Energy Loan Network
Energy Loan Network is a US online financing platform, wholly owned by Forbright Bank, that connects homeowners with a network of lenders for residential solar and energy efficiency projects via contractor referrals and direct applications.
- Company typePrivate
- Founded2015
- HeadquartersSimi Valley, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Energy Loan Network does
Energy Loan Network (ELN) is a US-based online financing platform that operates as a wholly owned subsidiary of Forbright Bank, a Member FDIC and Equal Housing Lender institution. The company connects homeowners seeking to finance residential solar installations and energy efficiency upgrades with a curated network of participating lenders through a 24/7 online application, while simultaneously serving solar, roofing, HVAC, window, insulation, and battery storage contractors as channel partners who submit and track homeowner loan applications via a dedicated portal.
The platform comprises four integrated components: a Homeowner Loan Application supporting loan amounts up to $150,000, FICO scores as low as 650, debt-to-income ratios up to 50%, and zero-down, no-prepayment-penalty terms; a Contractor Portal providing real-time project status, email notifications, and 24/7 access; a Contractor Enrollment Application gated by licensing, insurance, BBB, and review-rating criteria; and a Lender Matching layer that enables competitive rate comparison across the network. The technology stack is a conventional web application with no disclosed API, SDK, or AI/ML components.
ELN runs a hybrid B2B2C go-to-market: contractor referrals are the primary acquisition channel, supplemented by direct-to-consumer online applications. The service is offered free of charge to consumers, and revenue is generated on a transaction-fee / take-rate basis as ELN facilitates loans between applicants and network lenders. Marketing is digital-first (website, social channels linked to Forbright Bank) plus contractor relationships. The company is operationally lean — based at a PO Box in Simi Valley, California, with a single support number across customer types and no disclosed headcount — and cites over 35 years of combined lending experience on its team.
Energy Loan Network firmographics
Firmographics- Name
- Energy Loan Network
- Legal name
- The Energy Loan Network, LLC
- Website
- https://energyloannetwork.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Energy Loan Network is a US online financing platform, wholly owned by Forbright Bank, that connects homeowners with a network of lenders for residential solar and energy efficiency projects via contractor referrals and direct applications.
- Ownership category
- akta.pro rank
Energy Loan Network industry classification
Industry- Product category
- Residential Solar and Energy Efficiency Financing
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Energy Efficiency & Green Retrofit Financing (FSALAHAK)
- akta.pro secondary industries
- Loan Servicing Platforms (Billing, Statements, Customer Self-Service) (FSAGAHAH), Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD)
Keywords
Where Energy Loan Network is headquartered
LocationHeadquarters
- HQ city
- Simi Valley
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Energy Loan Network business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- Lender Network Facilitation: ELN operates as a financing platform that connects contractors, homeowners, and participating lenders. The company earns revenue by facilitating loans between homeowners and lenders in its network. The service is provided free of charge to consumers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Residential Solar and Energy Efficiency Loans |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Energy Loan Network product offering
Product offeringCore offering
Energy Loan Network is an online financing platform that connects residential homeowners seeking solar and energy efficiency upgrades (solar PV, roofing, HVAC, windows, doors, insulation, battery storage) with a network of participating lenders. Contractors enroll as channel partners and refer homeowners through a 24/7 portal that tracks project status, while homeowners can also apply directly online. The company earns revenue by facilitating these loans, with loans of up to $150,000, FICO scores as low as 650, DTI up to 50%, zero down, no pre-payment penalties, and no home equity required.
Product overview
Energy Loan Network operates as a financing platform connecting homeowners with a network of lenders for residential solar and energy efficiency upgrades. The platform consists of four interconnected offerings: a Homeowner Loan Application (online form for applying to finance projects), a Contractor Portal (for contractors to track applications and receive updates 24/7), and a Contractor Enrollment Application (for contractors to join the network). The company offers financing for solar, roofing, HVAC, windows, battery storage, insulation, and other energy efficiency improvements with loan amounts up to $150,000, FICO scores as low as 650, and debt-to-income ratios up to 50%.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Solar and Energy Efficiency Financing Platform
Quantifiable outcome
- Loan amounts up to $150,000 available
- +3 more outcomes
Companies that use Energy Loan Network
Customer profileSegments2 records
Ideal customer profiles2 records
Energy Loan Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Energy Loan Network partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights4 records
Energy Loan Network competitors and assessment
Company assessmentDirect peers
- Loanpal: One of the largest residential solar and energy-efficiency loan originators in the U.S., operating a multi-lender marketplace that connects contractors and homeowners — directly comparable to ELN's core model.
