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Tiger Infrastructure Announces Completion of Business Combination of Sunlight Financial with Spartan Acquisition Corp. II; Will Begin Trading on NYSE as 'SUNL'

Sunlight Financial Surpasses $4 Billion in Funded Loans


NEW YORK & CHARLOTTE, N.C. (BUSINESS WIRE) Apr 14, 2021
Sunlight Financial, a premier, technology-enabled point-of-sale financing company in the process of completing a business combination with Apollo-affiliated Spartan Acquisition Corp. II (NYSE: SPRQ), today announced that more than $4 billion in loans have been originated through Sunlight’s proprietary technology platform, Orange ®.
“We are proud to have surpassed the $4 billion milestone in funded loan originations through our proprietary Orange ® platform, and excited to help homeowners transition to clean energy and save money,” said Sunlight Financial Chief Executive Officer Matt Potere. “Our platform continues to deliver best-in-class credit quality and industry-low default rates to our capital providers, which in turn reduces Sunlight’s cost of capital and facilitates the Sunlight process and product innovations that help our partner contractors grow.” ....

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