Financing

How‌ ‌much‌ ‌can‌ ‌we‌ ‌borrow?‌ ‌ ‌

Up‌ ‌to‌ ‌15%‌ ‌from‌ ‌the‌ ‌value‌ ‌of‌ ‌the‌ ‌property.‌ ‌

What‌ ‌is‌ ‌your‌ ‌interest‌ ‌rate?‌‌ 

‌We‌ ‌start‌ ‌at‌ ‌5.99%‌ ‌

Does‌ ‌my‌ ‌rate‌ ‌increase‌ ‌over‌ ‌time?‌‌ ‌

No‌ ‌

Who is held responsible for the loan?

As you are qualifying through your property, the loan remains under the building, meaning that if you change your current board of directors or sell the building, all the financing responsibilities remain on the parcel where the improvements were completed.

What happens if I sell the building?

If the property is sold, the financing assessment stays with the property and transfers to the new property owner since the improvements remain with the property.

Can I get my ITC or other rebates if I fund it with GPC?

Yes, we are only funding the project through our PACE program, making you open to qualify for the rebates or tax incentives for the improvements that you are completing. (Only applies for CPACE)