Enflux Finance is available throughout the U.S., provides 3 to 5 year financing, and is best suited for smaller projects such as quick change-outs, or for larger projects in states where C-PACE is not enabled.
C-PACE, in contrast, provides 20+ year financing, and is best suited to larger projects, major renovations, and new construction. However, C-PACE is not available in every state.
Below is a comparison of the two programs:
Availability
Entire U.S.
Certain States
Minimum Project Size
$20,000
$250,000
Types of Projects
– Quick Change-Outs
– Planned Change-Outs
– Major Renovations
– New Construction
Project Type
Yes
Yes
No
No
Project Type
No
Yes
Yes
Yes
Credit Decision Time
<$150,000 – next day
>$150,000 – approx. 2 weeks
Varies
Owner Guaranty Required
Generally for small businesses
None
Term of Financing
Generally 3 to 5 years
20+ years
Form of Financing
Capital Lease
Property Assessment
Non-recourse Financing
No
Yes
Repayment Required with Change of Ownership
Yes
No
Available for Federal, State and Municipal Entities
No
No
Eligible Installations
– HVAC
– Control Systems
– Lighting
– Solar
– Hurricane/Wind Resiliency
– Earthquake Resiliency
– Wildfire Resiliency
Eligible Installations
Yes
Yes
Yes
No
No
No
No
Eligible Installations
Yes
Yes
Yes
Yes
Yes (CA, FL, TX)
Yes (CA, OR)
Yes (CA)
To learn more about EnFlux Finance or C-PACE please click the following links: