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By giving affordable investment alternatives for the installation of residential solar panels, the company was permitting significantly more property owners to save cash to their monthly power statement and relieve its carbon dioxide footprint.

Most popular because of its Beginner financing company, CommonBond launched the Solar power resource business for the “stealth setting” in Q3 2021 and that is currently to the rate to do $step one billion out of Solar originations in 2022.

“We’ve based best-in-class financing technology that allows rate, simplicity, and coupons having users into the several equipment kinds,” said David Klein , Ceo & Co-Originator from CommonBond. “Our objective has always been to provide the people having differentiated products that fulfill their growing financials needs, and you can Solar is the next larger equipment during the level.”

• 77% of their customers enjoys property or propose to buy one within three-years out of refinancing its student loan towards team
• The company’s extensible financing tech makes it possible for fast product creativity so you can meet up with the evolving means of their consumers and to fill unmet means in the market
• New impact from Solar power – and you can ESG more generally – is actually in keeping with CommonBond’s objective to aid customers as well as have wider perception. In earliest full seasons regarding Solar power originations, CommonBond anticipates to attenuate the necessity for the fresh new burning away from one hundred mil weight regarding coal

“Domestic rooftop solar power age bracket is amongst the better ways to attenuate your own carbon dioxide impact, however, use could have been slow than it needs to be,” said Robb Granado , President out-of CommonBond. “We think one to pricing and you may good sense are two big barriers in order to residential solar power adoptionmonBond has established a different sort of band of prospective to possess Solar power Installers and you can Home owners to handle those individuals obstacles.”

There are three straight ways solar installers run CommonBond to increase conversion process speed and you can deliver best in group provider on the users:

1. API-established part out-of revenue integrations to have a completely included conversion and financial support sense
2. Websites and you can application-situated part from income websites having installers to help you quickly and easily availableness CommonBond financing choices
3. Integrations which have best solar proposal generation gadgets

“Our technical reduces charges for one another installers and you will homeowners. And also the amicable provider we’re recognized for is actually an air out-of outdoors for all,” told you Granado.

CommonBond routinely hits an enthusiastic 80+ internet promoter get (NPS) certainly one of their customers, hence leaves CommonBond among the earth’s best services labels. Very early residential solar customers are big promoters of brand name and enjoys showcased secret proportions of brand new CommonBond offering, in addition to “great rate”, “advanced level provider”, “very easy to focus on”, and you may “reliable”.