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Giving reasonable financing alternatives for the installation of solar power systems, the organization are enabling much more residents to save money to their month-to-month fuel expenses and relieve the carbon dioxide footprint.
Best-known because of its Scholar credit providers, CommonBond circulated its Solar power resource organization inside « stealth mode » within the Q3 2021 and is currently for the speed to-do $step one mil out of Solar power originations within the 2022.
« We’ve got built most readily useful-in-classification credit technical enabling price, convenience, and deals for people inside the numerous device classes, » told you David Klein , President & Co-Founder off CommonBond. « The purpose has been to include our users with classified products that meet the developing financials needs, and you may Solar is the 2nd large unit at scale. »
- 77% of its users provides a house otherwise plan to buy one contained in this three-years from refinancing its student loan to the team
- The company’s extensible lending technology makes it possible for quick unit development in order to meet up with the changing needs of the people and to fill unmet demands in the market
- New impression away from Solar power – and you may ESG more generally – is actually in line with CommonBond’s mission to help consumers and then have greater perception. In earliest complete 12 months off Solar originations, CommonBond wants to attenuate the necessity for the fresh new consuming regarding a hundred million weight off coal
« Residential rooftop solar power age group is among the top ways to reduce your carbon impact, but adoption could have been reduced than simply it needs to be, » told you Robb Granado , President out-of CommonBond. « We believe that pricing and you can awareness are two significant barriers so you’re able to home-based solar Sunset Hills payday loans paydayloanmissouri.com power adoptionmonBond has built a different band of potential to have Solar power Installers and you may Property owners to deal with those barriers. »
You can find 3 ways solar power installers work at CommonBond to increase conversion velocity and you may send best in class service on the people:
- API-dependent area out of marketing integrations having a completely included sales and you may financial support feel
- Internet and you may application-mainly based area away from profit sites for contractors to help you quickly and easily access CommonBond financing solutions
- Integrations which have best solar suggestion age bracket devices
« All of our technical lowers prices for both contractors and you may people. Plus the friendly service we have been known for was a breathing away from oxygen for everybody, » told you Granado.
CommonBond regularly achieves a keen 80+ web promoter get (NPS) among their users, and that throws CommonBond among the many world’s most useful service brands. Early home-based solar power clients are large promoters of your brand name and have highlighted key dimensions of the brand new CommonBond giving, and « higher price », « expert provider », « an easy task to work with », and « reliable ».