Who We Are

What we do

Dividend is a leading national provider of renewable energy and energy-efficient financing solutions to property owners. We give our customers the opportunity to obtain clean energy financing through a comprehensive suite of financing options. Our flagship product, the EmpowerLoan™, continues to expand its product offerings into the storage and home-energy space.

Dividend also offers commercial PACE, which is a public-private financing mechanism for energy efficiency, renewable energy, water conservation and seismic upgrades on privately-owned property.

Dividend's Journey

  1. 2013

    Dividend Solar founded in San Francisco, CA.

  2. 2014

    Dividend Solar secures seed equity and project financing, launches the EmpowerPortal and onboards its first ~20 installation partners starting its residential solar loan originations.

  3. 2015

    Dividend Solar expands its footprint to include nearly 20 states, giving it the largest footprint of all residential solar financing platforms, while onboarding an additional ~100 solar installation partners and originating over $50M of residential solar loans.

  4. 2016

    Dividend Solar merges with PACE financing provider Figtree Financing to form Dividend Finance, LLC and secures $200M combined equity and debt commitment from LL Funds. Grows to 400 partners and 25 states.

  5. 2017

    Dividend secures $100M warehouse facility from Credit Suisse and completes $130M inaugural solar loan securitization. Grows to 700 partners and 30 states.

  6. 2018

    Dividend Finance now offers Home Improvement financing and closes second and third residential solar loan securitization. Dividend also receives prestigious securitization award being named "Esoteric ABS Deal of the Year" by GlobalCapital for their Series 2017-1 transaction.

  7. 2019

    Dividend Finance continues to its grow Home Improvement financing department and closes fourth solar loan securitization issuing $234.59 million of asset-backed securities. Dividend also announces new partnership with a top 25 bank institution, one of the nation's largest bank-based financial services companies, in an effort to help their customers help utilize the combined benefits of solar and energy storage for their homes.

  • Our Core Values Grit

    An attitude which defines our culture. We possess courage, resolve, perseverance, and dedication. We push ahead in the darkest of times and are inspired to continue the pursuit of our mission and vision.

  • Our Core Values Excellence

    We bring our best selves, always. We are obsessed with the highest quality experience and products for our customers, partners and colleagues. We deliver real value to those we touch.

  • Our Core Values Respect

    A fundamental part of our organization. It establishes an environment of trust. We promote diversity and embrace it in all aspects, by being open-minded and empathetic.

  • Our Core Values Alignment

    We align interests across diverse stakeholders to achieve win-win-wins, fostering an environment of harmony. We throw-out the antiquated construct of zero-thinking and embrace abundance mentality. It’s all about alignment.

  • Our Core Values Truth

    Truth fuels our personal and organizational growth. Truth-seeking is when we search for a deeper understanding of reality to serve as our guide to action. Truth-speaking we use to empower those around us with information rooted in candor and fact. We seek and speak truth to ensure we foster a culture of transparency.

Capital Markets

Our Capital Markets team is focused on connecting Dividend and its installer partners with world-class institutional capital providers, building durable commitments to fuel long-term, secular growth across the clean energy landscape.

Learn more

Dividend's Leadership Team

  • Eric

    Eric White President & CEO

  • Vinay

    Vinay Gupta President

  • Dave

    Dave Sterlitz General Counsel

  • Churchill

    Mike Churchill Chief Financial Officer

  • Raj

    Shivraj Mundy Executive Chairman

  • Brian

    Brian Bailey Chief Operations Officer

  • Jasjeev

    Jasjeev Sawhney Chief Risk Officer

  • Niall

    Niall Murphy Chief Technology Officer

  • Kerry

    Kerry Baird SVP People Operations

  • Peter

    Peter Grabell SVP Commercial PACE