New york , /PRNewswire/ — CommonBond, a pioneering Fintech providers, declares today the latest discharge of the new Solar power capital company
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Giving sensible investment options for installing solar panels, the firm try providing so much more people to save cash to their monthly stamina bill and relieve its carbon impact.
Best-known for its Student financing company, CommonBond circulated its Solar power money company inside the “covert form” when you look at the Q3 2021 which will be currently to your speed to do $step one mil out of Solar power originations inside the 2022.
“There is based best-in-category lending technical which enables speed, simplicity, and you may savings to own consumers into the multiple device kinds,” told you David Klein , President & Co-Maker regarding CommonBond. “Our mission has been to include our very own customers which have differentiated products which see the changing financials need, and you may Solar was our very own 2nd big equipment from the size.”
- 77% of its users features a property otherwise propose to get one inside 36 months out of refinancing its education loan into providers
- The company’s extensible credit tech enables fast unit creativity so you’re able to meet with the evolving demands of its customers and to fill unmet means in the business
- The new feeling off Solar – and you may ESG much more broadly – is in line with CommonBond’s mission to assist users and then have wide feeling. With its first complete year from Solar originations, CommonBond anticipates to attenuate the necessity for the brand new burning from one hundred billion lbs out-of coal
“Home-based roof solar age bracket is one of the most readily useful ways to reduce the carbon impact, however, adoption might have been more sluggish than just it needs to be,” told you Robb Granado missouripaydayloan.net payday loans Freeman , President out-of CommonBond. “We feel you to cost and you will awareness are a couple of major obstacles to help you residential solar adoptionmonBond has generated a different sort of set of capabilities for Solar Contractors and you can Residents to address those people barriers.”
There are three straight ways solar power installers work on CommonBond to improve sales acceleration and deliver best in classification provider on the people:
- API-based part out-of purchases integrations for a totally integrated sales and you may funding sense
- Web and app-based section off business websites for contractors to help you easily and quickly supply CommonBond money alternatives
- Integrations with top solar proposition generation systems
“Our very own technology reduces charges for both installers and people. As well as the friendly service we’re known for was a breath from clean air for everyone,” told you Granado.
CommonBond routinely hits a keen 80+ internet promoter rating (NPS) one of their people, which leaves CommonBond one of many world’s better provider labels. Early domestic solar power customers are large marketers of one’s brand name and possess highlighted trick size of the latest CommonBond giving, along with “high rate”, “advanced provider”, “simple to work with”, and you may “reliable”.