Sunlight Financial Surpasses $6 Billion in Funded Loans
March 01 2022 - 3:15PM
Business Wire
–Fourth Quarter and Full Year 2021 Results
to be Released on March 22, 2022–
Sunlight Financial Holdings Inc. (“Sunlight Financial”,
"Sunlight" or the “Company”) (NYSE: SUNL), a premier,
technology-enabled point-of-sale financing company, today announced
that by the end of 2021, cumulative funded loans exceeded $6
billion, with over $638 million of loans funded in the fourth
quarter of 2021.
“2021 was a pivotal year for Sunlight. The company funded over
$2.5 billion of solar and home improvement loans, a 72% increase
over full-year 2020, while improving platform fee margin and
generating significant free cash flow throughout the course of the
year,” said Sunlight Financial Chief Executive Officer Matt Potere.
“We look forward to building on this performance in 2022 as we
continue to leverage our capital-light business model and strong
balance sheet to strengthen our distribution network, expand our
capital provider relationships and increase our product
offerings.”
Full Year 2021 Results
Sunlight will release its fourth quarter and full-year 2021
financial results, as well as 2022 guidance, after the market
closes on Tuesday, March 22, 2022. Sunlight will hold a conference
call to discuss the financial results at 5:00 pm Eastern Time on
that day. A live webcast of the conference call will be available
on Sunlight’s investor relations website at
ir.sunlightfinancial.com.
The dial-in number for the conference call is (855) 327-6837
(toll-free) or (631) 891-4304 (international). Please dial the
number 10 minutes prior to the scheduled start time.
A webcast replay of the call will be available at
ir.sunlightfinancial.com for 90 days following the call. A replay
will also be available until March 29, 2022 by dialing (844)
512-2921 or (412) 317-6671, using passcode 10018340.
About Sunlight Financial
Sunlight (NYSE: SUNL) is a premier, technology-enabled
point-of-sale finance company. Sunlight partners with contractors
nationwide to provide homeowners with financing for the
installation of residential solar systems and other home
improvements. Sunlight’s best-in-class technology and deep credit
expertise simplify and streamline consumer finance, ensuring a fast
and frictionless process for both contractors and homeowners. For
more information, visit www.sunlightfinancial.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220228006116/en/
Investor Relations Lucia Dempsey, Sunlight Financial
investors@sunlightfinancial.com 888.315.0822
Public Relations media@sunlightfinancial.com
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