CCEF Commercial Products

Energy Project Accelerator Loan (Energy PAL)

CCEF’s Energy PAL Loan is a statewide, short-term loan program intended to fill finance gaps for small businesses and tax-exempt organizations implementing renewable energy, energy efficiency and building electrification projects. Click here to download this loan product flyer and click here to view the CCEF Energy PAL application checklist.

Amount
Up to $500,000

Terms
2-10 years

Repayment
Monthly principal + interest payments No prepayment penalties

Rates
Fixed, below market
Dependent on term

Security
Secured by UCC-1 filing in most cases

Speed
Access to funding within weeks

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?