The Closet Works has teamed up with Sunlight Financial®, a leading lender for solar systems and home improvement projects, to help you build the custom closet of your dreams. Sunlight has provided over 250,000 loans through its relationships with thousands of contractors. Some of the benefits of financing your project through Sunlight include:
- Deferred Interest Plans
- Low Interest Plans
- Credit Limits from $2,500 to $100,000
- Most Credit Decisions in 15 Seconds or Less
- High Approval Rates
- No Prepayment Penalties
- Friendly Customer Service
Q: Why should I finance my project when I can pay cash or use a credit card?
Financing a project with Sunlight Financial allows you to conserve both your money and your equity, and typically offers a lower interest rate than a credit card. Sunlight has promotional offerings with deferred interest, but without your having to pay out of pocket all at once.
Q: What type of credit does Sunlight offer?
Sunlight offers unsecured loans with fixed interest rates and deferred interest options with no prepayment penalties. Unlike a revolving credit card, your monthly payment amount is always the same.
Q: Where can I use my loan?
Your loan with Sunlight is offered through The Closet Works for our products and services only.
Q: How do I make a payment to The Closet Works?
All payments are managed by Sunlight Financial. At the execution of your sales agreement with The Closet Works, Sunlight will send you a text or email to approve an initial 50% deposit on your project. At the time of project completion, you will receive another confirmation via text or email to confirm the project completion and final loan amount. Sunlight releases these funds directly to The Closet Works upon your reply to these messages.
Q: How long do I have to use my loan?
All payments to The Closet Works by Sunlight must be made within 6 months from loan approval. This allows time for design revisions, installation and any follow-up work to be completed.
Q: When is my first payment due to Sunlight?
Your first payment to Sunlight will be due 90 days after loan approval. During this time, interest will accrue, if applicable, but no payment will be required.
Q: What if there are changes to the scope of work after I have been approved for a specific loan amount?
Any additional costs associated with your project can be added to the final balance payment, up to your maximum loan amount. Any changes resulting in a lower project cost will also be reflected in the final balance payment authorization. The second authorization request you receive from Sunlight will confirm your total loan amount.
Q: What if I would like to finance a subsequent project?
Subsequent projects may be financed through Sunlight Financial by applying for another loan.
Q: How do I apply for financing?
Fill out the form below and an associate from our office will contact you to discuss the process. They can run the prequalification steps with you over the phone at that time or send you a secure link for you to submit your information. Prequalification is a “soft pull” on credit and will not impact your credit score. If you decide to move forward with applying for a loan to finance your project with us, a secure link will be sent to you to complete the loan application.