New 30-year loans at 1.99%, 2.99% and 3.99% Lower monthly payments for homeowners nationwide
Sunlight Financial (“Sunlight, NYSE:SUNL), a leading technology-based point-of-sale finance company, announced a new line of 30-year residential solar loan products. Available at rates Annual Aggregate Effectiveness (APR) of 1.99%, 2.99% and 3.99%, Sunlight’s 30-year loans reduce monthly payments for residential solar systems, making solar energy more affordable and accessible. Hundreds of Sunlight Installation Partners nationwide now offer Sunlight 30 Year Loans to their customers.
“Sunlight allows a homeowner to finance a residential solar system the same way they probably financed their home – with a 30-year loan,” said Matt Potere, CEO of Sunlight Financial. “The 30-year mortgage is by far the most popular home loan, which is why Sunlight is thrilled to be the first company to enable installers nationwide to offer 30-year solar loans. Our latest product enhancement will reduce monthly payments, making it easier for homeowners to transition to clean and affordable renewable energy.
Sunlight’s end-to-end digital point-of-sale platform provides instant credit decisions and automated loan processing and financing, creating a seamless process for selling residential solar systems and other business improvements. habitat. Through thoughtful risk management, Sunlight has delivered exceptional lending performance and industry-leading credit quality to its diverse set of capital providers. The more than 160,000 solar systems funded through Sunlight’s proprietary technology platform, Orange®, as of December 31, 2021 will produce enough solar energy to prevent the emission of nearly 28 million tonnes of carbon dioxide into the atmosphere.
Potential install partners can learn more and apply to become a Sunlight partner at https://sunlightfinancial.com/enroll/.
About Sunlight Financial
Sunlight Financial SUNL is a leading technology-focused point-of-sale finance company. Sunlight partners with contractors nationwide to provide homeowners with financing for the installation of residential solar systems and other home improvements. Sunlight’s advanced technology and deep credit expertise simplify and streamline consumer credit, ensuring a fast and frictionless process for entrepreneurs and homeowners. For more information, visit www.sunlightfinancial.com.
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