CCEF Commercial Products

Clean Conversion Loan

CCEF’s Clean Conversion Loan product is a statewide, long-term loan program designed to fill finance gaps for new construction or existing buildings implementing clean energy, energy efficiency or electrification upgrades and to serve as a cost-effective and flexible alternative to C-PACE. Click here to view and download this loan product flyer.

Amount
Up to $1,000,000

Terms
Up to 15 years, evaluated on a project-specific basis

Repayment
Monthly principal + interest payments No prepayment penalties

Rates
Fixed, below market
Dependent on risk rating

Security
Secured by subordinate lien on property

Speed
Access to funding within 30 days of application submission

Eligible Borrowers
Owners of commercial, industrial, agricultural, multi-family, and community buildings, including those owned by tax-exempt organizations.

Fees
Origination fees are 2% of total project cost, paid one time at loan closing.

Ready to apply?