Sunlight Financial Holdings Inc. (SUNLQ)
Sunlight Financial Holdings Inc. operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Charlotte, NC, US. The stock last traded at $0.02, up 51.78% on the session, giving a market capitalisation of $79,203. On trailing twelve-month figures it carries a trailing P/E of -0.04, a net margin of -519.7%. Its beta of 2.07 implies it has historically moved more than the broad market.
Sunlight Financial Holdings Inc. operates a technologically advanced platform in the U.S. that streamlines point-of-sale financing through a business-to-business-to-consumer model. This system empowers third-party lenders to provide homeowners with both secured and unsecured loans, primarily intended for the purchase and installation of residential solar energy systems, as well as a range of other home improvement projects. The company's main clientele consists of contractors specializing in residential solar installations. Established in Charlotte, North Carolina, Sunlight Financial Holdings Inc. was founded in 2014. However, a notable event occurred on October 30, 2023, when the company, alongside its affiliated entities, voluntarily filed for Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware.
Sunlight Financial Holdings Inc. is most often compared with the following Financial Services names: