Capital From PACE

Get Capital From PACE For Your Loan

CPACE stands for Commercial Property Assessed Clean Energy. This capital source provides real estate property owners and developers with a modern tool to your finance construction projects. The best part is that you can secure this loan for both new construction and existing buildings. 

With such a funding from a private capital source, this model still follows funding methods used by other funding sources for infrastructure and public benefits.

 Pros and Cons of Capital From PACE

There are pros and cons related to securing capital from PACE. Be sure to consider the source of capital carefully.

Pros

  • It is possible for you to fund any upgrades to your residential or business property.

  • This capital loan offers lower as well as fixed interest rates

  • The approval of the PACE loan is not dependent on your credit score

 Cons

  • The selling process may be lengthy and complicated

  • Defaulting on this loan may put you at risk of foreclosure

  • You will be locked in for long-term ranging from 5 to 30 years.