CIO Bulletin

Sunlight Financial – Empowering Lives, Businesses, and Communities through Point-of-Sale Financing

Sunlight Financial specializes in providing point-of-sale financing solutions designed to enhance customer lives, foster business growth for partners, and contribute to community betterment. Having processed over 700,000 automated credit requests and funded more than $8 billion in loans, Sunlight collaborates with nearly 1,850 installers and contractors nationwide. Partnering extensively with contractors, Sunlight offers innovative and affordable loans to homeowners. Their cutting-edge technology and in-depth credit expertise streamline consumer finance, enabling partners to seamlessly offer homeowners straightforward access to financing solutions.

Committed to long-term relationships with partners and customers, Sunlight secures financial commitments and ensures fair and responsible loan accessibility. In an evolving market, they develop intuitive processes, facilitating the purchase, sale, and installation of residential solar systems and home improvements. Prioritizing user experience, their online portal and flexible APIs cater to contractors and homeowners. Sunlight collaborates closely with strategic partners to create financial products aligned with their values. They invest in hiring, training, and nurturing a dedicated team committed to providing service and support as reliable as the sun itself.

Empowering Solar Professionals: Sunlight Financial's Robust Financing Solutions

Sunlight Financial stands as a stalwart partner for solar professionals, providing a robust solar financing framework engineered for business expansion. With a commitment to simplicity and fairness, the company offers affordable and consumer-friendly loans, streamlining the approval and funding processes.

Simple and Fair Financing Solutions: Solar companies benefit from access to loans featuring flexible terms at fixed interest rates. With initial payments scheduled 60 days after installation, Sunlight Financial's approach ensures convenience for both businesses and homeowners. The proprietary Orange® platform serves as a point-of-sale solution, boasting an intuitive user interface. Additionally, flexible APIs offer a customizable suite of options for sales and operations.

Comprehensive Support and Training: Sunlight Financial believes in white-glove service, providing solar companies with comprehensive training and support for both sales and operations staff. The company is dedicated to delivering top-notch customer service for homeowners; fostering long-term partnerships based on trust and shared success. Sunlight Financial is not just a financing solution; it is a steadfast companion for solar professionals, committed to the entire journey of growth and success.

Transforming Home Improvement Financing

Sunlight Financial emerges as the all-in-one solution for home improvement financing, offering affordable and consumer-friendly loans with streamlined approval and funding processes. Their user-friendly platform allows contractors to focus on what they do best – selling and completing home improvement projects.

Streamlined Contractor Financing: Sunlight Financial empowers contractors to close more sales by providing opportunities for home improvement financing that align seamlessly with their business values and sales processes. With comprehensive financing services for roofing, HVAC, energy efficiency, and home automation, contractors can enhance their offerings and maximize value for customers.

Roofing Financing: Sunlight Financial's flexible financing services for roofing projects ensure that homeowners can access convenient and affordable solutions. The proprietary Orange® platform simplifies loan applications, tracking, and funding, making the process paperless, automated, and efficient. Flex Approvals™ enable continuous project progress, even if costs increase mid-project.

HVAC Financing: For HVAC contractors, Sunlight Financial's innovative financing solutions help overcome the hurdle of upfront costs for homeowners. By offering fast and affordable financing options, HVAC contractors can seize every opportunity and close more deals.

Energy Efficiency Financing: Sunlight Financial supports home improvement contractors specializing in energy efficiency with flexible financing programs. These programs cover a range of projects, from insulation to indoor air quality improvements. Homeowners benefit from affordable monthly payments combined with energy savings.

Home Automation Financing: In the rapidly growing field of home automation, Sunlight Financial's contractor financing program offers affordable options for homeowners. By providing financing for smart device installations, contractors can accelerate sales timelines and remain competitive in the evolving home automation market.

Interior Remodel Financing: Sunlight Financial introduces a game-changing solution for contractors looking to make homeowners' interior remodel dreams a reality. Offering robust and affordable financing, Sunlight Financial empowers contractors to overcome the financial barriers that often accompany interior remodeling projects. Interior remodeling projects, whether it's a kitchen makeover or a complete home renovation, come with significant costs that homeowners may not be prepared to cover upfront. Sunlight Financial recognizes this challenge and provides contractors with the tools to offer convenient and affordable financing options, significantly impacting their ability to close deals. Sunlight Financial ensures that contractors can offer homeowners flexible loans with fixed interest rates, making the remodeling process more accessible and budget-friendly. The innovative Flex Approvals™ feature allows contractors to adapt to changes during the remodeling process seamlessly. Whether it's upselling to more expensive materials or unforeseen complications, contractors can make adjustments without the need for a new loan application.

Fence Financing: Sunlight Financial revolutionizes the fence industry by offering affordable financing options that accelerate sales timelines for homeowners. Fence contractors facing the challenge of customer sticker shock can now provide flexible financing solutions to make projects more accessible. For fence contractors, presenting estimates that align with the quality of their services often leads to customers experiencing sticker shock. Sunlight Financial acknowledges this common hurdle and provides a solution that empowers fence contractors to navigate the sales process more effectively by offering affordable financing.

Sunlight Financial's financing solutions ensure that fence contractors can make their projects more budget-friendly, addressing the price sensitivity often encountered in the fence installation process. As a partner of Sunlight Financial, fence contractors gain access to the cutting-edge Orange® sales platform and mobile app. This technology streamlines the application process, facilitates easy tracking of loan statuses, and ensures quick project funding with minimal documentation. Sales representatives can optimize their in-home consultations, maximizing efficiency.

The Visionary Leader Upfront

Matt Potere serves as the Chief Executive Officer of Sunlight Financial; he is also a member of the Board of Directors. Matt joined Sunlight from Bank of America where he was a Senior Vice President responsible for the Bank’s $90 billion home equity portfolio.

Prior to Bank of America, Matt served as the Chief Operating Officer of Swift Financial, a small business lender. Before Swift, Matt held senior credit, marketing and operations roles at MBNA America and assisted in the launch of MBNA’s Canadian operations.

Mr. Potere has a B.A. from the University of Delaware.