Nyc , /PRNewswire/ — CommonBond, a groundbreaking Fintech business, declares now the brand new release of its the latest Solar power financial support providers

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By providing affordable financial support options for the installation of solar power panels, the company is actually providing much more homeowners to save money on their month-to-month fuel expenses and relieve their carbon dioxide impact.

Most popular for its College student lending business, CommonBond revealed its Solar power money organization in “covert function” inside the Q3 2021 that is currently on the speed to complete $step 1 mil off Solar power originations within the 2022.

“We mainly based better-in-class credit technical which enables rate, ease, and you will coupons having users into the numerous unit categories,” told you David Klein , President & Co-Maker of CommonBond. “All of our purpose has been to incorporate our users with differentiated products that see the evolving financials demands, and you will Solar try all of our second larger unit during the measure.”

• 77% of the consumers features a property otherwise decide to acquire one in this 36 months out-of refinancing their education loan on the company
• The company’s extensible credit technical allows quick unit creativity to https://missouripaydayloan.net/cities/arcadia/ help you meet with the growing means of their people and also to complete unmet requires in the business
• The latest perception away from Solar power – and you will ESG far more generally – are in keeping with CommonBond’s goal to help consumers and have wider perception. In its very first full season regarding Solar originations, CommonBond needs to attenuate the need for the latest burning off one hundred million pounds from coal

“Home-based roof solar power age bracket is just one of the most useful means to attenuate their carbon dioxide impact, but adoption has been slower than it should be,” said Robb Granado , President out of CommonBond. “We believe that costs and you will awareness are two biggest barriers so you’re able to home-based solar power adoptionmonBond has generated a different sort of band of possibilities having Solar Installers and you can Home owners to address those obstacles.”

You’ll find three straight ways solar power contractors work with CommonBond to improve conversion process speed and you can submit best in category provider on the people:

1. API-mainly based part out-of profit integrations getting a fully incorporated conversion and you can money feel
2. Net and software-oriented point out-of profit portals to own contractors to help you easily and quickly access CommonBond resource possibilities
3. Integrations having top solar power proposition age group units

“The technical reduces charges for one another installers and you will people. As well as the friendly solution we are noted for is an inhale regarding outdoors for everyone,” told you Granado.

CommonBond routinely achieves an 80+ websites supporter score (NPS) among its people, which places CommonBond one of several planet’s best services names. Early domestic solar clients are huge marketers of the brand and has actually emphasized key proportions of this new CommonBond providing, and “great price”, “sophisticated services”, “easy to focus on”, and you may “reliable”.