Does sunlight Financial put a lien on the home?
No, there is no lien on the home. Instead, you give the lender a security interest in the solar system.
Who owns sunlight Financial?
Following the merger, the combined company, now called Sunlight Financial Holdings Inc, is 50%-owned by Sunlight's existing equityholders, while Spartan stockholders hold a 26% stake. Participants in the Private Investment in Public Equity (PIPE) own 19%.
What is a sunlight loan?
Sunlight Financial LLC is a point-of-sale financing company that supplies loans for homeowners who are making solar and home improvement purchases. Sunlight Financial partners with contractors in the solar and home improvement industries to help customers fund expensive home upgrades through affordable loans.
Is sunlight Financial a public company?
Sunlight Financial, the No. 2 point-of-sale residential solar platform, is going public after finalizing its merger with special purpose acquisition company (SPAC) Spartan Acquisition Corp. II. The combined company is named Sunlight Financial Holdings Inc.