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Giving sensible capital alternatives for the installation of residential solar panels, the business was permitting a whole lot more property owners to save cash on the monthly power costs and reduce the carbon impact.
Best-known for the Pupil credit organization, CommonBond introduced their Solar power financial support providers within the “covert mode” in the Q3 2021 that will be currently into the rate accomplish $1 million from Solar power originations within the 2022.
“There is founded greatest-in-classification credit technical enabling rate, ease, and coupons getting users from inside the multiple unit kinds,” said David Klein , President & Co-Founder of CommonBond. “All of our objective has long been to include all of our users that have differentiated items that see their evolving financials requires, and Solar is actually our next huge device at the scale.”
- 77% of its users provides a property otherwise plan to get one contained in this 3 years away from refinancing its education loan towards team
- Their extensible lending technical makes it possible for fast product development so you can meet up with the growing requires of its people and also to complete unmet requires in the industry
- The fresh effect away from Solar – and you will ESG more generally – are consistent with CommonBond’s mission to simply help people and now have wide effect. Within the basic complete seasons away from Solar originations, CommonBond wants to minimize the necessity for the brand new burning of 100 billion weight off coal
“Residential rooftop solar generation is one of the best indicates to reduce your carbon footprint, however, use has been slow than it must be,” said Robb Granado , Chairman regarding CommonBond. “We think you to rates and you may feeling are two biggest barriers to residential solar adoptionmonBond has built a unique number of capabilities to own Solar Installers and you will Home owners to deal with those obstacles.”
Discover three straight ways solar installers work with CommonBond to boost conversion velocity and deliver finest in group solution on the people:
- API-based part from sales integrations getting a fully integrated conversion and financing feel
- Websites and app-based part from marketing sites getting contractors to easily and quickly access CommonBond money possibilities
- Integrations having best solar power offer age group tools
“Our technical lowers costs for each other installers and you can people. In addition to friendly services we are known for was a breath regarding clean air for everyone,” told you Granado.
CommonBond routinely achieves an enthusiastic 80+ online promoter rating (NPS) certainly their people, and this sets CommonBond one of many earth’s top services labels. Early residential solar customers are larger promoters of brand and has actually showcased trick dimensions of the latest CommonBond giving, as well as “higher price”, “excellent services”, “simple to run”, and you may “reliable”.
