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Finance Product Details
GreenFinanceSF
Lender: GreenFinanceSF
Product Description
GreenFinanceSF offers commercial property owners in San Francisco funding for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of up to 20 years.
Miscellaneous Information
Interest rate and fees are dependent on the lender chosen by the applicant.
Verified by Lender on: 2/17/2016
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
City and County of San Francisco Special Tax District 2009-1
Financing Type
PACE
Financing & Payment Information
Rate (APR):
Market Rate
Term (years):
5, 10, 15, 20 years
Minimum Amount:
$250,000 +
Maximum Amount:
N/A
Fees:
One-time fees, Ongoing fees
Down Pmt. Required:
No
Re-pmt. Method:
Property Taxes (PACE)
Pmt Frequency:
Annual
Pre-pmt Penalty:
Yes
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
May fund other energy projects on a case-by-case basis.
Funds other energy-related projects
PACE can finance all costs related to the development of the project. This can include program fees, audit costs, engineering,
Other Program Requirements
Financing Approval Time
Immediate
Equity in Property Needed
Yes
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