Tag: Loanpal

  • Residential solar point of sale platform Loanpal closes investment round of $800 million

    Loanpal, the top point-of-sale payment platform for sustainable home solutions, complete an external investment round of more than $800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings and private investors. The platform is accessed by more than 12,000 sales professionals, supporting more than 20,000Read More — Solar Builder magazine

  • Loanpal completes largest securitization of residential solar loans

    Loanpal closed a securitization of approximately $434 million worth of Loanpal solar loans previously purchased by Goldman Sachs, Blackstone Credit and Goodfinch. This represents the largest securitization of residential solar loans to date and reaffirms Loanpal’s high quality assets and strength in the marketplace. Renewable energy is forecasted to beRead More — Solar Builder magazine

  • Blackstone, GSO commit to $300 million in residential solar loans via Loanpal

    Residential solar financier Loanpal announced last week that Blackstone has committed to invest in up to $300 million of residential solar loans originated and serviced on the Loanpal platform, through funds managed or advised by GSO Capital Partners LP. Those GSO funds will provide financing for solar systems for 10,000Read More — Solar Builder magazine

  • Loanpal Direct Pay Program now available through Soligent

      Solar equipment distributor Soligent partnered with Loanpal, the fastest-growing solar lender in the nation, to offer Loanpal Direct Pay through Solar Engine. The program empowers installers with long-term, flexible financing for solar projects on residential properties. Soligent’s Solar Engine platform enables installers to focus on the growth of their business whileRead More — Solar Builder magazine

  • This Loanpal Direct Pay Program for solar installers eases burden of equipment financing

    Loanpal has ascended the solar financing ranks the last few years, and it looks to keep momentum going during this COVID-19 slowdown. Loanpal is partnering with more than a dozen solar equipment distributors in the U.S. to open up access to financing for hundreds of solar companies that might notRead More — Solar Builder magazine