Capital Provider Benefits
The VPA C-PACE Program is an “open market” that encourages the participation of a wide variety of capital providers that meet minimum program requirements. There are many reasons to become an approved C-PACE Capital Provider or to add C-PACE to your existing repertoire of financial products.
Benefits
- New Lending Product – a new, low-cost way to help customers fund needed capital improvements or construct a new building.
- Helps contractors – a financing tool to helps them sell more energy efficiency, renewable energy, water conservation, resilient, and stormwater management projects.
- Mitigate risk – an opportunity to fund retrofit investments that increase cash flow and property value, reduce operating expenses, and attract and retain tenants.
- Ease of use – consistent legal structure, uniform program guidelines and standards, and a single point of contact through VPA, the Program Administrator.
- Advocate – a vehicle for marketing your institution as an environmental advocate.
For more information, download the What is C-PACE? For Lenders document from the Flyers and Presentations page.