-

Sunlight Financial and IGS Solar Announce New Solar Lease and Loan Solutions in Orange® Portal

New partnership streamlines solar sales and expands consumer choice to accelerate homeowners’ transition to clean and affordable renewable energy

CHARLOTTE, N.C.--(BUSINESS WIRE)--Today, Sunlight Financial Holdings Inc. ("Sunlight Financial"), a technology-enabled point-of-sale finance company advancing the clean energy transition, unveiled a solar lease program in partnership with IGS Solar, an affiliate of IGS Energy. The program underscores Sunlight’s focus on consumer choice and best-in-class technology by allowing sales reps and consumers to evaluate lease and loan options in one place to make the best choice for the consumer. The pilot launches in early April, with plans for expansion underway in select states.

"Our collaboration with IGS Solar allows us to offer our partners a solar lease option that complements our existing comprehensive suite of loan products," said Timothy Parsons, CEO of Sunlight Financial. "By integrating this new offering into our Orange® portal, we are making it easier for our partners to empower homeowners with more ways to finance their clean energy aspirations."

This innovative program caters to the growing demand for diverse solar financing options. IT also offers a host of benefits to installers and sales organizations, including a short and simple lease contract, competitive pricing, quick project milestone approvals, fast payments, and a smooth and seamless sales process. Solar installation partners will also benefit from IGS Solar’s dedicated account managers that usher projects efficiently through the pipeline, as well as generous solar Investment Tax Credit (ITC) incentive value sharing.

"We’re excited to bring our expertise in solar leasing to this partnership," said Brandon Childers, CEO of ISG Solar. "We believe that our platform, combined with Sunlight Financial's robust network and technology, will drive solar adoption forward."

About Sunlight Financial

Sunlight Financial is a leading technology-enabled point-of-sale finance company that partners with contractors nationwide to offer homeowners financing for the installation of residential solar systems and other home improvements. Leveraging best-in-class technology and deep credit expertise, Sunlight simplifies and streamlines consumer finance, ensuring a fast and frictionless process for contractors and homeowners. For more information, visit www.sunlightfinancial.com.

About IGS Energy

IGS Energy is redefining what it means to be an energy retailer. We are leading a transition to a more sustainable energy future for a healthier planet by empowering home and business customers to source the energy that’s right for them, manage their costs and carbon footprint, and protect the systems that keep their homes running efficiently.

As a proudly private company that follows the principles of Conscious Capitalism, we prioritize the needs of our customers, our employees and the communities where we live and work.

IGS Energy offers sustainable technologies and services, including 100% renewable electricity, carbon-neutral natural gas, solar energy systems and other energy-efficiency products. We serve as a trusted advisor to more than 1 million customers nationwide, making an ever-changing and complex industry simpler.

IGS Solar is an affiliate of IGS Energy, since its establishment in 2017, the company has deployed over $1B in residential solar lease and Power Purchase Agreement (PPA) assets for over 32,000 customers.

Sunlight Financial Holdings Inc.


Release Versions

More News From Sunlight Financial Holdings Inc.

Sunlight Financial Joins Residential Solar Association as Visionary Member to Drive Sustainable Practices Throughout the Solar Industry

CHARLOTTE, N.C.--(BUSINESS WIRE)--Today, Sunlight Financial Holdings Inc. ("Sunlight Financial"), a technology-enabled point-of-sale finance company advancing the clean energy transition, announced its new status as a Visionary Member of the Residential Solar Association (RSA). Joining the RSA underscores Sunlight Financial’s commitment to fostering sustainable and ethical practices within the residential solar industry. "By aligning with RSA, we are poised to drive significant advancements in...

Sunlight Financial in Partnership with Cross River Bank Announce the Successful Sale of Approximately $300 Million Solar Loan Asset Pool

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sunlight Financial Holdings Inc. (“Sunlight”), a leading point-of-sale finance company advancing the clean energy transition with technology-driven solutions, today announced a significant transaction in partnership with Cross River Bank (“Cross River”). Together, Sunlight and Cross River sold a pool of approximately $300 million in solar loan assets, demonstrating strong market confidence in Sunlight-sourced solar loans. The pool was acquired by a leading inte...

Sunlight Financial Appoints Timothy Parsons as Chief Executive Officer to Lead the Company’s Strategic Direction

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sunlight Financial Holdings Inc. ("Sunlight") a leading point-of-sale finance company, advancing the clean energy transition with technology-driven solutions that save homeowners money and provide installers with top-tier support, today announced the appointment of Timothy Parsons, currently Sunlight’s Chief Operating Officer (COO), as Chief Executive Officer (CEO). This follows the acquisition of and significant investment into Sunlight by Greenbacker Capital...
Back to Newsroom