SunLink receives line of credit from Silicon Valley Bank

As part of the company’s expansion from a leading PV mounting systems manufacturer to a full-scope solar energy solutions company, SunLink Corp. has engaged Silicon Valley Bank to provide a new line of credit and other financial services in support of the company’s continued expansion. Silicon Valley Bank will provide invaluable support to SunLink as the company explores new opportunities to advance universal solar adoption.

SunLink“SunLink is on a high-growth trajectory, with a recent acquisition of leading tracker technology and financings that scaled our solutions to best serve national and regional partners alike,” said Michael Maulick, CEO of SunLink. “We’re investing significant financial and human resources not just to continue to engineer superior products and grow our portfolio of successful projects, but also in bringing to market services that will help take our industry to the next level. We needed a banking partner with the vision and experience to collaborate with us on that journey, and SVB is a financial institution that understands the intricacies of the high-growth company experience.”

“We aim to build lasting relationships with our innovative clients who are at the forefront of their industries,” said Matt Maloney, head of Energy and Resource Innovation for Silicon Valley Bank. “SunLink is a clear leader in the solar industry, and we are proud to be the preferred financing partner to fuel their accelerating momentum in the market.”

— Solar Builder magazine

[source: http://solarbuildermag.com/news/sunlink-credit-silicon-valley-bank/]

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