Ny , /PRNewswire/ — CommonBond, a pioneering Fintech organization, announces today the brand new discharge of its the newest Solar investment providers
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Giving affordable funding alternatives for installing solar energy panels, the company try permitting significantly more homeowners to save cash on the monthly energy bill and relieve the carbon dioxide impact.
Most commonly known for its College student lending team, CommonBond launched the Solar power financing company within the “covert form” inside the bad credit payday loan Cumberland MD Q3 2021 in fact it is already to the pace to accomplish $1 mil of Solar power originations within the 2022.
“We’ve got oriented better-in-classification financing tech that allows price, simplicity, and deals to possess consumers when you look at the numerous tool categories,” told you David Klein , Chief executive officer & Co-Maker off CommonBond. “All of our mission has always been to include our very own users having differentiated products which meet the changing financials demands, and you may Solar power is the 2nd larger device during the size.”
- 77% of the users features property or plan to buy one inside 36 months out of refinancing the student loan toward team
- The company’s extensible lending technology allows for quick equipment innovation in order to meet up with the evolving need of its users and also to complete unmet need in the market
- The brand new impression from Solar – and ESG so much more generally – is in keeping with CommonBond’s goal to help people and also wider impression. With its first full seasons off Solar power originations, CommonBond expects to minimize the need for the newest consuming away from one hundred mil pounds of coal
“Residential roof solar power age group is among the ideal suggests to minimize your own carbon dioxide impact, however, use has been slower than just it must be,” said Robb Granado , President regarding CommonBond. “We believe that costs and you will sense are a couple of significant obstacles so you can home-based solar power adoptionmonBond has built a special group of potential to have Solar Contractors and Home owners to deal with those people obstacles.”
You’ll find 3 ways solar power contractors work with CommonBond to increase conversion process velocity and you will submit best in class service on their consumers:
- API-built area out-of purchases integrations to have a completely included conversion process and you may money sense
- Internet and you can application-created point away from sale portals to own installers so you can easily and quickly availability CommonBond capital possibilities
- Integrations having best solar proposition generation devices
“All of our technology lowers charges for one another contractors and you can homeowners. While the amicable services we are noted for is a breathing from outdoors for all,” said Granado.
CommonBond routinely hits an 80+ websites supporter get (NPS) certainly its people, and therefore throws CommonBond among the world’s top solution brands. Early domestic solar power customers are larger promoters of your brand and has actually showcased key size of this new CommonBond offering, plus “great price”, “expert provider”, “easy to work on”, and “reliable”.