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By providing affordable investment choices for the installation of solar power panels, the company are providing so much more residents to save cash on the month-to-month power costs and relieve their carbon dioxide footprint.
Most popular for the Scholar lending team, CommonBond revealed its Solar investment company when you look at the «covert mode» within the Q3 2021 which will be already towards speed to-do $step one million of Solar power originations within the 2022.
«We paydayloanohio.org payday loans Jackson have founded top-in-classification lending technical enabling rates, convenience, and you may savings getting consumers within the numerous tool kinds,» said David Klein , Chief executive officer & Co-Inventor out-of CommonBond. «All of our goal has become to incorporate our users that have classified items that meet its developing financials needs, and you can Solar power was all of our next huge equipment during the size.»
- 77% of their consumers has actually property or intend to acquire one within three years out of refinancing its student loan towards organization
- The company’s extensible credit tech enables fast unit creativity to help you meet the evolving need of its users and fill unmet requires on the market
- The fresh effect out-of Solar – and you can ESG alot more broadly – are in keeping with CommonBond’s objective to help users and have greater feeling. Within its first complete seasons regarding Solar originations, CommonBond anticipates to attenuate the necessity for brand new consuming out-of a hundred billion pounds off coal
«Domestic rooftop solar generation is amongst the ideal indicates to minimize your carbon dioxide impact, however, adoption has been slowly than simply it ought to be,» said Robb Granado , President out-of CommonBond. «We believe one to costs and you may awareness are a couple of major barriers so you can residential solar adoptionmonBond has generated a special band of opportunities to have Solar power Contractors and you may Homeowners to handle those individuals obstacles.»
There are 3 ways solar power installers work on CommonBond to improve transformation speed and you can submit best in classification provider to their customers:
- API-built point away from sale integrations for a completely incorporated conversion process and resource sense
- Web and application-founded area from marketing websites for installers so you’re able to easily and quickly availability CommonBond resource solutions
- Integrations that have top solar proposition generation systems
«The technology lowers charges for both contractors and you can home owners. In addition to friendly provider we have been known for was a breathing out-of fresh air for everybody,» told you Granado.
CommonBond routinely hits an enthusiastic 80+ online promoter rating (NPS) one of their people, and that throws CommonBond one of the planet’s most useful provider names. Early home-based solar clients are huge promoters of the brand and enjoys highlighted key proportions of brand new CommonBond offering, along with «high price», «sophisticated solution», «simple to run», and you can «reliable».