Ny , /PRNewswire/ — CommonBond, a pioneering Fintech company, declares today new discharge of the the Solar resource company

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By giving affordable money choices for the installation of solar power systems, the organization is actually providing far more home owners to save cash on the month-to-month strength costs and reduce the carbon dioxide footprint.

Best known for the College student financing providers, CommonBond revealed its Solar power funding company during the «covert form» from inside the Q3 2021 which will be already on rate to do $1 mil of Solar power originations for the 2022.

«We have situated top-in-classification credit tech which enables speed, simplicity, and you will savings for users in the several unit classes,» said David Klein , Ceo & Co-Founder off CommonBond. «Our very own purpose has long been to add our customers which have classified products which satisfy their evolving financials requires, and you will Solar is the next larger equipment at size.»

  • 77% of their users enjoys a home otherwise propose to acquire one within this three years from refinancing their education loan on the team
  • The company’s extensible financing technology allows fast equipment innovation so you’re able to meet with the evolving requires of the users and fill unmet need in the market
  • The newest impression away from Solar power – and you will ESG a great deal more broadly – was in line with CommonBond’s mission to aid users and get greater feeling. In its earliest full seasons out of Solar originations, CommonBond anticipates to reduce the need for the fresh new burning away from a hundred payday loans online Sandersville million lbs regarding coal

«Domestic rooftop solar power age bracket is just one of the most readily useful means to reduce their carbon dioxide footprint, but use might have been more sluggish than simply it must be,» said Robb Granado , Chairman off CommonBond. «We feel you to definitely rates and you can feel are a couple of biggest barriers to domestic solar adoptionmonBond has established a special band of possibilities getting Solar power Installers and you will Home owners to address those individuals obstacles.»

You can find three straight ways solar power installers manage CommonBond to boost conversion process velocity and you can deliver best in category solution on the people:

  1. API-oriented area out of sale integrations to possess a totally provided conversion process and you will money feel
  2. Online and app-built area away from selling portals for installers to help you easily and quickly supply CommonBond investment alternatives
  3. Integrations which have top solar suggestion age group gadgets

«The technology reduces prices for each other installers and you can homeowners. Together with amicable provider the audience is recognized for was a breathing regarding outdoors for everyone,» said Granado.

CommonBond consistently achieves a keen 80+ net supporter score (NPS) one of the customers, and this sets CommonBond among the planet’s most readily useful provider brands. Very early home-based solar power customers are big promoters of one’s brand and has showcased key dimensions of the fresh CommonBond offering, together with «higher rate», «higher level provider», «easy to work on», and you may «reliable».

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