New york , /PRNewswire/ — CommonBond, a pioneering Fintech team, declares today the fresh new discharge of its brand new Solar power funding company

New york , /PRNewswire/ — CommonBond, a pioneering Fintech team, declares today the fresh new discharge of its brand new Solar power funding company

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Giving reasonable funding options for the installation of solar power systems, the company try helping much more homeowners to save cash to their monthly power bill and relieve their carbon dioxide footprint.

Best-known for the College student credit providers, CommonBond introduced the Solar personal loans online Arizona power money providers for the “stealth form” during the Q3 2021 and is currently toward rate to-do $step one million from Solar power originations within the 2022.

“We’ve got depending ideal-in-category lending tech enabling rates, convenience, and you may savings to own consumers inside multiple unit categories,” told you David Klein , Ceo & Co-Creator of CommonBond. “The purpose is definitely to incorporate all of our consumers that have differentiated products that see their evolving financials demands, and you will Solar was the 2nd large device in the scale.”

  • 77% of its people has actually a home or plan to get one within three years from refinancing their education loan towards the organization
  • The company’s extensible financing technical enables fast product invention so you’re able to meet up with the changing need of its customers in order to complete unmet demands on the market
  • The impression of Solar power – and you may ESG a whole lot more broadly – was in keeping with CommonBond’s mission to simply help customers and possess greater impact. Within the basic complete seasons from Solar power originations, CommonBond wants to minimize the necessity for the brand new burning off one hundred billion weight from coal

“Residential roof solar power generation is amongst the finest suggests to reduce their carbon impact, but use might have been slower than it must be,” told you Robb Granado , Chairman regarding CommonBond. “We feel one costs and sense are a couple of biggest obstacles to domestic solar adoptionmonBond has generated a different sort of selection of opportunities for Solar power Contractors and you can Residents to address men and women obstacles.”

There are three straight ways solar contractors work on CommonBond to increase conversion process velocity and you can submit finest in group solution on their customers:

  1. API-depending part off deals integrations for a totally included transformation and you can resource experience
  2. Websites and you can software-created point of business websites to possess contractors so you can easily and quickly availableness CommonBond resource solutions
  3. Integrations that have leading solar power offer age bracket tools

“Our technology lowers charges for each other contractors and you may homeowners. And the friendly solution our company is noted for is an air from fresh air for all,” told you Granado.

CommonBond regularly reaches an 80+ websites supporter rating (NPS) one of the people, and therefore puts CommonBond one of several world’s most useful provider labels. Early home-based solar clients are big marketers of your own brand and features emphasized secret dimensions of this new CommonBond giving, also “great rate”, “higher level provider”, “very easy to work at”, and you can “reliable”.

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