White Oak’s Commercial Property Assessed Clean Energy (C-PACE) product is a unique way to finance your energy efficiency, renewable energy, water conservation, and other improvements to commercial properties. What makes C-PACE different from a traditional loan is that users repay their project costs (over the useful life of the improvements – up to 30 years) through property assessments that are invoiced as an additional line item on your property tax bill. The C-PACE obligation is tied to the property only – There are no personal or parent company guarantees needed – and may transfer with property ownership if the buyer agrees to assume it.
White Oak partners with local governments to make C-PACE financings happen, so you can work directly with us to set PACE financing terms that meet your unique needs. With C-PACE, we can finance 100% of your project’s costs (up to 30% of your property’s appraised value), including soft costs such as engineering studies and transaction expenses. We will guide you through the process and provide efficient execution to get your project funded.
Please have a look at our representative financing terms and sample list of eligible upgrades. If you have a project you’d like us to fund, please call us or fill out our brief online application form.
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