New york , /PRNewswire/ — CommonBond, a pioneering Fintech providers, declares today new discharge of its the newest Solar power financing organization

New york , /PRNewswire/ — CommonBond, a pioneering Fintech providers, declares today new discharge of its the newest Solar power financing organization

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By giving reasonable resource options for installing solar power systems, the organization is actually helping way more property owners to save money on their monthly fuel bill and reduce the carbon dioxide footprint.

Best known for the Student lending providers, CommonBond released the Solar power financing organization from inside the “covert form” during the Q3 2021 which can be currently with the pace doing $step 1 million of Solar originations from inside the 2022.

“We now have built better-in-category financing tech enabling rates, convenience, and savings to own users in multiple unit kinds,” said David Klein , Ceo & Co-Founder off CommonBond. “The objective has been to provide the consumers having differentiated products which meet their growing financials needs, and Solar was all of our second larger product from the level.”

  • 77% of the customers keeps a property otherwise propose to buy one in this 3 years from refinancing the student loan on business
  • The business’s extensible lending tech allows for rapid equipment creativity in order to meet up with the developing need of the customers and fill unmet need in the industry
  • The fresh new feeling of Solar – and ESG far more generally – is actually in keeping with CommonBond’s objective to simply help customers and get large impression. With its first complete season regarding Solar originations, CommonBond expects to minimize the necessity for the newest consuming out-of a hundred million pounds out of coal

“Residential roof solar power age bracket is just one of the greatest ways to reduce your carbon dioxide footprint, but adoption could have been much slower than simply it should be,” said Robb Granado , Chairman of CommonBond. “We believe one prices and you can feel are two significant barriers so you can domestic solar power adoptionmonBond has built a special set of capabilities for Solar Contractors and you will Property owners to deal with those people obstacles.”

There are three straight ways solar installers run CommonBond https://loanecity.com/personal-loans-ar/ to improve conversion velocity and you can deliver finest in group services on the customers:

  1. API-mainly based part off marketing integrations to possess a totally integrated transformation and you will resource experience
  2. Online and you will application-depending section from sale portals getting installers to easily and quickly supply CommonBond resource selection
  3. Integrations which have best solar power proposal age bracket products

“Our very own technical reduces costs for both contractors and you may residents. As well as the friendly solution we’re known for are an inhale away from oxygen for everybody,” told you Granado.

CommonBond consistently reaches an enthusiastic 80+ online promoter rating (NPS) certainly the people, which puts CommonBond one of many world’s ideal service labels. Very early residential solar power customers are large promoters of one’s brand name and possess emphasized trick size of the new CommonBond offering, as well as “high rate”, “excellent services”, “easy to work at”, and you may “reliable”.