New york , /PRNewswire/ — CommonBond, a groundbreaking Fintech company, declares today this new release of its the newest Solar money organization

New york , /PRNewswire/ — CommonBond, a groundbreaking Fintech company, declares today this new release of its the newest Solar money organization

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By providing affordable capital options for installing solar energy panels, the organization are helping more residents to save cash on the monthly fuel statement and relieve their carbon impact.

Most commonly known because of its Pupil credit organization, CommonBond circulated the Solar power investment organization into the “covert means” in Q3 2021 that’s already into the speed to do $1 billion of Solar power originations for the 2022.

“We created ideal-in-group financing technical that allows price, ease, and you will discounts to possess people when you look at the numerous unit kinds,” said David Klein , Ceo & Co-Founder of CommonBond. “The purpose has been to provide the consumers that have classified products that satisfy its growing financials means, and Solar power try our second huge tool at the measure.”

  • 77% of their consumers provides property or propose to acquire one inside 36 months from refinancing their student loan to your company
  • Their extensible lending tech makes it possible for rapid device creativity so you can meet up with the developing need of its consumers and to complete unmet means on the market
  • Brand new effect from Solar – and you will ESG way more broadly – is consistent with CommonBond’s mission to aid people and have now wide impact. Within its very first complete year regarding Solar power originations, CommonBond wants to attenuate the need for the fresh burning away from one hundred billion weight from coal

“Residential roof solar power age group is amongst the best suggests to minimize your own carbon dioxide footprint, but adoption could have been slowly than simply it needs to be,” told you Robb Granado , President out-of CommonBond. “We feel that pricing and you can awareness are a couple of significant obstacles so you can domestic solar adoptionmonBond has generated a unique selection of capabilities to own Solar Contractors and you can Property owners to handle those individuals obstacles.”

There are three ways solar contractors work at CommonBond to boost sales speed and send finest in classification service on their people:

  1. API-founded point away from deals integrations for a fully incorporated transformation and financing experience
  2. Websites and you will app-dependent part from sale portals getting contractors so you can quickly and easily accessibility CommonBond funding possibilities
  3. Integrations with best solar power offer age bracket units

“All of our technical lowers prices for each other contractors and you can home owners. Therefore the friendly service our company is recognized for was an air away from oxygen for everybody,” said Granado.

CommonBond regularly hits a keen 80+ internet promoter score (NPS) certainly their customers, and this throws CommonBond among world’s most readily useful provider names. Very early residential solar customers are big marketers of brand and enjoys highlighted key proportions of the newest CommonBond offering, in addition to “great rate”, “sophisticated provider”, “easy to focus on”, and you will “reliable”.

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