Browse Our FAQ

How PACE Financing Works
PACE-Eligible Improvements
When to use PACE
Financing Parameters
PACE in the Capital Stack
How PACE Programs Work
Understand C-PACE vs. R-PACE
Accounting Treatment
Payments & Disbursements
Lender Questions

Financing Parameters

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Project Size:

$150,000 – $50 million

 

Terms

20-30 years, fixed-rate, with no guarantees or covenants required

 

Property Types

All commercial property types including office, retail, industrial, warehouse, manufacturing, multi-family, mixed-use, healthcare, hotels, and for-profit and non-profit schools. Click Here to explore representative case studies

 

Eligible Improvements

Improvement measures eligible in PACE Program jurisdictions. Click Here for a robust list of eligible improvements

 

Lien-to-Value

Proceeds from CleanFund cannot exceed more than 20% of the property value

 

Approvals

CleanFund facilitates mortgage lender consent and manages the program approval process

 

Geography

Property located in a municipality with an active PACE program. Click Here to search any address to find out if PACE is available for your commercial property

From Our Resource Center


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Solar financing designed with features and flexibility to meet the demands of commercial property owners. Immediate positive cash flow with 30 year terms

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PACEPartner

Easily provide a PACE financing option to your clients with customized PACE tools & resources, online quote tool and project management platform

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PACEPartner

Easily provide a PACE financing option to your clients with customized PACE tools & resources, online quote tool and project management platform

Learn More

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