Nyc , /PRNewswire/ — CommonBond, a pioneering Fintech providers, declares today the latest launch of their the Solar resource organization

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Giving sensible funding alternatives for the installation of solar panel systems, the company is actually providing significantly more residents to save cash on their monthly energy bill and reduce the carbon dioxide footprint.

Most popular because of its Scholar financing team, CommonBond circulated the Solar financial support business inside the “covert setting” inside Q3 2021 that’s currently toward speed to complete $1 mil out-of Solar originations during the 2022.

“We’ve oriented most useful-in-category lending technical which enables price, ease, and you may coupons getting customers during the multiple tool classes,” said David Klein , Chief executive officer & Co-Maker off CommonBond. “All of our objective is without question to provide the consumers having classified products which satisfy the evolving financials requires, and you can Solar power is all of our second large equipment at scale.”

• 77% of the consumers possess property or decide to buy one in this three years of refinancing the education loan to the business
• Their extensible lending technology allows rapid device invention so you can meet up with the growing need of their consumers and also to complete unmet means in the industry
• Brand new impression away from Solar – and you may ESG far more broadly – is consistent with CommonBond’s purpose to simply help users and possess broad feeling. With its earliest full season away from Solar power originations, CommonBond needs to reduce the necessity for the burning out of one hundred mil weight of coal

“Home-based roof solar age bracket is amongst the top ways to minimize your carbon footprint, but adoption might have been much slower than it ought to be,” said Robb Granado , Chairman off CommonBond. “We believe you to definitely costs and you can feeling are a couple of big obstacles to domestic solar adoptionmonBond has built a separate number of possibilities to own Solar Installers and you may Home owners to handle those people barriers.”

Discover three straight ways solar power installers work with CommonBond to boost transformation speed and you will send finest in class service on their users:

1. API-established section away from business integrations getting a totally included conversion and resource sense
2. Net and you may app-mainly based area out-of sales websites to possess installers so you’re able to easily and quickly supply CommonBond capital choice
3. Integrations with leading solar power offer generation products

“The technology reduces charges for both installers and you can people. In addition to friendly provider we have been noted for are an inhale away from oxygen for all,” said Granado.

CommonBond regularly reaches an 80+ online supporter get (NPS) among the users, which puts CommonBond one of the world’s most readily useful provider labels. Very early home-based solar customers are huge marketers of your brand name and keeps highlighted secret dimensions of the new CommonBond giving, along with “higher speed”, “advanced services”, “easy to work with”, and you will “reliable”.