If you’ve completed a major energy or resilience upgrade in the past three years, you may be able to refinance the project using the Garden State C-PACE Program to pay down more expensive debt or to replenish your available capital for future projects.
According to the Guidelines:
Construction of the improvements included in the proposed Retroactive Financing Project must not be completed or must have been completed within the three-year (36 month) period immediately preceding the date of submission of the Project Application for the proposed Retroactive Financing Project.
This could be most useful if you used higher-priced debt to finance the improvements, or simply want to raise more capital that is neither equity nor debt.
If you are currently doing major upgrades or have recently completed them, call us at 908-581-8418.