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
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2013
Dividend Solar founded in San Francisco, CA.
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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.
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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.
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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.
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2017
Dividend secures $100M warehouse facility from Credit Suisse and completes $130M inaugural solar loan securitization. Grows to 700 partners and 30 states.
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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.
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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.
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.
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