Case Study: Solar Mosaic achieves rapid growth to $1B in loan volume with Nortridge Software

Solar Mosaic grows to billions on top of the Nortridge Loan System

Solar Mosaic, a marketplace lender that connects homeowners with certified local solar contractors and finances full solar installs, needed a scalable, flexible loan management system after pivoting from institutional to consumer lending. Their previous software couldn't support the new consumer loan product, so they selected Nortridge Software and its Nortridge Loan System (NLS) SaaS platform to meet those requirements.

Nortridge Software implemented NLS for loan accounting and servicing, fees, general ledger, multiple disbursements, and provided a robust API to integrate with Solar Mosaic’s proprietary payment and origination systems. Since going live with NLS in July 2014, Mosaic has seen rapid growth—projecting $1 billion in loan volume by mid‑2017—and reports that Nortridge Software’s flexibility, pricing, and API integrations save time across nearly every function.

Solar Mosaic

Tony Bako

Chief Technology Officer