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Nyc , /PRNewswire/ — CommonBond, a pioneering Fintech company, announces today new launch of their brand new Solar resource business

Nyc , /PRNewswire/ — CommonBond, a pioneering Fintech company, announces today new launch of their brand new Solar resource business

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By giving affordable money options for the installation of solar energy panels, the firm was permitting alot more people to save cash on their monthly stamina statement and relieve the carbon dioxide footprint.

Most widely known for the Scholar credit providers, CommonBond circulated the Solar financial support company from inside the “covert means” when you look at the Q3 2021 that’s currently toward pace to accomplish $step 1 mil regarding Solar power originations inside 2022.

“We have established finest-in-category financing technical that enables price, ease, and you can coupons to possess consumers for the multiple tool categories,” said David Klein , President & Co-Creator out-of CommonBond. “Our goal has always been to provide all of our users that have classified products which satisfy their developing financials requires, and you may Solar try all of our next huge unit in the measure.”

  • 77% of the customers provides a property or plan to buy one inside 3 years regarding refinancing their student loan to the team
  • The business’s extensible financing technology makes it possible for fast product invention so you’re able to meet the changing needs of the customers in order to complete unmet means in the market
  • The latest impact out-of Solar power – and you can ESG way more broadly – is in keeping with CommonBond’s goal to help customers and have now broad impact. Within its earliest full year out of Solar originations, CommonBond needs to minimize the need for new consuming regarding 100 million pounds out of coal

“Domestic roof solar age bracket is just one of the best ways to minimize the carbon no credit check payday loan in Mandeville dioxide footprint, however, adoption could have been slower than simply it needs to be,” said Robb Granado , President from CommonBond. “We think one to cost and awareness are two biggest barriers in order to residential solar power adoptionmonBond has established a special band of opportunities to have Solar Installers and Property owners to handle men and women obstacles.”

You can find three ways solar power contractors manage CommonBond to improve sales velocity and you may send best in class provider on their consumers:

  1. API-oriented area from deals integrations to own a totally integrated transformation and you may resource feel
  2. Internet and you can application-oriented area of marketing websites to have contractors to easily and quickly availability CommonBond money choice
  3. Integrations that have top solar power suggestion age bracket systems

“Our very own technology reduces charges for one another contractors and you will property owners. Additionally the amicable service we are noted for try a breathing from clean air for all,” said Granado.

CommonBond consistently hits a keen 80+ websites supporter get (NPS) one of its customers, hence leaves CommonBond among the many world’s top solution names. Early domestic solar customers are huge promoters of one’s brand and enjoys highlighted secret size of the CommonBond giving, and additionally “high speed”, “higher level services”, “simple to run”, and you can “reliable”.


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