Nyc , /PRNewswire/ — CommonBond, a groundbreaking Fintech company, announces now the latest launch of its the latest Solar funding team


Nyc , /PRNewswire/ — CommonBond, a groundbreaking Fintech company, announces now the latest launch of its the latest Solar funding team

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Giving reasonable financing choices for the installation of residential solar panels, the organization are helping significantly more property owners to save cash on their monthly fuel expenses and reduce their carbon footprint.

Most commonly known because of its Student financing team, CommonBond revealed the Solar investment business from inside the “covert setting” from inside the Q3 2021 that’s already toward speed to do $step one mil from Solar originations inside the 2022.

“We have founded most readily useful-in-group credit tech which enables price, ease, and you will coupons getting users in numerous tool kinds,” told you David Klein , Ceo & Co-Founder out of CommonBond. “The mission has become to incorporate all of our people with differentiated products that satisfy their changing financials need, and you will Solar power was our very own 2nd big tool at the scale.”

  • 77% of its customers possess a home or plan to acquire one within 36 months out-of refinancing the student loan into providers
  • The business’s extensible financing tech enables fast tool invention so you can meet the growing needs of its users and fill unmet demands in the industry
  • The new perception away from Solar – and you will ESG so much more generally – try in line with CommonBond’s goal to aid people as well as have wider effect. Within its earliest full 12 months of Solar originations, CommonBond expects to reduce the necessity for brand new burning out of a hundred mil lbs regarding coal

“Home-based rooftop solar power generation is among the greatest ways to minimize your own carbon dioxide footprint, but use has been slow than just it should be,” said Robb Granado , President of CommonBond. “We feel one pricing and good sense are two significant barriers so you can residential solar power adoptionmonBond has generated another type of selection of opportunities to possess Solar power Contractors and you can People to handle those barriers.”

Discover 3 ways solar contractors manage CommonBond to improve transformation velocity and you will deliver best in class solution on their customers:

  1. API-oriented section off marketing integrations to have a completely included sales and you may financial support sense
  2. Internet and you will application-established point regarding selling sites getting contractors so you’re able to easily and quickly availableness CommonBond capital solutions
  3. Integrations having top solar power proposal age group tools

“Our tech lowers prices for both installers and you can people. Together with amicable provider the audience is known for try a breath of clean air for all,” said Granado.

CommonBond routinely reaches an enthusiastic 80+ internet promoter get (NPS) one of the consumers, and this throws CommonBond among planet’s finest solution labels. Early domestic solar clients are huge promoters of your brand and have highlighted secret size of the newest see the site CommonBond providing, in addition to “higher rate”, “expert service”, “an easy task to run”, and “reliable”.


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