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Sunstone Credit Announces Initial Fundraise To Make It Easy And Affordable For Businesses To Go Solar

Feb 10, 2022over 3 years ago
Baltimore

Description

Sunstone Credit, Inc. ("Sunstone"), a technology-enabled solar loan finance platform for businesses, today announced the company's initial fundraise, including investments from Forbright Bank, Cross River Digital Ventures, Grotech Ventures, Early Light Ventures and the University System of Maryland Momentum Fund. In addition to their investments, Forbright Bank and Cross River will also serve as strategic partners to Sunstone, and provide the financing to back its loan portfolio.

Company Information

Company

Sunstone Credit

Location

Baltimore, Maryland, United States

About

Sunstone Credit is on a mission to democratize access to solar for small and medium sized businesses (SMBs). Sitting at the intersection of climate, finance and technology, Sunstone has built a best-in-class technology platform and partnered with leading financial institutions and a national network of solar developers to provide SMB borrowers access to simple, affordable and easy-to-understand solar loan products with flexible terms and a streamlined application process. When SMB customers go solar using Sunstone's products, they save money and reduce their carbon footprint, driving a clean, green future for all. Learn more at sunstonecredit.com. For media inquiries, please contact press@sunstonecredit.com. SOURCE Sunstone Credit

FundzWatch™ Score

66
Medium Activity