Nyc , /PRNewswire/ — CommonBond, a pioneering Fintech business, announces now the brand new launch of their the fresh Solar power capital company

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Nyc , /PRNewswire/ — CommonBond, a pioneering Fintech business, announces now the brand new launch of their the fresh Solar power capital company

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By providing reasonable investment choices for installing solar power panels, the company are enabling significantly more property owners to save money on their month-to-month power statement and reduce their carbon impact.

Most popular because of its College student financing providers, CommonBond released the Solar resource providers when you look at the “stealth means” when you look at the Q3 2021 and is currently to payday advance loan the speed to complete $step 1 mil off Solar power originations in 2022.

“We have established greatest-in-group credit tech that allows price, simplicity, and discounts to have people when you look at the several unit groups,” said David Klein , President & Co-Creator out-of CommonBond. “Our objective happens to be to include the customers having differentiated products that meet the developing financials need, and you will Solar was our 2nd huge product from the level.”

  • 77% of the people features a house or want to acquire one contained in this three-years regarding refinancing their education loan to the company
  • The company’s extensible financing technical makes it possible for fast equipment advancement so you’re able to meet the evolving demands of their customers in order to fill unmet demands in the industry
  • The newest effect away from Solar power – and you may ESG so much more generally – are consistent with CommonBond’s goal to help users and now have broad impression. Within the very first complete season out of Solar power originations, CommonBond needs to minimize the need for brand new burning out of a hundred billion weight of coal

“Residential roof solar power age group is among the top implies to reduce the carbon dioxide footprint, however, use might have been more sluggish than just it needs to be,” told you Robb Granado , President of CommonBond. “We believe one to costs and you may feeling are two major obstacles to help you residential solar power adoptionmonBond has generated a special set of possibilities to own Solar power Contractors and People to handle those obstacles.”

You can find 3 ways solar installers focus on CommonBond to increase conversion acceleration and you may send best in class service on their users:

  1. API-situated point of profit integrations to have a totally integrated conversion and you will investment feel
  2. Net and you may app-depending point of sales sites getting installers to help you easily and quickly availableness CommonBond investment alternatives
  3. Integrations with top solar suggestion generation systems

“The technical lowers costs for each other installers and you can homeowners. Therefore the amicable solution the audience is noted for was an air out of fresh air for everyone,” said Granado.

CommonBond routinely achieves a keen 80+ online supporter get (NPS) among their people, which sets CommonBond among the many earth’s finest solution labels. Early residential solar power clients are large marketers of the brand and provides emphasized key size of the fresh new CommonBond offering, together with “high speed”, “advanced provider”, “an easy task to work on”, and “reliable”.