New 12 year 0.00%, 20 year 0.49% and 25 year 1.49% Loans Further Reduce Monthly Payments for Homeowners Nationwide
Sunlight Financial, a premier, technology-enabled point-of-sale financing company, announced new no- and ultra-low interest loans for residential solar and storage systems. The company’s new offerings include rates as low as 0.00% for a 12-year loan, 0.49% for a 20-year loan and 1.49% for a 25-year loan.
“Sunlight’s latest innovation is an enhancement to our comprehensive product suite”
“Sunlight’s latest innovation is an enhancement to our comprehensive product suite,” said Matt Potere, CEO of Sunlight Financial. “Our new no- and ultra-low interest loans will provide homeowners the opportunity to save even more on their electricity bills, by further reducing monthly payments on Sunlight-arranged loans. We are excited to offer our installation partners new financing products for residential solar and storage systems, which will help grow their businesses and accelerate America’s transition to clean, affordable renewable energy.”
Sunlight’s fully digital, end-to-end platform delivers instant credit decisions and automated loan processing and funding, facilitating the sale of residential solar systems and other home improvements. More than 15,000 professionals use Sunlight’s proprietary technology platform, Orange®, to access solar and home improvement loans with interest rates from 0.00% to 6.99%, and tenors from 3 months to 25 years.
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Through thoughtful risk management, Sunlight has delivered outstanding loan performance and industry-low credit losses to its broad and diverse set of capital providers. The more than 135,000 solar systems financed through Orange® as of June 30, 2021 will produce enough solar energy to avoid the emission of more than 13.5 million metric tons of carbon dioxide into the atmosphere.