- Sungage Financial: Residential solar loan marketplace that aggregates multiple lenders for installer referrals. Direct comparable on contractor channel, multi-lender model, and homeowner-facing product.
- Mosaic: Residential solar and home-improvement lender that originates consumer loans through a contractor-driven channel. Comparable on target borrower (residential), product category (solar/efficiency), and B2B2C distribution.
- Dividend Finance: Residential solar and energy-efficiency loan originator (now part of GoodLeap) that built its business on contractor channel relationships and lender aggregation — directly comparable to ELN.
- Kilowatt Financial: Specialty residential solar and energy-efficiency lender serving contractors and homeowners with flexible underwriting. Comparable product scope and target customer to ELN.
- LightReach: Residential solar and energy-efficiency financing platform serving contractors and homeowners with multiple lender partners — directly overlapping with ELN's product and channel strategy.
- Sunlight Financial: Residential solar and energy-efficiency loan originator focused on point-of-sale financing through solar installers. Closely comparable to ELN's contractor-channel, residential solar financing model.
- GoodLeap: Major residential solar, energy-efficiency, and home-improvement financing platform offering a contractor and homeowner funnel with multiple lenders — overlapping directly with ELN's B2B2C model and lender-matching approach.
Broad incumbents
- Renew Financial: PACE financing provider for residential and commercial energy-efficiency and seismic upgrades. Adjacent competitor in the clean-energy financing category, with broader scope than ELN's consumer loan model.
- Ygrene Energy Fund: Leading PACE (Property Assessed Clean Energy) financing provider for residential and commercial energy improvements. Competes with ELN in the energy-efficiency financing category but through a distinct PACE structure and broader geographic footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Energy Loan Network social profiles
Digital presenceEnergy Loan Network compliance and trust
Trust signalCompliance3 records
Energy Loan Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Energy Loan Network leadership team
Management profileNumber of profiles
Energy Loan Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Energy Loan Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Energy Loan Network
What does Energy Loan Network do?
Energy Loan Network is an online financing platform that connects residential homeowners seeking solar and energy efficiency upgrades (solar PV, roofing, HVAC, windows, doors, insulation, battery storage) with a network of participating lenders. Contractors enroll as channel partners and refer homeowners through a 24/7 portal that tracks project status, while homeowners can also apply directly online. The company earns revenue by facilitating these loans, with loans of up to $150,000, FICO scores as low as 650, DTI up to 50%, zero down, no pre-payment penalties, and no home equity required.
Is Energy Loan Network a public or private company?
Energy Loan Network is a private company. It is classified as corporate owned and is currently operating.
When was Energy Loan Network founded?
Energy Loan Network was founded in 2015. It employs 11 to 50 people.
Where is Energy Loan Network based?
Energy Loan Network is headquartered in Simi Valley, United States, in the North America region.
How does Energy Loan Network make money?
One revenue line is on record: lender Network Facilitation.
Who are Energy Loan Network's main competitors?
Direct peers on record are Loanpal, Sungage Financial, Mosaic, Dividend Finance, Kilowatt Financial, LightReach, Sunlight Financial and GoodLeap. Broad incumbents are Renew Financial and Ygrene Energy Fund.
Does Energy Loan Network have an API?
No public API is recorded for Energy Loan Network.
What industry is Energy Loan Network in?
Energy Loan Network's product category is Residential Solar and Energy Efficiency Financing. Its primary akta.pro industry code is FSALAHAK, Energy Efficiency & Green Retrofit Financing, with a secondary code of FSAGAHAH, Loan Servicing Platforms (Billing, Statements, Customer Self-Service). Its NAICS code is 52231 and its SIC code is 6163.