CHICAGO—Allectrify, a leader in commercial real estate finance, announced the launch of FASTPACE.com, a new platform purpose-built to simplify and accelerate access to Commercial Property Assessed Clean Energy (C-PACE) financing nationwide.
FASTPACE is the first national platform of its kind to unify the entire C-PACE ecosystem, connecting property owners and developers to a growing network of more than 40 capital providers. FASTPACE enables both borrowers and lenders to move projects from initial screening through closing with speed and confidence.
“C-PACE financing has long held transformative potential, but the process has remained too slow and fragmented,” said Allectrify CEO Colin Bishopp, who unveiled the platform at a gathering of C-PACE program administrators in Chicago. “FASTPACE changes that. It brings speed, standardization, and efficiency to every deal so that more projects can move forward, faster.”
At the center of the experience is a digital interface that allows users to instantly verify property eligibility, generate a quick financing quote, and access tools to obtain senior lender consent—all at no cost.
Financing of Up to 100 Percent of Eligible Hard & Soft Costs
FASTPACE.com enables financing of up to 100 percent of eligible hard and soft costs, with terms up to 30 years and fixed- or adjustable-rate options. Project types include new construction, complex renovations, simple building upgrades, and recapitalization of completed work.
FASTPACE is the only C-PACE platform optimized for projects of all sizes, with a focus on serving the middle-market sector. The platform’s streamlined process enables closings in as little as 23 days—especially for projects under $10 million.
During its pilot phase, FASTPACE was used to finance projects across the country, including solar installations, HVAC upgrades, adaptive reuse, and ground-up new construction. Early adopters have praised its speed, flexibility, and user experience.
“We closed our C-PACE financing on the FASTPACE platform less than four weeks from term sheet execution,” said Erin Tolbert, a developer who secured $1.6 million in financing for a hospitality asset. “FASTPACE made the process seamless from start to finish.”
To learn more or obtain a quick quote on a project, visit www.fastpace.com.
