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Giving affordable capital choices for installing solar power systems, the company try helping so much more property owners to save cash on their monthly energy statement and relieve their carbon dioxide impact.
Most commonly known for its Scholar lending team, CommonBond revealed its Solar capital company during the «covert mode» in the Q3 2021 and that is currently towards the pace to accomplish $step 1 billion from Solar power originations into the 2022.
«We now have based greatest-in-classification lending technology which allows rates, simplicity, and deals to possess users inside several equipment groups,» said David Klein , President & Co-Originator of CommonBond. «The goal happens to be to add the users which have differentiated products which satisfy its growing financials need, and you can Solar power try our very own second huge unit at the measure.»
- 77% of its customers keeps a property otherwise want to get one inside 36 months from refinancing the student loan toward organization
- The company’s extensible financing technology allows for rapid device invention to help you meet with the developing needs of their customers in order to complete unmet need in the market
- The newest effect from Solar – and you will ESG more generally – try in keeping with CommonBond’s purpose to greatly help people and just have large impact. Within the very first full 12 months out of Solar power originations, CommonBond anticipates to attenuate the necessity for this new consuming out-of 100 million lbs away from coal
«Domestic roof solar power age group is just one of the top means to attenuate your carbon footprint, however, adoption might have been much slower than it should be,» said Robb Granado , President off CommonBond. «We feel you to definitely rates and you may paydayloanohio.org payday loans Bellaire feel are two major obstacles to help you domestic solar adoptionmonBond has built another number of opportunities getting Solar power Installers and People to address the individuals barriers.»
Discover 3 ways solar power contractors work with CommonBond to boost sales velocity and you may send best in group solution to their consumers:
- API-based area of revenue integrations for a totally integrated conversion and you can resource experience
- Internet and you can software-mainly based part of profit portals getting installers in order to quickly and easily accessibility CommonBond financial support solutions
- Integrations which have leading solar proposal age group devices
«Our very own technical lowers charges for each other contractors and you will homeowners. In addition to amicable provider the audience is known for try an inhale from oxygen for everybody,» said Granado.
CommonBond consistently achieves an 80+ internet supporter rating (NPS) certainly their people, and this places CommonBond among the many world’s better services names. Early home-based solar customers are larger marketers of your brand and has highlighted trick size of the fresh CommonBond offering, and «great speed», «expert provider», «an easy task to manage», and you may «reliable».
