Skylight Lending Company Research Report

Company Overview

Name: Skylight Lending

Mission:
Skylight Lending aims to help consumers make impactful statements with their homes, whether through home renovations or integrating renewable energy solutions like solar panels. The company supports and finances these ambitions through strong installer relationships.

Founding Year and Founders:
Founded in 2023. Founder's information not available.

Key People:

Rex Ellison: Executive Chairman | CEO | Board Member | Executive Advisor

Karlene Archer: Attorney and compliance professional

Natalia Klemesheva: Leader in underwriting and revenue cultivation

Headquarters:
800 Town & Country Blvd, Suite 500, Houston, TX 77024

Number of Employees:
11-50 employees

Revenue:
No information is available.

What the Company is Known For:
Skylight Lending is known for lending solutions focused on the financing of residential solar systems and home improvement projects. The company offers a secure end-to-end lending solution and custom portfolio products in partnership with banks.

Products

Product Offerings:
1. Home Improvement Loans

High Level Description:

Loans designed to finance residential home improvement projects.

Key Features:

Competitive interest rates

Flexible repayment terms

Support for various types of home renovation projects

2. Solar Installation Financing

High Level Description:

Financial solutions for residential solar system installations.

Key Features:

Affordable loans tailored for solar projects

Seamless integration with installer partnerships

Industry-leading risk mitigation controls

Proprietary Software Platform:

High Level Description:

Provides a secure and efficient end-to-end lending solution for both homeowners and installers.

Key Features:

Real-time application, verification, and approval process

Enhanced security measures

Customizable lending criteria based on banking partnerships

Recent Developments

Recent Developments:
1. 5/28/19:

Announcement: Skylight Lending secured a large credit facility with M&T Bank to fuel expansion.

2. Partnership:

5/28/19:

Skylight Lending partnered with Fortress Power to offer energy storage with financing.

New Products Launched:
No information is available.

New Features Added to Existing Products:
No information is available.

New Partnerships:

Fortress Power: Finance solutions for energy storage.

Freedom Bank of Virginia: Financing for Forefront Solar Fund which includes private securitization of residential solar loans originated by Skylight Lending.