The Commercial Property Assessed Clean Energy (C-PACE) program helps commercial real estate owners make energy efficient, water conservation and renewable energy improvements to their buildings. C-PACE financing from Live Oak Bank offers 100% financing and long-term repayment options for eligible existing and new construction commercial real estate projects.
As the commercial property owner, making your building more energy-efficient helps cut down on utility bills and lessen your environmental footprint. But the cost to make these upgrades can be high. C-PACE financing makes it possible to implement these energy efficiency upgrades through long-term financing with low rates. You make payments via an assessment on your property tax bill.