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Sunlight Financial Holdings (Sunlight Financial Holdings) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2023)


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What is Sunlight Financial Holdings Long-Term Capital Lease Obligation?

Sunlight Financial Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil.


Sunlight Financial Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sunlight Financial Holdings's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sunlight Financial Holdings Long-Term Capital Lease Obligation Chart

Sunlight Financial Holdings Annual Data
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Sunlight Financial Holdings Quarterly Data
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Sunlight Financial Holdings  (OTCPK:SUNLQ) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Sunlight Financial Holdings Long-Term Capital Lease Obligation Related Terms

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Sunlight Financial Holdings (Sunlight Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
101 North Tryon Street, Suite 1000, Charlotte, NC, USA, 28246
Sunlight Financial Holdings Inc is a technology-enabled point-of-sale finance company. It partners with contractors nationwide to provide homeowners with financing for the installation of residential solar systems and other home improvements. It's technology and deep credit expertise simplify and streamline consumer finance, ensuring a fast and frictionless process for both contractors and homeowners. It earns revenue in two streams: platform fees earned on each loan facilitated via Orange and fees earned for loan portfolio management, servicing, and administration services.
Executives
Matthew Potere director, officer: Chief Executive Officer 101 N. TRYON STREET, STE. 1000, CHARLOTTE NC 28246
Rodney Yoder officer: Chief Financial Officer 101 N. TRYON STREET, SUITE 1000, CHARLOTTE NC 28246
Timothy Parsons officer: EVP and COO 101 N. TRYON STREET, STE. 1000, CHARLOTTE NC 28246
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Apollo Anrp Capital Management Iii, Llc 10 percent owner 9 WEST 57TH ST., 43RD FLOOR, NEW YORK NY 10019
Apollo Anrp Advisors Iii, L.p. 10 percent owner 9 WEST 57TH ST., 43RD FLOOR, NEW YORK NY 10019
Ap Spartan Energy Holdings Ii, L.p. 10 percent owner 9 WEST 57TH ST, 43RD FLOOR, NEW YORK NY 10019
Spartan Acquisition Sponsor Ii Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Aph Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Barry Edinburg officer: EVP and CFO 101 N. TRYON STREET, SUITE 1000, CHARLOTTE NC 28246
William B Miller officer: Managing Director Acct Finance C/O SUNLIGHT FINANCIAL HOLDINGS INC., 101 N. TRYON STREET, SUITE 1000, CHARLOTTE NC 28246
Scott Mulloy officer: EVP and CIO 101 N. TRYON STREET, STE. 1000, CHARLOTTE NC 28246
Kenneth Shea director 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Tiger Infrastructure Partners Co-invest B Lp 10 percent owner 717 FIFTH AVENUE, FLOOR 12A, NEW YORK NY 10022
Ftv V, L.p. 10 percent owner 555 CALIFORNIA STREET, SUITE 2900, SAN FRANCISCO CA 94104

Sunlight Financial Holdings (Sunlight Financial Holdings) Headlines

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