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Finance Product Details

Counterpointe Sustainable Real Estate
Lender: Counterpointe Sustainable Real Estate
Website: www.counterpointesre.com
Email: info@counterpointsre.com
Phone: (855) 431-4400
Product Description
CounterpointeSRE offers Property Assessed Clean Energy (PACE) financing to commercial property owners for energy efficiency, renewable energy water efficiency and seismic improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of up to 30 years. CounterpointeSRE is a public/private financing program with Counterpointe Energy Solutions, California Statewide Communities Development Authority, and your city or county.
Verified by Lender on: 7/21/2017
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
California Statewide Communities Development Authority (CSCDA)
Financing Type
PACE
Financing & Payment Information
Rate (APR):
Market Rate
Term (years):
5 years
Minimum Amount:
$10,000
Maximum Amount:
15 % of property value
Fees:
One-time fees, Ongoing fees
Down Pmt. Required:
No
Re-pmt. Method:
Property Taxes (PACE)
Pmt Frequency:
Annual
Pre-pmt Penalty:
Yes
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
Electric vehicle charging stations, process equipment and energy storage may be financed.
Funds other energy-related projects
PACE can finance all costs related to the development of the project. This can include program fees, audit costs, engineering,
Funds other non-energy projects
Seismic improvements may be funded on a case-by-case basis.
Other Program Requirements
Contractors
Must be program-approved
Financing Approval Time
Within 24 hours
Equity in Property Needed
Yes