STANDARD C-PACE FINANCING
C-PACE has drawbacks for Lenders and Owners
Lien Priority Deters Lenders
C-PACE assessments take a senior lien position over the mortgage, meaning the C-PACE repayment is prioritized if the property goes into foreclosure. This can increase the risk for mortgage lenders and reduce their recovery in a default.
Lender Consent is a Hurdle for Owners
Mortgage lenders need to consent to the addition of a C-PACE assessment, which has historically been a challenge, but our product addresses the risks of other lenders.
No one knows what C-PACE is
There is confusion around what C-PACE is - debt or equity? In fact, it's actually taxes!
ASSESSMENT BACKED EQUITY
Taking the Best of C-PACE and Improving it
We have developed a platform that makes obtaining low-cost, flexible financing for many green improvements easy.
We have enhanced the product by utilizing the existing C-PACE infrastructure, creating a true form of equity that is flexible and friendly for senior lenders and borrowers.
1
Contact Us
During an initial call, we answer questions and determine eligibility for your project, based on your location.
2
Terms
Next, LordCap Green will issue financing terms in the form of a term sheet. After signing the term sheet, we get to work on financing your project.
3
Underwriting
LordCap Green will underwrite and close the deal in conjunction with your other lenders.
Don't worry; we handle the details!
4
Closed!
We fully fund the deal into escrow on close. We will work with the other lenders to streamline the distribution process throughout construction.
HOW TO GET STARTED
We've Designed our process around simplicity
GREEN FINANCING BENEFITS
Flexible Financing, Smart Capital
Like C-PACE, our financing allows owners to fund improvements with low-cost, long-term capital for energy efficient construction and soft costs. We improve buildings, fund green construction, and benefit the community.
But we’re unique - we have listened to the needs of lenders and banks. Our capital solution is tailored around lender controls and offers banks security where historically they have seen risk.
Our solution to traditional C-PACE is structured as equity, with all the best parts of C-PACE but with extra controls for the lender.
Extra lender security
Non-priming for Lenders
Financing starting at $1,000,000
Low-cost, with rates starting at 7%
Pre-payable at any time
Long term, up to 30 years
No Personal guarantees
Fully transferable, and non-accelerating
NATIONAL REACH, COMMUNITY FOCUSED
Where Green Financing is Available
Reach out to LordCap Green to determine eligibility in your area. LordCap Green enjoys national reach – providing robust funding opportunities across municipalities with established C-PACE Programs, with new states and cities enrolling every year. See the map below for details.
Property Types
Hospitality
Multifamily Units
(5+ units)
Senior Living
Student Housing
Office
Retail Spaces
Self-Storage
Industrial
Improvements
Energy Efficiency
Renewable Energy
Water Conservation
Resiliency
Building Upgrades
Soft Costs
Qualifying Uses
WHY US?
Experts in Capital Solutions to Fit Your Project
Trust is Important
That’s why there are never any hidden fees, no upfront deposits, and LordCap Green will walk you through every step of the process.
Our history in C-PACE and capital markets provides us with the expertise to create the highest quality financing solutions. We know the landscape, and we make sure you, your lenders, and your communities benefit from it.
