Skylight Lending, a provider of financing solutions in the residential solar space, closed a multi-million-dollar credit facility with M&T Bank. The financing positions Skylight Lending for expansion into five new states.
“Our long-term relationship not only provides Skylight with the financial resources needed for expansion but also underscores the confidence M&T Bank has in our vision and the potential of the residential solar market,” Thomas Dungan, CEO of Skylight Lending, said.
“M&T Bank is thrilled to support Skylight Lending as they continue to advance the adoption of renewable energy solutions by providing accessible, customized financing solutions to consumers,” Davis Clark, vice president at M&T Bank, said. “This relationship underscores M&T’s Bank’s dedication to supporting initiatives that contribute to a more sustainable future and highlights the bank’s ongoing commitment of supporting and empowering local businesses.”
