GoodLeap

GoodLeap
Formerly
  • Paramount Equity
    (2003–2017)
  • Loanpal (2017–2021)
Company typePrivate
IndustryFinance and Mortgage
Founded2003 (2003)
Founders
HeadquartersRoseville, California, U.S.
Key people
Hayes Barnard
(Chairman and CEO)
Services
  • Residential solar and battery storage loans
  • FHA insured loan
  • Conventional loans
  • Refinance and home purchase loans
  • VA loans
RevenueUS$361 million (2020)[1]
Number of employees
1,300
Websitegoodleap.com

GoodLeap, formerly Loanpal,[2] is a finance technology company that provides financing options for the residential solar energy industry. The company was founded in 2003 as Paramount Equity and was later rebranded to Loanpal. In June 2021, the company rebranded to GoodLeap.[2] As of 2020, the company was responsible for 41% of the solar loan market in the U.S. and is the top solar lender in the country.[3]

The company employs about 1,300 people.[4] It has locations in Roseville, San Francisco, Irvine, California, Phoenix, Kansas City, and Bentonville, Arkansas.

  1. ^ "GoodLeap Overview". bizjournals.com. 2021.
  2. ^ a b "Solar Financier Loanpal Eyes Home-Greening Market With New Name". www.bloomberg.com. Retrieved 2021-06-03.
  3. ^ Levy, Ari (2021-01-27). "Exec who quit SolarCity now runs the leading lender for solar installations". CNBC. Retrieved 2021-01-29.
  4. ^ "Life at GoodLeap". GoodLeap.com.

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