PACE vs. Alternatives

PACE financing is a game changer versus traditional financing options. PACE provides up to 20% LTV in addition to a mortgage (typically up to 80% LTV), effectively replacing equity investments with a loan from Petros PACE Finance.

PACE Financing Bank or Private Loan Internal Funding
Downpayment 0% Up to 20% of asset value N/A
Finance Rate Market Rates Competitive None
Term of Loan 10-30 Years 1-7 Years N/A
Debt Capacity Remains the Same Reduced Reduced
Upon Sale Lien Tied to Property Balloon Paid Off
Approval Time 15-30 Days Up to One Year N/A
Financing Fees 0-3% 1-2% N/A
Recourse to Owner None Usually N/A
Loan Acceleration None Yes N/A
Min Investment $500 000 Varies N/A
Max Investment Up to 20% of TPV Varies N/A