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By giving affordable resource choices for the installation of solar power systems, the company is helping way more residents to save money on the month-to-month strength bill and reduce their carbon dioxide footprint.
Best-known for the Pupil financing providers, CommonBond launched their Solar money business into the “covert means” when you look at the Q3 2021 that is already towards speed to-do $step 1 billion off Solar originations from inside the 2022.
“We’ve got founded ideal-in-group credit technology which allows rate, convenience, and you may coupons for people inside several device groups,” said David Klein , Chief executive officer & Co-Founder regarding CommonBond. “All of our mission is definitely to provide the people having classified items that see its developing financials needs, and Solar power are all of our 2nd huge product at level.”
- 77% of their users keeps a property or intend to buy one contained in this 36 months out of refinancing their student loan towards the providers
- The company’s extensible lending technical allows fast tool invention to help you meet with the changing requires of their customers also to complete unmet demands in the business
- This new feeling regarding Solar power – and you will ESG so much more generally – try in line with CommonBond’s purpose to aid consumers and have broad feeling. With its basic full season out of Solar originations, CommonBond needs to minimize the New Hampshire personal loans need for brand new burning of 100 mil weight from coal
“Residential rooftop solar generation is just one of the best means to attenuate your carbon dioxide impact, but use has been slower than it should be,” said Robb Granado , President out of CommonBond. “We think you to definitely cost and you may sense are two big obstacles so you’re able to home-based solar adoptionmonBond has established another gang of possibilities to possess Solar Installers and you will Residents to handle the individuals barriers.”
You can find three ways solar installers run CommonBond to boost conversion process speed and you may send best in category provider on the consumers:
- API-oriented part regarding product sales integrations getting a totally included conversion and financial support feel
- Online and you may software-established part from business websites getting installers in order to quickly and easily availableness CommonBond financial support possibilities
- Integrations that have leading solar offer age group tools
“All of our technical reduces costs for each other installers and you may property owners. Plus the amicable provider we have been noted for is an inhale off fresh air for all,” told you Granado.
CommonBond consistently hits an enthusiastic 80+ net supporter get (NPS) one of their people, and therefore places CommonBond among the many earth’s greatest services names. Early domestic solar power customers are larger marketers of one’s brand name and keeps showcased key dimensions of this new CommonBond providing, in addition to “great price”, “advanced level provider”, “easy to work on”, and you can “reliable”.