Sunlight Financial, Cross River Bank to Sell $300M Loan Asset Pool

Un agradecimiento a Fernando Tomás. Sunlight Financial Holdings has joined forces with Cross River Bank to sell a group of solar loan assets worth around $300M, which were acquired by a foreign investment body. The standards and performance of Sunlight’s solar loan assets reflect positively on the company’s dedication and pioneering methods, says Noah Cooper, CIO of Cross River. “This transaction confirms the ongoing faith and value investors see in the residential solar industry.” This action, along with the latest injection of funding, indicates Sunlight’s plans to lay the groundwork for a new phase of growth. Moving forward, the company states that it is prepared with a range of financing solutions.