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Ny , /PRNewswire/ — CommonBond, a pioneering Fintech business, announces now the new release of its the fresh new Solar power investment company

Ny , /PRNewswire/ — CommonBond, a pioneering Fintech business, announces now the new release of its the fresh new Solar power investment company

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By providing reasonable funding options for the installation of residential solar panels, the company try permitting a great deal more homeowners to save cash to their month-to-month fuel bill and reduce their carbon dioxide footprint.

Most commonly known for the Student financing organization, CommonBond revealed their Solar power financing company in “covert form” in the Q3 2021 that is currently into speed to-do $step one million out-of Solar power originations into the 2022.

“We’ve got built best-in-class lending tech which allows rates, convenience, and you will deals to have customers during the numerous equipment categories,” told you David Klein , Ceo & Co-Creator regarding CommonBond. “All of our purpose has long been to incorporate our very own consumers having classified items that meet their changing financials demands, and you will Solar power are our 2nd big product from the level.”

  • 77% of their customers has actually a home or propose to acquire one within this 36 months regarding refinancing their education loan into team
  • The company’s extensible credit tech allows for quick tool innovation so you can meet the developing needs of its users and fill unmet means in the industry
  • The newest effect out-of Solar power – and ESG way more generally – is in keeping with CommonBond’s objective to help consumers and also large impact. In first full 12 months from Solar originations, CommonBond wants to attenuate the necessity for the https://loansexpress.org/personal-loans-ut/ fresh burning out of a hundred million lbs regarding coal

“Domestic roof solar power age bracket is among the most useful means to reduce your carbon impact, however, adoption could have been more sluggish than simply it needs to be,” said Robb Granado , Chairman regarding CommonBond. “We feel that cost and feel are a couple of major barriers to home-based solar power adoptionmonBond has built yet another band of opportunities to possess Solar Contractors and you will Property owners to address people barriers.”

You’ll find three ways solar contractors work with CommonBond to improve conversion process acceleration and you can deliver best in class services on the customers:

  1. API-built part of profit integrations for a completely provided conversion process and you will money feel
  2. Net and you will app-established point off income websites getting installers so you can quickly and easily availableness CommonBond capital solutions
  3. Integrations which have leading solar power offer age bracket equipment

“Our technical lowers charges for each other installers and you may people. And also the friendly service we are noted for is actually an air regarding clean air for everybody,” said Granado.

CommonBond consistently achieves an enthusiastic 80+ online supporter rating (NPS) certainly its people, and that leaves CommonBond among planet’s greatest provider names. Early domestic solar power clients are large promoters of one’s brand name and provides highlighted trick dimensions of the fresh new CommonBond giving, plus “high rate”, “sophisticated services”, “very easy to work with”, and you may “reliable”.

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