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By providing sensible investment choices for installing solar panels, the organization was enabling way more residents to save cash to their monthly fuel expenses and reduce its carbon dioxide footprint.

Most commonly known for its Student financing organization, CommonBond launched their Solar power financial support business when you look at the “covert form” for the Q3 2021 which is currently towards the pace to accomplish $1 billion of Solar originations when you look at the 2022.

“We now have created most readily useful-in-category credit technical which enables rates, convenience, and you can offers to own consumers from inside the multiple tool groups,” told you David Klein , Ceo & Co-Originator of CommonBond. “Our very own mission happens to be to add our consumers having classified products that fulfill its developing financials requires, and you will Solar is actually all of our next large equipment within measure.”

• 77% of their users enjoys a property or propose to buy one within this 36 months away from refinancing their student loan into the providers
• Their extensible credit technology allows for quick tool development to help you meet the growing requires of their people and to complete unmet needs on the market
• The latest perception away from Solar power – and you can ESG a whole lot more generally – is actually consistent with CommonBond’s goal to simply help users and then have broad impact. With its earliest complete season out of Solar power originations, CommonBond expects to minimize the necessity for brand new consuming regarding 100 billion pounds regarding coal

“Home-based rooftop solar power age bracket is amongst the best indicates to attenuate your own carbon impact, however, use has been slow than simply it ought to be,” told you Robb Granado , Chairman out of CommonBond. “We feel you to definitely costs and you can awareness are a couple of big obstacles to residential solar adoptionmonBond has generated an alternate selection of prospective getting Solar power Installers and you will Property owners to address men and women barriers.”

Discover three straight ways solar installers work on CommonBond to improve conversion acceleration and you can submit best in category service to paydayloanohio.org payday loans Middletown their people:

1. API-situated point off marketing integrations to possess a completely integrated conversion and you can financial support experience
2. Web and you may app-based point regarding marketing websites for installers so you can easily and quickly access CommonBond funding options
3. Integrations with top solar power suggestion generation devices

“Our very own technical reduces charges for each other contractors and you will residents. And also the friendly solution we have been recognized for is an air out of clean air for everyone,” told you Granado.

CommonBond regularly reaches an 80+ net promoter rating (NPS) certainly one of their consumers, and therefore leaves CommonBond one of several planet’s better services brands. Early home-based solar power clients are big promoters of brand and possess highlighted trick size of brand new CommonBond offering, plus “high price”, “expert service”, “very easy to work at”, and you can “reliable”.