PACE Loan
Ownership
You own the system – you finance the system via an additional assessment to your property tax bill
$0 down
No out-of-pocket expense or investment
Term
Up to 20 years
Security
A property tax lien against your building (will require existing lender consent)
Refinance
Available at any time (prepayment penalties may apply)
Tax
Retain all tax benefits (including investment tax credit and depreciation)