Skylight Lending, a provider of financing solutions in the residential solar space, closed a multi-million-dollar credit facility with M&T Bank. This strategic relationship marks a significant milestone for Skylight as it positions the company for rapid expansion into five new states, solidifying its commitment to making solar energy affordable for homeowners nationwide.

Both entities worked closely to ensure a swift and efficient transaction, emphasizing the shared commitment to driving positive change in the residential solar financing landscape. "Our long-term relationship not only provides Skylight with the financial resources needed for expansion but also underscores the confidence M&T Bank has in our vision and the potential of the residential solar market," stated Thomas Dungan, CEO of Skylight Lending.

Davis Clark, Vice President at M&T Bank, stated, "M&T Bank is thrilled to support Skylight Lending as they continue to advance the adoption of renewable energy solutions by providing accessible, customized financing solutions to consumers. This relationship underscores M&T's Bank's dedication to supporting initiatives that contribute to a more sustainable future and highlights the Bank's ongoing commitment of supporting and empowering local businesses."