Sunlight Financial Surpasses $6 Billion in Funded Loans
–Fourth Quarter and Full Year 2021 Results to be Released on March 22, 2022–
NEW YORK & CHARLOTTE, N.C.–(BUSINESS WIRE)–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.
Contacts
Investor Relations
Lucia Dempsey, Sunlight Financial
investors@sunlightfinancial.com
888.315.0822
Public Relations
media@sunlightfinancial.com