How to set up CommonBond finance integration

OpenSolar has partnered with CommonBond so you can sell their loan products directly within your OpenSolar proposal. 

About CommonBond

CommonBond, a leading financial technology company, is committed to removing the barriers to widespread adoption of residential solar by lowering costs and improving the process of solar financing. We offer flexible, affordable financing options and an easy-to-use platform all backed by our friendly, personalized U.S. based customer service.

How we do it

• Streamline your sales process with one touch approvals (for qualified customers) and simplified closings (one signature)
• Meet homeowner goals with loan amounts available up to $125K and flexible loan terms available
• Utilize tax advantages from day one to lower monthly loan payments–and homeowners can reamortize at any time without penalties
• Save on total costs with APRs as low as 1.99%

How we support you

• Most competitive pricing in the industry for solar installers
• Dedicated operations team to make your sales, operations, and finance teams' lives easier

About the CommonBond integration on OpenSolar

CommonBond financing through OpenSolar is very fast and streamlined. Once you’ve built your project on OpenSolar, click the “Apply Now!” button and the credit application will pre-populate. Your homeowner can complete the application and have a credit decision in under a minute.

Some of the benefits of this integration include:

• Allows your customers to prequalify and apply for a loan from OpenSolar's online proposal, with no need to jump to other windows or applications
• Presentation of loan products in CommonBond approved language
• Eliminates the need for manual data entry into the CommonBond Portal
• Eliminates the need to manually manage your CommonBond products in OpenSolar

How to get set up with CommonBond on OpenSolar:

Not currently a CommonBond Partner?  First thing you’ll need to do is get approved for their program.  Send us a note at commonbond@opensolar.com and include your name, role, company name, company HQ (city and state), number of installed projects/month, and contact information (email and phone number) or if you’re ready to jump in and apply for the CommonBond program, you can fill out the application here.

Already a CommonBond Partner? We'll just need to integrate CommonBond financing into your OpenSolar account. To get this process started, send us a note at commonbond@opensolar.com and include the following information:

Name:

Role:

Company:

Company HQ (city and state):

Phone:

Email:

Once we have received your CommonBond integration request, we’ll activate the integration within one business day, and notify you. 

As a reminder, there are no additional fees to use the CommonBond Integration on OpenSolar.