Sunnova Energy Corporation Engages First Associates for Backup Servicing

Sunnova Energy Corporation Engages First Associates for Backup Servicing

Program provides additional security for Sunnova portfolio

SAN DIEGO – April 30, 2013 – Sunnova Energy Corporation has engaged First Associates Loan Servicing, one of the country’s fastest growing consumer loan and lease servicers, to provide backup servicing for its rapidly expanding solar lease asset portfolio.  Sunnova is a residential solar lease provider that places emphasis on keeping costs low and providing the best services in the industry to partner installers and customers.

“We have three areas of focus at Sunnova: stability, service, and simplicity,” said John Berger, CEO of Sunnova.  “Partnering with First Associates, an organization with a solid reputation in the solar financial community, adds an additional layer of stability and service for the Sunnova asset portfolio, our investors, our installer partners, and most importantly for our customers.”

“Sunnova is growing rapidly due to its focus on acquiring good assets, keeping costs low, and keeping it simple,” said David Johnson, CEO of First Associates Loan Servicing. “We’re excited to join with Sunnova to accelerate and be a part of that growth.”

About Sunnova:

Sunnova is focused on making solar a simple and affordable option for homeowners.  The company’s management team has financed solar for more than 3,000 homes and 22 MW of residential solar throughout the United States. Sunnova currently provides solar leasing solutions in Arizona, California, Colorado, Delaware, Hawaii, Massachusetts, Maryland, New Jersey, New Mexico, New York, and Texas with plans to add additional states in the near future.  For more information about Sunnova, please visit www.sunnova.com.

About First Associates Loan Servicing

First Associates is one of the nation's premier consumer 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.

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© 2013 by First Associates Loan Servicing, LLC. All rights reserved. 

OneRoof Energy partners with First Associates Loan Servicing to deliver affordable solar power to homeowners

OneRoof Energy partners with First Associates Loan Servicing to deliver affordable solar power to homeowners

Program provides simple affordable solar power for homeowners

 

SAN DIEGO – April 4, 2013 – First Associates Loan Servicing, one of the country’s fastest growing consumer loan and lease servicers, was selected by OneRoof Energy, Inc. to service its rapidly expanding residential solar power lease portfolio.

One Roof Energy’s consumer solar program simplifies the process of solar power purchase and installation by providing lease financing and managing the installation process, providing consumers with a one stop shop for superior service.

“Our goal is to provide consumers with a simple, affordable, no hassle process to installing solar power,” said Dale Vander Woude, EVP of Capital Markets for OneRoof Energy. “We’re so confident in our products that if a system doesn’t produce as expected, we’ll compensate the homeowner for the difference.  Our commitment to quality extends to how our customers are cared for when they are making their monthly payments. First Associates enhances OneRoof’s capabilities in the consumer solar servicing space in quality of care, flexibility, and service innovation.”   

This year more than 75% of all solar installations will be the result of third party financing.  Consumers have clearly voted “Yes” for solar leases. OneRoof’s SolarSelect financing program provides options and flexibility that will work for consumers and lower their monthly electricity costs.  And by leasing the system from OneRoof, the consumer will not have the burden or worry of maintaining the system – OneRoof Energy will take care of all of that.

“OneRoof is a very customer service oriented company and that is a great fit for us,” said David Johnson, CEO of First Associates Loan Servicing. “Our business model revolves around delivering an extraordinary level of customer service.  For a rapidly growing company like OneRoof, First Associates is able to deliver a flexible, scalable, secure and fully compliant servicing solution that allows them to focus on their core business of delivering high quality solar systems to consumers.  We’re excited to be working with a dynamic company like OneRoof.”

About First Associates Loan Servicing

First Associates is one of the nation's premier consumer 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.

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© 2013 by First Associates Loan Servicing, LLC. All rights reserved