Daily News: July 31, 2019

BizCap Supports $300MM Facility for Solar Fintech Firm


Business Capital acted as strategic advisor to a company focused on providing residential solar loans to homeowners nationally.

Business Capital established $300 million in top tier funding partnerships by helping structure and negotiate forward flow loan purchase agreements to allow the company to sell pools of whole loans on a frequent basis to maximize its origination platform and take advantage of the opportunity to quickly gain substantial market share.

“It was especially rewarding for our team to secure funding for this client. As the US, and indeed the world, looks to find sources of renewable energy, it is gratifying to have played a role in propelling this nascent stage company and environmental conservation forward,” said Chuck Doyle, managing director of Business Capital.