“Greenworks’ C-PACE financing reduced the required equity, increased return on equity, and decreased overall cost of capital."
Reduces Cost of Capital
C-PACE financing significantly reduces the cost of capital and is 50% less expensive than mezzanine debt.
Fills Equity Gaps
C-PACE financing fills equity gaps in development capital stacks.
Decreases Weighted Average Cost of Capital
C-PACE financing increases ROE, bridges equity gap, and preserves equity.
Fixed rate construction through term
Cannot be accelerated (called due)
Tax assessment structure may allow pass-through on NNN leases, room surcharges
Obligation may transfer on sale or be prepaid
Works well with new market and historic tax credits
Does not work with government ownership, government ground lease, existing CMBS or SBA loans
Why Use Greenworks Lending?
Greenworks Lending is the leading provider of C-PACE financing in the country. Our founders launched and lead the first successful C-PACE program and have brought their expertise and know-how to Greenworks Lending. We offer a transparent, rapid approval process and a dedicated team ready to assists with all aspects of a C-PACE financed project who can handle all the heavy lifting.