What ORKA Finance does

ORKA Finance is a U.S. specialty lender that originates commercial solar loans for small and mid-sized businesses, headquartered in San Francisco. Its core product is a financing facility that allows SMB property owners to install rooftop solar and related energy upgrades with little or no upfront capital, repaid over time through a loan product rather than a lease or power purchase agreement.

The company operates a multi-sided technology platform built on React, TypeScript, Postgres, and AWS, with a Plaid integration for instant bank-account verification. Loan origination flows through two channels: a self-service Borrower Portal accessed directly by business owners, and a Partner Portal that approved solar contractors use to embed ORKA financing into their sales process. Underwriting is positioned as producing near-instant credit decisions, and an Investor Portal extends the platform toward loan-participation or securitization distribution. The company holds NMLS license #2319324, the regulatory authorization required to originate and service loans across U.S. states.

ORKA generates revenue primarily through net interest income on its originated loan portfolio, with economics shaped by loan size, term, and credit performance rather than transactional fees. Its target customer is the small-business owner installing distributed solar who cannot access conventional commercial debt on acceptable terms, and its distribution relies on a curated network of solar contractors augmented by direct borrower acquisition. In January 2024, ORKA was acquired by Sunstone Credit, which folded the platform, license, and book into a larger commercial solar finance franchise.

Name

ORKA Finance

Legal name

Orka Finance Inc.

Website

https://orkafinance.com

Company type

Private

Founded year

2020

Operating status

Acquired

Headcount range

1–10 employees

Short description

ORKA Finance is a U.S. specialty lender that originates commercial solar loans for small and mid-sized businesses through a self-service Borrower Portal and a Partner Portal used by approved solar contractors, holding NMLS license #2319324.

Ownership category

akta.pro rank

Product category

Commercial Solar Lending

NAICS

Credit Intermediation and Related Activities (522), Sales Financing (52222)

SIC

Mortgage Bankers & Loan Correspondents (6162), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD)

Keywords

• Commercial solar financing
• Small business lending
• Renewable energy loans
• Battery storage financing
• Energy upgrade loans

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Commercial Solar Loans: ORKA provides commercial solar loans to small businesses. Revenue is generated through interest income on loans. Loans can finance solar systems, energy storage (batteries), EV charging, energy management, electrical work, roof work, or structural upgrades related to the solar system. Interest rate is fixed for the full term once the loan agreement is in place.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

ORKA Finance is a specialty lender that provides commercial solar financing to small businesses in the United States. The company offers loans for solar installations, solar plus battery storage projects, and broader energy upgrades, delivered through a digital lending platform with dedicated portals for borrowers, installer partners, and investors.

Product overview

ORKA Finance offers a unified commercial solar lending platform built around its core Commercial Solar Loans product. The platform includes the main loan product for solar panel financing, with add-on modules for battery storage and energy upgrades (EV charging, electrical work, roof work) bundled into a single convenient loan. The offering is delivered through an integrated suite of self-service portals: the Borrower Portal for loan management, the Partner Portal for contractor/developer relationships, and the Investor Portal for capital providers. The platform is designed to eliminate traditional banking friction with rapid credit decisions, no money down options, fixed rates, and no prepayment penalties.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Solar Loans Loan products financing the installation of commercial solar photovoltaic systems for small business owners across the United States.

Quantifiable outcome

• Underwriting completed within 2 seconds to 2 days
• +3 more outcomes

Segments1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

One partnership is on record.

• Solar Contractors and DeveloperscoreChannel Partner/ Reseller/ DistributorORKA partners with reputable solar installers to provide financing for small businesses. The partner network consists of approved solar contractors and developers who resell ORKA commercial solar financing. ORKA conducts phone and web-based appointments to train installer reps and build relationships.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Mosaic: Solar-focused lender offering home improvement and solar loans through a partner installer network with an online application and rapid credit decisions. Closest direct competitor in verticalized solar fintech lending.
• Sunstone Credit: Parent company that acquired ORKA in January 2024. Provides commercial and SMB solar financing with a similar product-led fintech approach; the most directly comparable business given the now-shared platform and customer base.
• GoodLeap: One of the largest U.S. point-of-sale solar and home improvement lenders (formerly Loanpal). Competes head-to-head with ORKA on contractor channel economics, loan products, and SMB/residential solar financing.
• Sungage Financial: Solar loan originator working with regional installers and direct-to-consumer channels; offers fixed-rate, no-money-down solar financing. Comparable in product structure and target end-customer, though more residential-weighted.
• Dividend Finance: Provides solar, battery, and energy efficiency financing for residential and commercial customers through installer and developer partnerships. Directly overlaps on commercial solar loan underwriting and channel model.
• LightReach: Clean energy financing platform that funds commercial and residential solar plus storage projects via installer and developer channels. Same product offering, same contractor-led distribution, and same target SMB borrower.

Broad incumbents

• GreenSky (Goldman Sachs): Established point-of-sale lender for home improvement, including solar and energy efficiency, distributed through contractor relationships. Operates at much greater scale and breadth across home improvement categories.
• EnerBank USA: Bank specializing in home improvement and renewable energy point-of-sale lending through contractor networks. Much larger balance sheet but overlapping point-of-sale installment loan mechanics and installer channel.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ORKAFinanceInc
• LinkedInlinkedin.com/company/orkafinance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ORKA Finance