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Thunder Road utilizes First Associates turnkey, private label servicing to create scalable platform for portfolio growth
San Diego, CA (PRWEB) February 27, 2014
Thunder Road Financial, LLC has partnered with First Associates Loan Servicing, one of the countrys fastest growing consumer loan and lease servicers, to provide turnkey, private label servicing for its rapidly growing motorcycle finance program.
Thunder Road Financial, based in Reno, Nevada has experienced rapid growth over the last year with the rollout of its new motorcycle finance program. Working closely with a large dealer network, the company provides financing to customers purchasing motorcycles, UTVs, ATVs and other power sports equipment. Thunder Road provides customers with a simple, no hassle process from beginning to end. The company is currently doing business in six states and has plans to expand throughout the United States. Thunder Road will add an additional 29 states in 2014.
We are extremely excited to be partnering with First Associates to handle our servicing said Donal Hummer, Jr, Thunder Road President and CEO. The biggest obstacle in starting a finance company is the amount of infrastructure required on day one. In a rapidly growing business like ours, the costs are compounded even further. Partnering with First Associates, we achieve a proven, high performance solution without incurring the costs of building it ourselves. Just as important, First Associates is able to rollout at their solution very rapidly, reducing our time to launch and brings a scalable, flexible solution that will help us accelerate our growth. How each customer is cared for after the buying process is very important to us. We are committed to exceeding customers expectations and First Associates enables us to deliver on that commitment.
We are proud to partner with Thunder Road Financial, said David Johnson, CEO of First Associates Loan Servicing. Thunder Road is an exciting new entrant into the power sports finance market and has achieved a tremendous amount in a short period of time. We look forward to growing with them.
About First Associates Loan Servicing, LLC
Headquartered in San Diego, First Associates has more than 25 years of experience in the consumer finance industry, State-of-the-art technology and the infrastructure to meet the demands of any client. First Associates specializes in servicing consumer asset classes including unsecured consumer, auto, power sports, marine, private student loans, Solar and more.
More information is available at http://www.1stassociates.com.
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