Sunlight financial announces updated credit loss rates

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 updated credit loss rates for solar loans originated by sunlight financial between 2018 and 2020. solar loans that sunlight originated in 2018, 2019 and 2020 had an average loss rate of 1.61%, 1.24% and 0.39%, respectively, considerably outperforming loans of similar size and
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