Finance Product Details
Structured Finance Commercial PACE Capital
Lender: Structured Finance Commercial PACE Capital
Verified by Lender on: 6/27/2017
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Financing Type
Financing & Payment Information
Rate (APR):
Market Rate
Term (years):
years
Minimum Amount:
$0
Maximum Amount:
N/A
Fees:
One-time fees, Ongoing fees
Down Pmt. Required:
No
Re-pmt. Method:
Unknown
Pmt Frequency:
Pre-pmt Penalty:
No
Allowable Projects
Other Program Requirements
Financing Approval Time
Equity in Property Needed
No
Other Variations of this product
Structured Finance Commercial PACE Capital
Property Types | ||
Sponsor | California Municipal Finance Authority (CMFA) | CA Statewide Communities Development Authority (CSCDA) |
Financing Type | Property Assessment | Property Assessment |
Term (years) | 5, 6 - 10 year(s), 11 - 15 year(s), 16 - 20 year(s), 21 - 25 year(s) year(s) | 5, 6 - 10 year(s), 11 - 15 year(s), 16 - 20 year(s), 21 - 25 year(s) year(s) |
Rate (APR) | 5.4% - 6.25% | 5.4% - 6.25% |
Min. Amount | $500,000 | $500,000 |
Max. Amount | 25 % of property value | 25 % of property value |
One-time Fees | 2 % - 3.75 % | 2 % - 3.75 % |
Ongoing Fees | $100 | $100 |
Description | Structured Finance Commercial PACE Capital offers commercial property owners in participating communities financing for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of 5-25 years. Structured Finance Commercial PACE Capital is a public/private financing program with California Municipal Finance Authority (CMFA), Structured Finance Associates and your city or county. | Structured Finance Commercial PACE Capital offers commercial property owners in participating communities financing for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of 5-25 years. Structured Finance Commercial PACE Capital is a public/private financing program with CA Statewide Communities Development Authority (CSCDA), Structured Finance Associates and your city or county. |