Mosaic lifts warehouse lending facility with BNP to $200 million

By Sarah Lizee

Olympia, Wash., April 21 – Mosaic said that BNP Paribas approved a $50 million increase in its current warehouse lending facility to $200 million from $150 million and extended the term by two years.

This increase and extension will support the company’s growth by funding installations of solar energy systems, batteries and related clean energy solutions for homeowners, according to a press release.

Mosaic is an Oakland, Calif.-based based solar fintech company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.