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Sonepar USA Partners with Sunlight Financial

Sonepar USA Partners with Sunlight Financial

CHARLESTON, S.C. — Sonepar USA, a subsidiary of the privately held Sonepar Group, announced that it has partnered with Sunlight Financial, a leading technology-enabled company providing point-of-sale financing solutions for residential solar and home improvement, to create the Accelerate program to address solar installers’ cash flow challenges.

Sonepar and Sunlight’s Accelerate program allows installers to order from distribution and receive the equipment required for solar installations with a direct pay solution that simplifies operations and enables growth. An installer enrolled in the program can order and receive equipment through Sonepar USA for systems financed by Sunlight Financial. Sunlight then pays Sonepar USA directly, freeing up installers’ cash flow and preserving their line of credit.

“We’re excited about partnering with Sunlight Financial to provide this service to our customers,” said Joe Babiarz, Director of Sales – Renewable Energy for Sonepar USA Key Accounts. “This is a completely new value proposition for Sonepar USA in the market. With the Accelerate program, the limit of your growth is your sales and we believe we have the best partner for this offering through Sunlight Financial.”

“Sunlight is laser-focused on helping solar installers turbo-charge their growth,” said Matt Potere, CEO of Sunlight Financial. “We’re thrilled to partner with Sonepar USA to launch this program, which provides installers the equipment and capital they need to expand. Sunlight will continue to innovate for our partners, and is excited to partner with Sonepar USA’s supply chain solutions to improve installers’ cash flow.”

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