If you’re looking to make your business more energy-efficient, consider a PACE (short for property assessed clean energy) commercial loan with Highland Bank. It’s a smart way to finance qualifying energy-efficiency improvements, including:
- HVAC Systems
- Insulation
- LED Lighting
- Solar Panels
- Windows
- Wind Power
Unlike traditional bank financing, PACE loans are repaid through a special assessment of your business property tax bill, typically with fixed interest rates and terms up to 20 years.
Benefits of a PACE Loan:
- Up to 100% financing. You can finance energy upgrades without a large upfront investment.
- Energy savings. You can reduce your utility bills and save money.
- Increased property value. Energy-efficient properties are more attractive to buyers and often command higher resale values.
- Simple repayment terms. PACE loans let you spread out the cost of improvements over t he life of the equipment and align payments with energy savings.
