Sunlight Financial Unveils New 30-Year Residential Solar Loans

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.

Forward-looking statements

Information included herein and in any oral statements made in connection herewith may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward-looking statements can generally be identified by the use of words such as “could”, “should”, “would”, “could”, “believe”, “anticipate”, “intend”, “estimate”, ” “, “project”, “plans”, “continues” or the negative form of these terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions regarding future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Sunlight disclaims any obligation to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. Sunlight cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond Sunlight’s control. These risks and uncertainties include, among others: risks relating to the uncertainty of projected operational and financial information regarding Sunlight; risks related to Sunlight’s business and the timing of milestones or expected business results; global supply chain shortages, competition for skilled labor and clearance delays; the effects of competitive and regulatory risks, and the impacts of changes in laws or regulations on Sunlight’s future business; the expiration, renewal, modification or replacement of the federal solar investment tax credit, rebates and other incentives; the effects of the COVID-19 pandemic on Sunlight’s future business or results; Sunlight’s ability to maintain profitability and attract and retain relationships with third parties, including Sunlight’s capital providers and solar contractors; changes in retail prices for electricity produced by traditional utilities; the availability of solar panels, batteries and other components and raw materials; and other risks and uncertainties discussed in the “Risk Factors” section of Sunlight’s Form 10-K as filed with the Securities and Exchange Commission (“SEC”) on March 29, 2022, and other Sunlight filings or to file, with the SEC. Should one or more of the risks or uncertainties described herein materialize, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in the forward-looking statements. Sunlight’s filings with the SEC are publicly available on the SEC’s website at www.sec.gov.