Sunlight Financial Passes $3 Billion in Funded Loans

– Leading point of sale platform used to finance nearly 100,000 residential solar systems nationwide

– Sunlight is America’s 12th fastest growing financial services company, according to Inc. Magazine

– Record October saw more than $180 million of residential solar loans funded

NEW YORK and CHARLOTTE, Nov. 17, 2020 – Sunlight Financial, a technology enabled, leading point-of-sale finance company, today announced that more than $3 billion in loans to finance solar systems and other home improvement projects have been originated through the Sunlight platform. Nearly 100,000 homeowners nationwide have installed solar with Sunlight’s support. The more than 750 MW of solar that these nearly 100,000 Sunlight financed systems will produce is enough solar energy to avoid more than 15 million metric tons of carbon dioxide emissions.

“Our team is honored to have helped nearly 100,000 homeowners reduce their carbon footprint and save money,” said Sunlight Financial CEO Matt Potere. “We are also very proud of our market-leading loan performance. Sunlight’s industry-low default rates translate to low-cost capital for Sunlight and higher risk-adjusted returns for our capital providers, and allow us to deploy a wide range of financial products to fuel the growth of our solar installer partners. The diverse product suite, user-friendly processes and innovative tools that drove Sunlight’s rapid ascension to $3 billion in loans will continue to catalyze strong growth into the future.”

Inc. Magazine recently reported, in its 2020 list of the 5,000 fastest growing private companies, the Inc. 5000, that Sunlight Financial’s three-year revenue growth of over 2,000% ranks it 12th on the list of financial services companies and 205th overall. The key innovative loan products and tools that propelled Sunlight to $3 billion in funded loan volume include:

Sunlight’s go-forward market opportunity is also significant. Only about 3% of homeowners in the U.S. currently have rooftop solar and, with the increasing cost of traditional forms of energy and decreasing cost of solar, the residential solar industry will continue to grow. In addition, Sunlight’s 2019 entry into the $400 billion home improvement market has been met with enthusiasm. Hundreds of contractors have already chosen Sunlight as their financing partner.

About Sunlight Financial

Sunlight Financial is a point-of-sale specialty finance company. Sunlight partners with contractors nationwide to provide homeowners with financing for home improvement upgrades, including the installation of residential solar systems. Sunlight’s best-in-class technology and deep credit expertise simplify and streamline consumer finance, ensuring a fast and frictionless process for both contractors and homeowners. For more information, visit

Media Contact:

Rich Recchio, Sunlight Financial