Sunlight Financial Holdings Inc. announced the appointment of Timothy Parsons, currently Sunlight?s Chief Operating Officer (COO), as Chief Executive Officer (CEO). In conjunction with Parsons being named CEO, former CEO Matt Potere will transition into a strategic advisory role to continue supporting Sunlight with his significant industry expertise. Parsons Takes the Helm as CEO: Parsons, with his extensive background in consumer and commercial lending, is now poised to drive Sunlight forward, reinforcing its commitment to solar and home improvement contractors.

Under his leadership, Sunlight will further expand its position as the market innovator, building on its history of industry-firsts such as: Soft Pull Prequalification: Lowering customer acquisition costs. Industry-Long Loan Terms: Driving low monthly payments and more homeowner savings. Rewards Programs: Incentivizing and rewarding sales representatives for selling solar and home improvement projects.

Battery-Only and Solar + Battery Loan Products: Catering to evolving energy needs. Full-Spectrum Lending: Extending service down to 600 FICO for solar and no FICO for home improvement, ensuring as many customers as possible can save money.