Backup Servicing Solutions for the Solar Industry
Solar finance companies, banks, and rating agencies interested in residential solar securitizations are searching for a backup servicing solution to support not only the financial contracts, but also the operations and maintenance (O&M) aspect of the equipment. GPSG is developing potential solutions with O&M partners, trustees, issuers, rating agencies, and investors in the space. Within a short timeframe, we intend to offer a workable backup servicing solution that does not rely on the direct competitors of the issuers for O&M services. GPSG is an experienced backup servicer, and we look forward to leveraging our expertise in this new market.
Third Party Servicing Solutions
Equipment Leasing Industry
Equipment lease originators, whether they are regional banks, independent lessors, or brokers, currently have an opportunity to implement alternative funding avenues and/or take greater control of their customers. GPSG has a long history in the equipment leasing industry, and we work with these originators by providing our “Helping You Get There” insight and solutions. We help originators identify and overcome servicing hurdles. Our commitment to the equipment leasing industry has always been strong, and we intend to continue this focus in the future.
Solar finance companies have found that GPSG provides strong capabilities, knowledge, and servicing solutions. Our systems offer an automated solution to the unique variable data billing and reporting challenges of the solar industry. Additionally, solar finance companies looking to develop a new funding model benefit from our capital markets knowledge and reporting ability learned from years of regular term securitization market issuance. We intend to remain committed, focused and involved within the solar space by participating in industry events and further developing our capabilities.
In our last newsletter, we reported a partnership with Vision Commerce to offer front-end processing solutions to our customers. Through this relationship, our customers manage their sales, credit, pricing, documentation, and reporting as a secured subscriber. GPSG helps define the processes and provides knowledgeable insight in configuring the solution to meet the customer’s needs. As a result, we are offering our customers a value-add, front-end solution that is integrated into and complements our back-end services.