Energy Efficient Windows, Sliders, LED Lighting
Sandpiper Apartments, an 80-unit private, gated apartment community on three acres just outside of the city center, wanted to lower their utility costs, maximize rents with no capital outlay, and provide tenants a more comfortable living environment. With the flexibility of Ygrene’s property assessed clean energy (PACE) financing, Sandpiper is now targeting a 21% reduction in annual energy costs.
Smarter And Easier Than Credit-Based Financing
Now it’s easier and more affordable than ever to improve your cash flow, reduce your costs—and increase the comfort, safety and value of your commercial property. Ygrene offers 100% no money down financing for energy efficiency, renewable energy, and, in certain locations, water conservation, electric vehicle charging stations and seismic upgrades to commercial buildings.
- Retain capital with 100% financing of eligible improvements and fixed terms up to 30 years
- Fast approvals. Usually within five business days
- Defer first payment up to a year or more
- Off balance sheet, nonrecourse, property tax-based financing
- Pass through payments. Special tax payments can be passed through under most net leases
- No personal guarantees, financial statements, rent rolls or lender consent required