This transaction is the sixth securitization transaction for GoodLeap, which is only supported by the home renovation loan initiated by them.
San Francisco, October 2nd / PRNewswire / -- GoodLeap, LLC announce the completion of the GoodLeap Home Improvement Solutions Trust 2026-2 securitization transaction. This transaction was sponsored by Bank of America ( Bank of America, N.A. BofA Securities, Inc acted as the sole structural agent. This is the sixth issuance supported solely by home improvement loans, with a underlying pool of loans totaling $434 million originated by GoodLeap. The securitization transaction received ratings from Kroll Bond Rating Agency and Fitch Ratings. The joint bookkeepers include Goldman Sachs & Co. LLC, CIBC World Markets Corp., and Citigroup Global Markets Inc.
The company stated that the annual opportunity in the US sustainable home upgrade market is estimated to be $450 billion. GoodLeap mentioned that the company leverages its deep expertise in technology and data to make it easier for homeowners who wish to have a positive impact on the planet to undertake these sustainable home upgrades. GoodLeap's proprietary technology platform is used by sales professionals at the point of sale, providing financial institutions with an efficient option for deploying high-yield ESG assets. GoodLeap has collaborated with credit unions, insurance companies, banks, and asset management firms, and since 2018, has provided over $38 billion in solar loans and other home efficiency loans through its platform, helping more than 1.7 million homeowners to take steps to reduce their carbon footprint.
About GoodLeap
GoodLeap is a technology company that provides first-class financing and software products for sustainable solutions, covering solar panels, batteries, energy-saving HVAC, heat pumps, roofs, windows, and more. Over 1.7 million homeowners have benefited from its simple, fast, and seamless technologies, making these products more affordable, accessible, and easier to understand. Thousands of professionals in deploying home efficiency and solar solutions rely on GoodLeap's proprietary applications and developer tools driven by AI to facilitate more transparent customer communication, deeper business intelligence, and simplified payments and operations. Since 2018, its platform has brought over $38 billion in financing for sustainable solutions. GoodLeap also supports its award-winning non-profit organization GivePower, which is building and deploying life-saving water and clean power systems, transforming the lives of over 2.7 million people in Africa, Asia, and South America. For more information, please visit goodleap.com.
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