Firm on the cusp of serving to greater than 1 million folks prosper from clear vitality
OAKLAND, Calif., July 22, 2022 /PRNewswire/ — Mosaica number one financing platform for US residential photo voltaic and energy-efficient dwelling enhancements, at present introduced it has surpassed $8 billion in loans funded by way of 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 likewise achieved its highest month-to-month mortgage quantity up to now in June.
“It is a second in time when it needs to be all fingers on deck to assist extra households make the swap to scrub vitality options,” stated Billy Parish, founder and CEO of Mosaic. “Along with our companions, we make sustainable dwelling enhancements extra accessible and reasonably priced for householders — which is much more necessary with the influence of inflation and rising utility prices sweeping the nation. We’ve no plans of slowing down and won’t cease till we attain our imaginative and prescient of 100% clear vitality for all.”
The corporate handed the $8 billion mark in late June, lower than two months after asserting $7 billion in loans funded. The influence of this development places Mosaic on the cusp of passing one other main milestone — serving to greater than 1 million folks prosper from clear vitality. This contains householders, contractors and their crews, Mosaic workers 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 vitality,” stated Parish. “I’m extremely happy with what we have finished to assist folks and the planet thrive, and eternally grateful to everybody who has made this potential. It should take all of us working collectively to assist the following million folks prosper.”
To help this substantial development, the corporate has additionally employed high enterprise improvement expertise, together with: Jamie KlineVice President of Enterprise Progress; Eric Torykian, HVAC Enterprise Improvement Govt; and Patrick BrokawRoofing Enterprise Improvement Govt.
“Jamie, Eric and Pat are confirmed business professionals, they usually joined our crew at a pivotal second within the firm’s development,” stated Parish. “With in depth expertise in renewable vitality and residential renovation, they’re already making vital contributions to Mosaic and our companions.”
About Mosaic
Mosaic makes financing photo voltaic, photo voltaic plus vitality storage techniques, and different sustainable dwelling enhancements accessible and reasonably priced for householders by offering a quick and simple method to apply for financing choices. Clients find out about Mosaic by way of accepted photo voltaic installers and residential enchancment contractors, in addition to different ecosystem companions, and might get a credit score determination 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 way of 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 development. Since 2012, Mosaic has helped greater than 250,000 households swap to sustainable dwelling enhancements with its financing merchandise.
SOURCE Mosaic