Loan Servicing
First Associates is one of the nation's premier consumer loan servicing firms and comprised of a team of professionals with a world-class experience, first-rate knowledge and exceptional technology. First Associates provides best-in-class servicing for titled assets and unsecured loan portfolios with a staff that is committed to providing the highest level of service to borrowers while maximizing lender and investor returns. More information is available at www.1stassociates.com.
© 2012 by First Associates Loan Servicing, LLC. All rights reserved.
Contact: David Oates
SOURCE First Associates Loan Servicing