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By giving affordable resource alternatives for installing solar power panels, the business try helping so much more homeowners to save money on the month-to-month electricity costs and reduce the carbon dioxide footprint.
Most commonly known for the Student lending organization, CommonBond introduced their Solar power money organization during the “stealth setting” within the Q3 2021 which will be currently on the speed to accomplish $1 mil out of Solar power originations during the 2022.
“We have depending most useful-in-category lending tech which enables rate, ease, and you may savings for customers into the several device classes,” said David Klein , President & Co-Founder of CommonBond. “All of our goal is definitely to provide all of our consumers that have differentiated products which fulfill their evolving financials means, and you can Solar power are all of our 2nd big unit from the measure.”
- 77% of the people enjoys a home or plan to get one in this three years out of refinancing its education loan towards providers
- The business’s extensible lending technical allows for rapid unit invention so you’re able to meet up with the evolving requires of the people also to fill unmet demands on the market
- The feeling out of Solar power – and you may ESG a lot more generally – was in keeping with CommonBond’s mission to simply help consumers and get large perception. In first full 12 months regarding Solar originations, CommonBond anticipates to attenuate the need for brand new burning of one hundred mil weight out-of coal
“Domestic roof solar age group is amongst the finest means to attenuate their carbon footprint, but use might have been slow than it should be,” told you Robb Granado , President of CommonBond. “We believe one to rates and you will good sense are a couple of biggest obstacles to residential solar adoptionmonBond has built an alternative set of capabilities having Solar Contractors and you can Homeowners to handle those individuals obstacles.”
You’ll find 3 ways solar installers work with CommonBond to improve conversion process acceleration and deliver best in classification provider on their customers:
- API-depending section of business integrations to possess a fully provided sales and you may investment sense
- Online and you may application-founded section off marketing websites getting installers so you’re able to easily and quickly access CommonBond financing choice
- Integrations with leading solar proposal age group devices
“All of our tech lowers costs for one another contractors and you can people. And also the amicable provider our company is recognized for was an inhale off oxygen for everybody,” said Granado.
CommonBond routinely achieves a keen 80+ web promoter get (NPS) certainly one of its people, and this throws CommonBond one of several world’s most useful solution labels. Very early home-based solar clients are big marketers of the brand name and has actually highlighted secret size of the fresh new CommonBond offering, also “high rate”, “advanced level services”, “an easy task to work with”, and you may “reliable”.