Baylor Solar Energy, Inc. Partners with First Associates Loan Servicing, LLC to Provide Loan Servicing for Expanding Portfolio

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Partnership delivers industry leading servicing solutions to Baylor Solar Energy.

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Adding this industry leading service is a significant step in the continued growth of our company.

Baylor Solar Energy, a Honolulu based clean energy solutions provider servicing the commercial and residential solar markets, announced today that it has partnered with First Associates Loan Servicing, one of the country’s fastest growing consumer loan and lease servicing companies, to service its rapidly expanding solar lease and power purchase agreement asset portfolio.

First Associates provides Baylor Solar Energy with a versatile, scalable and fully compliant servicing solution. Baylor Solar Energy’s servicing platform is now bolstered by expanded customer account monitoring and service, customer payments processing and best in class reporting. The partnership also provides SSAE 16 audit services, online automated underwriting, as well as regulatory risk and compliance services. First Associates services numerous Fortune 500 companies and serves more public solar finance companies than any other provider.

“First Associates is excited to be working with yet another top solar finance company,” stated David Johnson, CEO of First Associates. “Baylor Solar Energy offers one of the most innovative and technology rich solar financing platforms in the market. They are a natural fit for our services. We look forward to being a key part of the company’s growth.”

Baylor Solar Energy provides island residents and business owners with an easier and more cost effective energy solution. Customers are able to have a solar system installed with no out-of-pocket costs to them. Instead of purchasing the system upfront, customers simply make monthly payments that are significantly less than what they are paying right now.

“First Associates provides a vital solution for Baylor Solar Energy to best serve our customers here in Hawaii. Adding this industry leading service is a significant step in the continued growth of our company,” added Andrew Duggan, Chairman, President and CEO of Baylor Solar Energy.

About First Associates Loan Servicing

First Associates is one of the nation's premier consumer servicing firms and is comprised of a team of professionals with 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 http://www.1stassociates.com.

About Baylor Solar Energy
Baylor Solar Energy, Inc. is the premier clean energy solutions provider servicing commercial and residential customers in the state of Hawaii. Our mission is to provide island residents and business owners with an easy, straightforward alternative to the expensive utility rates they currently pay. Our customers enjoy a fast, simple and streamlined approach to going solar and saving money without the burden of any upfront costs. For more information, visit http://www.BaylorSolarEnergy.com.

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Howie Reed
Baylor Solar Energy
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