Sunlight Financial

Sunlight Financial's Services

Sunlight Financial specializes in providing frictionless financing for home upgrades, including residential solar installations, battery systems, and roofing. The company offers innovative and affordable loans designed to meet customers' needs and increase their buying power. Their services are accessible at the point-of-sale via phone, tablet, or computer, ensuring simple access to financing. Additionally, Sunlight Financial's proprietary sales platform, Orange®, includes a payment calculator, mobile app, pre-qualification tool, and Spanish selling capabilities. The platform is engineered to provide seamless financing offers to homeowners, making it a preferred choice for over 15,000 professionals.

Sunlight Financial's Impact

Sunlight Financial has made a significant impact in the home improvement financing sector, funding over $8 billion in loans and financing more than 200,000 solar systems. The company measures its impact by tracking metrics such as the number of solar systems financed, metric tons of CO2 avoided, and kWh of clean energy produced. These metrics highlight the company's contribution to environmental sustainability and its role in facilitating the transition to clean energy. Sunlight Financial's partnerships with contractors nationwide further extend its reach, making it a key player in the green finance industry.

Sunlight Financial's Partnerships

Sunlight Financial has established strategic partnerships to enhance its service offerings and streamline operations. Notably, the company partnered with Bodhi to expedite post-sale documentation, saving residential solar installers time. Additionally, they collaborated with Solar Insure to offer a 30-year monitoring and warranty service for residential solar installations. Sunlight Financial also announced new solar lease and loan solutions in the Orange® Portal in partnership with IGS Solar and successfully sold approximately $300 million solar loan asset pool in collaboration with Cross River Bank. These partnerships demonstrate Sunlight Financial's commitment to providing comprehensive and reliable financing solutions.

Sunlight Financial's Customer Support

Sunlight Financial is renowned for its elite customer support, offering flexible payment options and top-notch service from loan approval to project completion. The company provides comprehensive training and support for contractors' sales and operations staff, ensuring smooth operations and customer satisfaction. Their white glove service is designed to provide homeowners with minimal documentation requirements and seamless integration with sales and operations tools. This level of support has earned Sunlight Financial a 4.8-star rating for its mobile app in the App Store and solidified its reputation as a trusted financing provider.

Sunlight Financial's Acquisition

In October 2023, Sunlight Financial was acquired by leading solar industry investors, marking a significant milestone in the company's history. This acquisition is expected to bolster Sunlight Financial's market position and enhance its ability to offer innovative financing solutions. The investment underscores confidence in Sunlight Financial's business model and its potential for continued growth in the green finance sector. The acquisition aligns with Sunlight Financial's mission to provide affordable, accessible financing for modern home upgrades and supports its ongoing efforts to expand its service offerings and market reach.