Firm on the cusp of serving to greater than 1 million individuals prosper from clear power
OAKLAND, Calif., July 21, 2022 /PRNewswire/ — Mosaic, a number one financing platform for U.S. residential photo voltaic and energy-efficient residence enhancements, at present introduced it has surpassed $8 billion in loans funded by the corporate’s platform. This accomplishment marks one more success for the mission-driven enterprise, which has funded roughly $1 billion in loans per quarter this 12 months and in addition achieved its highest month-to-month mortgage quantity so far in June.
“This can be a second in time when it must be all fingers on deck to assist extra households make the change to wash power options,” mentioned Billy Parish, founder and CEO of Mosaic. “Along with our companions, we make sustainable residence enhancements extra accessible and reasonably priced for householders — which is much more essential with the affect of inflation and rising utility prices sweeping the nation. We have now no plans of slowing down and won’t cease till we attain our imaginative and prescient of 100% clear power for all.”
The corporate handed the $8 billion mark in late June, lower than two months after asserting $7 billion in loans funded. The affect of this progress places Mosaic on the cusp of passing one other main milestone — serving to greater than 1 million individuals prosper from clear power. This consists of householders, contractors and their crews, Mosaic staff in addition to different gear suppliers and companions.
“After we began Mosaic in 2010, our mission was to empower thousands and thousands of individuals to prosper from clear power,” mentioned Parish. “I’m extremely pleased with what we have accomplished to assist individuals and the planet thrive, and eternally grateful to everybody who has made this potential. It would take all of us working collectively to assist the subsequent million individuals prosper.”
To assist this substantial progress, the corporate has additionally employed prime enterprise growth expertise, together with: Jamie Kline, Vice President of Enterprise Progress; Eric Torykian, HVAC Enterprise Growth Govt; and Patrick Brokaw, Roofing Enterprise Growth Govt.
“Jamie, Eric and Pat are confirmed trade professionals, they usually joined our crew at a pivotal second within the firm’s progress,” mentioned Parish. “With intensive expertise in renewable power and residential renovation, they’re already making vital contributions for Mosaic and our companions.”
About Mosaic
Mosaic makes financing photo voltaic, photo voltaic plus power storage programs, and different sustainable residence enhancements accessible and reasonably priced for householders by offering a quick and straightforward solution to apply for financing choices. Prospects find out about Mosaic by accredited photo voltaic installers and residential enchancment contractors, in addition to different ecosystem companions, and may get a credit score choice in minutes for no cash down loans with fastened rates of interest and a number of time period choices. Financing utilized for and processed by the Mosaic platform is originated by Photo voltaic Mosaic LLC or certainly one of its lending/financing companions. For our community of 1000’s of photo voltaic installers and residential enchancment contractors, Mosaic gives a streamlined financing platform to drive gross sales progress. Since 2012, Mosaic has helped greater than 250,000 households change to sustainable residence enhancements with its financing merchandise.
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SOURCE Mosaic
