United States Procurement News Notice - 65560


Procurement News Notice

PNN 65560
Work Detail Sunstone Credit has launched a joint program with M&T Bank that aims to give more businesses access to solar loan financing. By collaborating with M&T Bank, the company hopes to help more businesses afford solar systems. “Through our program with M&T, we’re poised to make it easier than ever for businesses to pivot to solar energy,” says Josh Goldberg, co-founder and CEO of Sunstone Credit. “Having such a well-regarded banking partner in our corner will accelerate our growth, and the growth of the commercial solar market, in a really meaningful way.” Sunstone’s installer network spans across all 50 states, and the company continues to expand its affordable financing options via its online platform to suit varying borrowing needs for businesses of all sizes. In 2023, Sunstone surpassed half a billion dollars in initiated loan applications across the U.S. This announcement comes on the heels of Sunstone opening its co-headquarters in Baltimore to expand solar access in the Mid-Atlantic. The company also recently acquired ORKA Finance, a commercial solar lender, and joined a consortium of investors to buy Sunlight Financial, a residential solar financing company.
Country United States , Northern America
Industry Energy & Power
Entry Date 26 Apr 2024
Source https://solarindustrymag.com/mt-bank-sunstone-credit-launch-program-to-increase-solar-financing-access

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