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By providing affordable financial support choices for the installation of solar panels, the organization was enabling a great deal more property owners to save money on the monthly stamina costs and reduce their carbon dioxide impact.
Most commonly known for the Scholar lending company, CommonBond introduced its Solar power resource business for the «covert form» from inside the Q3 2021 and that is currently towards pace accomplish $step one million out of Solar power originations in 2022.
«We’ve got founded better-in-group lending technical that enables price, ease, and you may deals for people in multiple tool kinds,» said David Klein , Ceo & Co-Originator out-of CommonBond. «The objective has long been to add our customers having classified products that fulfill their developing financials means, and Solar try the next big unit on level.»
- 77% of its people has a home otherwise propose to get one inside 3 years out-of refinancing the education loan to the providers
- The business’s extensible credit technology enables rapid device innovation so you can meet with the evolving means of the users and to complete unmet requires in the industry
- The brand new impression of Solar – and ESG far more broadly – is in keeping with CommonBond’s objective to aid users and get wide perception. Within its first complete season out-of Solar originations, CommonBond anticipates to attenuate the necessity for the brand new consuming regarding 100 mil weight out of coal
«Domestic rooftop solar power age group is just one of the finest suggests to attenuate the carbon dioxide footprint, but use might have been much slower than just it should be,» said Robb Granado , President out of CommonBond. «We believe you to prices and you may sense are two significant barriers so you’re able to domestic solar power adoptionmonBond has built an alternative set of possibilities having Solar Contractors and you can Home owners to deal with those obstacles.»
You will find three straight ways solar installers work at CommonBond to increase conversion process velocity and you may click to read COre submit finest in group solution on their consumers:
- API-depending part regarding revenue integrations having a completely integrated conversion and you may money feel
- Internet and application-built point of sale portals getting contractors so you can easily and quickly accessibility CommonBond financial support choices
- Integrations with top solar power suggestion age group equipment
«All of our tech lowers charges for one another installers and you will people. As well as the friendly provider we have been known for is an inhale from fresh air for all,» told you Granado.
CommonBond consistently hits a keen 80+ online supporter rating (NPS) certainly one of their people, hence throws CommonBond one of many earth’s best provider brands. Very early home-based solar power customers are large marketers of your own brand name and keeps emphasized secret dimensions of new CommonBond giving, along with «high speed», «expert provider», «an easy task to focus on», and you will «reliable».