Los Gatos, California (October 23, 2018) – PACE Funding Group LLC, a California-based specialty finance company, announced today that it has completed a $65 million securitization of residential [...]

With new financing in place, PACE Funding Group is gearing up to complete a second securitization by the end of the year. Last week, the provider of Property Assessed Clean Energy financing [...]

LOS GATOS, Calif., Aug. 15, 2018 /PRNewswire/ — PACE Funding Group, LLC, a leading residential Property Assessed Clean Energy financing provider, announced that it closed a $55 [...]

PACE Funding only offers deferment until the next property tax payment. That can be up to 18 months, or as little as 6 months.

We’ll finance solar up to $7/W pus adders for roof repairs, service panel upgrades and/or trenching. $7W allows the installer to enjoy 40%+ gross margins.

The maximum financing amount is the LOWEST of: 15% of the property value Available equity in the property (must be at least 10% to qualify) $200,000 Bear in mind that the maximum financed amount [...]

Yes, PACE Funding has already seen this happen. PACE Funding just can’t refinance an existing PACE-financed project, nor an existing project that’s been previously financed by something else, [...]

PACE assessments cannot be longer than the life of an asset. The cities don’t want a homeowner to take out a 25-year loan for an air conditioner with a 15-year warranty. Therefore, only a few [...]