Goldman to Buy $320 Million of Loans From Solar Lender Loanpal
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Goldman Sachs Group Inc. committed to buy an estimated $320 million of loans over the coming six months from Loanpal, the top U.S. provider of residential solar financing.
The bank also expanded its warehouse facility with Loanpal to $300 million, according to a statement Tuesday. Loanpal provides about $200 million in loans per month.