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
  2. 2014
  3. 2015
  4. 2016
  5. 2017
  6. 2018

  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 residential solar loan securitization.

Quality Obsessed

We're committed to providing an outstanding financing experience.

It's About Alignment

People first. Always.

Question Convention

Here at Dividend, we challenge the status quo.

Create Change

An efficient and sustainable home is no longer an environmental dream, it's an economic reality.

Dividend's Leadership Team

  • Eric

    Eric White President & CEO

  • Dave

    Dave Sterlitz General Counsel

  • Churchill

    Mike Churchill Chief Financial Officer

  • Raj

    Shivraj Mundy Executive Chairman

  • Vinay

    Vinay Gupta Chief Product Officer

  • Tim

    Tim McFarland Chief Operations Officer

  • Brendan

    Brendan Keane SVP Capital Markets

  • Niall

    Niall Murphy Chief Technology Officer

  • Kerry

    Kerry Baird VP People Operations

  • Kyle

    Kyle Kolsky SVP Operations

  • Michaelk

    Michael Karlosky SVP, PACE Management

  • Peter

    Peter Grabell SVP Commercial PACE

  • Tom

    Tom Cavallo SVP, Sales