“Business Capital has been an incredible partner in our quest to make a positive impact on the planet, build lasting relationships with valued partners and customers, while connecting clean energy options with sustainable financing solutions.The team at BizCap shares our vision of accelerating clean energy adoption and has the experience and understanding to bring the clean energy and finance industries together.” — Hayes Barnard, Loanpal Founder & CEO
Business Capital (BizCap) acted as a strategic advisor to Loanpal, a leading Solar FinTech company focused on providing residential solar loans to homeowners nationally. The company is licensed in all 50 states and integrates seamlessly with the largest residential solar installers in the US. Business Capital secured over $300,000,000 in top tier funding partnerships by helping structure and negotiate forward flow loan purchase agreements that will allow the company to sell pools of whole loans on a frequent basis to maximize its origination platform and take advantage of the opportunity to quickly gain substantial market share.
“It was especially rewarding for our team to secure funding for Loanpal. As the US, and indeed the world, looks to find sources of renewable energy, it is gratifying to have played a role in propelling this nascent stage company and environmental conservation forward. Happy to do our part so this client can make a positive impact on US homeowners and a cleaner economy” — Chuck Doyle, Managing Director, Business Capital