First Associates Loan Servicing, LLC to Provide Primary Servicing for Yamaha Motor Corp., USA’s New Captive Finance Company

News provided by

First Associates Loan Servicing, LLC

Apr 01, 2015, 11:00 ET


San Diego, CA (PRWEB) April 01, 2015 -- First Associates Loan Servicing, LLC, has partnered with Yamaha Motor Finance Corp., USA, the all-new captive finance company for Yamaha Motor Corp., USA. The company’s initial focus will be on younger, first-time buyers and those re-establishing their credit.

Yamaha Motor Finance began operations with a small group of dealers this month and will continue rolling out to US dealers throughout this year with an initial goal of being in all states by early 2016. Based in San Diego, First Associates Loan Servicing is one of the country’s fastest growing loan and lease servicers.

“First Associates was the natural choice as our servicing partner as we launch our new business,” said Jeff Young, Executive Vice President and Chief Operating Officer of Yamaha Motor Finance Corp, USA. “First Associates has the expertise, industry-leading technology, and scalability to be able to provide excellent service to our customers as we roll-out Yamaha Motor Finance to dealerships nationally.”

First Associates Loan Servicing LLC is a leading motor vehicle loan servicer and has partnerships with lenders such as Mega Auto, ThunderRoad Financial Services, and Flexpath Auto Finance. In addition to primary servicing, the company offers other support services, such as backup servicing, document validation, verification calls, and title management.

“We are proud to partner with Yamaha Motor Finance,” said David Johnson, CEO of First Associates Loan Servicing. “This new program provides an excellent opportunity to serve traditionally underserved borrowers while expanding access to Yamaha’s most in-demand products. We look forward to growing with them.”

About Yamaha Motor Finance Corp., USA
Yamaha Motor Finance Corporation, USA, (YMFUS) was created by Yamaha Motor Corp., USA, (YMUS) to provide a new captive financing solution to underserved non-prime motorsports consumers. YMFUS will operate throughout YMUS’s nationwide network of dealers by early 2016 financing Yamaha products and supporting Yamaha buyers.

About First Associates Loan Servicing, LLC
Based in San Diego, First Associates Loan Servicing is the fastest growing third party consumer loan and lease servicer in the United States. The company offers a wide range of solutions for many consumer asset classes and consistently receives industry recognition for exceeding high performance standards and providing superior levels of support. First Associates has experienced management and staff, full SSAE 16 II audit, best-in-class IT infrastructure, as well as strong institutional relationships with commercial and investment banks, finance companies, hedge funds and credit unions. First Associates Loan Servicing leads the P2P / Marketplace Lending industry in providing customized technology and customer service solutions for its partners. For more information, please visit http://www.1stassociates.com.

# # #

Larry Chiavaro, First Associates Loan Servicing, LLC, http://www.1stassociates.com, (858) 999-3064, [email protected]