Since PACE funding is a relatively new financing option, you may wonder how it is different from mezzanine financing. They are similar in some ways, however there are some major differences between mezzanine financing and PACE funding. Because of this, it may make more sense to use one or the other to finance your project. […]
Choose the Right PACE Lenders
If you’re making major upgrades to your commercial building, PACE lenders may be able to help you secure low cost financing to cover the hard and soft costs of your upgrade. Property assessed clean energy (PACE) financing is a type of low cost, non-recourse financing that you pay back as an assessment on your property […]
What do PACE Lenders Need to Provide CPACE Funding?
Property Assessed Clean Energy (PACE) financing is an attractive but underutilized option for many commercial property owners. If you’re considering using PACE to fund projects for your property, it’s important to understand what your PACE lenders need to provide funding for this unique loan option. In this article, we will explain some of the key […]
PACE Loans for Elevator Upgrades
Is it time to upgrade your building’s elevators? If so, PACE loans may offer the perfect financing option. On average, well-maintained elevators 15 to 20 years. However, even within the last few years, elevator technology has been rising to the challenges of improved safety, reduced maintenance requirements, and increased energy efficiency. If your elevators are […]
Did you Know PACE Lenders Offer Retroactive Financing?
Stonehill PACE can help provide funding for building projects, even after you’ve completed the work! If you’ve recently made upgrades to your building or used innovative energy-efficient design and building elements on your completed construction project, talk to our PACE lenders about retroactive financing. Recently Completed a Development and Looking for Capital? Talk to our […]
Utility Costs Are Rising & PACE Funding Can Help
Overhead costs are a fact of life for your company. However, utility costs could be causing your overhead to be exceptionally high. Luckily, PACE funding offers you low-cost financing for improvements that can help save you in electricity costs. Learn more about why your utility costs are so high and how you can reduce them […]
How CPACE Financing Helps You Make Improvements
Businesses often have a list of improvements they mean to take care of, but don’t have capital available to make these improvements. Luckily, CPACE financing can help your company make these changes without negatively affecting your cash flow. While many people know that they can use CPACE financing for major renovations or new construction projects, businesses […]
The Advantages to Using CPACE Financing
You may be wondering if CPACE financing is right for your company. It can be difficult to decide whether this financing solution is attainable or attractive for you. As you are weighing the options, keep in mind that there are many advantages to using PACE funding for your commercial construction or redevelopment projects. Easier Loan […]