Nyc , /PRNewswire/ — CommonBond, a groundbreaking Fintech team, announces now new launch of their the fresh new Solar power money organization

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Giving reasonable financing choices for installing solar panel systems, the organization is enabling even more homeowners to save money on the monthly power expenses and relieve the carbon dioxide impact.

Most widely known because of its Beginner financing business, CommonBond revealed the Solar power investment business during the “covert means” into the Q3 2021 that is already for the speed to accomplish $step one billion of Solar power originations for the 2022.

“We oriented most useful-in-class credit technical that allows rate, convenience, and you may offers getting users in multiple device classes,” said David Klein , President & Co-Inventor out-of CommonBond. “Our very own objective has long been to add our very own consumers with differentiated items that meet the growing financials needs, and Solar power was the next larger equipment from the size.”

• 77% of their consumers provides a house or want to acquire one inside 3 years regarding refinancing its education loan on business
• The https://personal-loans-lender.com/payday-loans-wy/ company’s extensible lending technology allows fast product innovation to meet with the changing means of the people and to fill unmet requires in the business
• The latest effect away from Solar – and you will ESG so much more generally – was consistent with CommonBond’s purpose to simply help customers and just have wider impact. With its very first complete year out-of Solar power originations, CommonBond wants to reduce the need for brand new consuming regarding 100 billion lbs away from coal

“Home-based rooftop solar power age group is one of the ideal means to attenuate your own carbon footprint, but use might have been slowly than it needs to be,” said Robb Granado , Chairman from CommonBond. “We believe you to definitely prices and you will good sense are a couple of biggest barriers in order to domestic solar power adoptionmonBond has built a different number of prospective to possess Solar Contractors and you may People to address men and women obstacles.”

You can find 3 ways solar contractors manage CommonBond to improve sales velocity and you may submit finest in category service on their consumers:

1. API-situated section of sales integrations for a fully provided conversion and you may money feel
2. Internet and you may app-established area out of product sales sites to own installers so you’re able to easily and quickly availability CommonBond resource choice
3. Integrations that have top solar power proposition age bracket systems

“The technology lowers prices for both installers and you may property owners. And the amicable provider we are recognized for is an air out-of fresh air for everyone,” said Granado.

CommonBond consistently hits an enthusiastic 80+ internet promoter get (NPS) certainly one of its consumers, hence places CommonBond one of many world’s better solution labels. Very early residential solar clients are big marketers of your own brand name and provides emphasized key dimensions of this new CommonBond giving, in addition to “great rates”, “advanced level provider”, “simple to run”, and you may “reliable”.