Eligibility

How‌ ‌can‌ ‌we‌ ‌qualify‌ ‌for‌ ‌a‌ ‌PACE‌ ‌loan?‌ ‌ ‌

Eligibility‌ ‌is‌ ‌based‌ ‌on‌ ‌the‌ ‌equity‌ ‌of‌ ‌the‌ ‌property‌ ‌and‌ ‌the‌ ‌business‌ ‌LTV.‌ ‌

I don’t have good credit, can I qualify?

As you are qualifying under your property, there are no personal guarantees or credit scores reviewed. We will ask you for a list of documents from your organization to make the qualification. 

Can I qualify if I’m a non-profit?

Yes, we have been working with non-profit organizations since 2016, and have plans specially designed for organizations like yours. ‌

What‌ ‌documents‌ ‌do‌ ‌I‌ ‌need‌ ‌in‌ ‌order‌ ‌to‌ ‌apply?‌ ‌ ‌

Property‌ ‌tax‌ ‌bill,‌ ‌mortgage‌ ‌statement‌ ‌(if‌ ‌any),‌ ‌last‌ ‌3‌ ‌year‌ ‌financials,‌ ‌insurance‌ ‌policy,‌ ‌articles‌ ‌of‌ ‌incorporation‌ ‌or‌ ‌bylaws.‌ ‌ ‌