From an industry leader with the expertise, infrastructure and cloud-based technology to provide first-class paying agent, collateral management and other treasury service requirements. Without the need for additional third-party service providers.
First Associates is the only company in its class to receive a Morningstar MOR RV1 ranking for overall excellence which is a direct reflection of the stellar reputation we have earned as a trusted service provider. Our peers rated us a LendIt 2017 Top Service Provider, we merited a zero-discrepancy SSAE-16 audit and we meet all CFPB, TCPA and FDCPA regulations. This is why so many clients put their trust in us to administer their treasury services.
Collateral Agent Service Benefits
- Secure infrastructure to assure that assets are safe yet readily accessible
- Comprehensive procedures and controls in place to manage risk
- Advanced chain of custody system to track all documents
- On-demand reporting of all documents in possession
- Prompt coordination of advance and other requests
Paying Agent Services
- Fund collection from issuers
- Facilitation of timely periodic principal and interest payments
- Accurate ownership record maintenance
- Dedicated Client Services Manager