First Associates Loan Servicing, LLC Celebrates 30th Anniversary and Record Growth

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The Nation’s Leading Third-Party Loan Servicer is the Fastest Growing Financial Services Company in Southern California with 30 Years of Proven Experience

Scott Scharman, Advisor; Stephanie Jimenez, Senior VP; Larry Chiavaro, Executive VP; Kristin Dunn, Vice President; Jerry Corvino, Chief Technology Officer; David Johnson, Chief Executive Officer; Jeanne Ray, Vice President

Scott Scharman, Advisor; Stephanie Jimenez, Senior VP; Larry Chiavaro, Executive VP; Kristin Dunn, VP; Jerry Corvino, Chief Technology Officer; David Johnson, CEO; Jeanne Ray, VP

Consumers have come to expect speed, transparency and convenience. Our success comes from working with our clients to deliver on those expectations through a scalable, secure, compliant solution.

Celebrating a history of innovation in financial services and a track record of outstanding service to clients, First Associates Loan Servicing, proudly announces their 30th Anniversary.

First Associates, the nation’s fastest growing loan servicing company, located in San Diego, is excited to announce they are celebrating thirty years of proven success this month, with the anticipation of thirty more years of innovation and high performance in the financial industry.

From its roots as a small specialty firm servicing mobile home loans to an industry leader in the emerging FinTech space, First Associates has built a tremendous record of growth. A record built with a single minded focus on client service, enabled by a state-of-the-art cloud-based SaaS architecture which delivers flexible, scalable and secure services. This cutting-edge technology platform has enabled the company to achieve record growth and become a trusted partner to clients and the established leader in the marketplace lending sector.

“The consumer finance industry is undergoing a fundamental shift. Historical processes for delivering services to consumers are being rewritten. Vertically integrated legacy players are losing market share to newer, more nimble competitors who are building virtual value chains based on best of breed firms such as First Associates.” said David Johnson, the chief executive officer of First Associates. “Consumers have come to expect speed, transparency and convenience. Our success comes from working with our clients to deliver on those expectations through a scalable, secure, compliant solution.”

First Associates has enabled hundreds of clients to build stronger, long-term relationships with consumers and improve the performance of their portfolios.

First Associates has experienced rapid growth in multiple asset classes including marketplace lending, auto, power sports, solar, education, consumer purchase finance and small business. The company recently doubled its physical space to accommodate additional growth.

About First Associates Loan Servicing, LLC

First Associates Loan Servicing is the fastest-growing third-party loan and lease servicer in the United States. With thirty years of experience in the consumer finance industry, First Associates is the country’s leading marketplace lending loan servicer. The company, based in San Diego, works with a wide range of asset classes, including solar, automotive, power sports, student loan, and small business. The company also offers a variety of support solutions, including backup servicing and custodial functions. For more information, visit http://1stassociates.com/.

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Larry Chiavaro
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