Post Tagged with: "Loanpal"

Solar point of sale platform Loanpal rebrands as GoodLeap

Solar point of sale platform Loanpal rebrands as GoodLeap

June 7, 2021 at 12:13 pm 0 comments

Loanpal, a point-of-sale platform for sustainable home solutions, announced that the company has rebranded to GoodLeap. The shift to GoodLeap demonstrates the company’s growth into a broader sustainable solutions marketplace that unites business partners, consumers and financial institutions. This evolution comes as GoodLeap expands its product offerings in home improvement. SustainableRead More

APsystems added to Loanpal vendor list

APsystems added to Loanpal vendor list

May 24, 2021 at 1:26 pm 0 comments

APsystems has joined the approved vendor list (AVL) for Loanpal, a top technology platform for residential solar financing. The partnership brings APsystems’ advanced microinverter technology to Loanpal’s fast, frictionless financing experience, delivering further value to residential solar customers throughout the U.S. “The tremendous value and convenience Loanpal delivers to homeownersRead More

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

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

February 2, 2021 at 11:13 am Comments are Disabled

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

Loanpal completes largest securitization of residential solar loans

Loanpal completes largest securitization of residential solar loans

November 30, 2020 at 3:19 pm Comments are Disabled

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

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

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

August 17, 2020 at 12:34 pm Comments are Disabled

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

Loanpal Direct Pay Program now available through Soligent

Loanpal Direct Pay Program now available through Soligent

July 20, 2020 at 11:17 am Comments are Disabled

  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

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

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

April 27, 2020 at 1:30 pm Comments are Disabled

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

Four notes on the rise of residential solar loans over third-party owned leases

Four notes on the rise of residential solar loans over third-party owned leases

January 2, 2020 at 3:53 pm Comments are Disabled

According to the U.S. residential solar finance update: H2 2019 from Wood Mackenzie, solar loans are officially outpacing leases in the residential solar segment – hitting 55 percent market share in the first half of 2019. This equals 40 percent growth year over year in solar loans. 1. Expanding baseRead More

LoanPal adds PenFed Credit Union to home solar financing platform

LoanPal adds PenFed Credit Union to home solar financing platform

December 5, 2019 at 9:58 am Comments are Disabled

PenFed Credit Union, the second largest federal credit union in the United States, is partnering with Loanpal, a leader in new residential solar loans, to use its platform to finance more quality home solar projects. Loanpal is responsible for more than $2 billion in residential solar loans since 2018 and 30%Read More

Tesla drops to third in U.S. Solar Installer Rankings due to its strategy shift

Tesla drops to third in U.S. Solar Installer Rankings due to its strategy shift

June 19, 2019 at 9:12 am Comments are Disabled

Tesla installed 6.3 percent of U.S. residential solar capacity in the first quarter of 2019, marking the first time the company has fallen to third place since Wood Mackenzie Power & Renewables has been tracking installer market shares in its U.S. PV Leaderboard, dating back to Q1 2013. Vivint SolarRead More