For Contractors

Help Your Clients Finance Improvements

Budget concerns can stall even the best project. With MinnPACE, property owners can secure up to 100% financing with no money down, deferred payments, and no personal guarantees. Because repayment is rolled into property taxes instead of traditional debt, owners have even more incentive to say yes — making it easier for you to close bids and get to work.

How to Explain MinnPACE Benefits to Your Client

No upfront costs.

Your clients can move forward without tying up cash. MinnPACE covers up to 100% of project costs through property-assessed financing.

No personal guarantees.

Property owners don’t need to put their personal credit on the line. The financing stays with the property, even if the property is sold—making it easier to say yes.

Flexible payments.

Clients can start payments up to six months after project completion, with just two installments a year. That means less stress on cash flow as improvements start delivering savings.

Reinvest energy savings.

Because MinnPACE projects reduce operating costs, your clients can put those savings right back into their business—or into their next phase of upgrades.

Capital Efficient Financing.

MinnPACE financing is repaid through the property tax bill and is typically treated as an annual operating expense rather than long-term debt on the balance sheet.

Cost sharing flexibility.

If tenants benefit from the upgrades, owners can pass along a share of the costs through the lease.

Fits into complex funding plans.

MinnPACE works alongside other financing tools to fill funding gaps or reduce the equity your clients need to contribute. It’s flexible enough to fit almost any capital stack.

Who Can Use MinnPACE

Property types that qualify:

Commercial or industrial buildings
Multi-unit housing (apartments, condos)
Non-profits and faith-based organizations
Agricultural properties

Upgrades we finance:

Energy efficiency improvements like HVAC, boilers, lighting, insulation, or building envelope work
Renewable energy systems — solar, wind, geothermal
Water conservation and water quality projects
Resiliency upgrades (like wildfire mitigation)
Electric vehicle charging stations

Projects we cover:

Retrofits to existing buildings
Major gut rehabs
New construction
Certain projects you’ve already completed (retroactive financing)

Helping Your Clients Get Started with MinnPACE

1. Tell your customer about MinnPACE

Explain how it can finance up to 100% of energy, water, or resiliency upgrades.

2. Check eligibility

Confirm the property qualifies on the MinnPACE website or by phone.

3. Gather project details

Prepare a clear contractor bid.

4. Complete an energy study

The property owner works with a qualified professional on an energy, water, or resiliency study.

5. Secure approvals

Get mortgage holder sign-off on the lender acknowledgment form.

6. Arrange an appraisal

Order an as-improved appraisal if needed.

7. Choose a lender

The property owner selects a financing partner to guide the process.

8. Submit the application

Start the project with financing in place.

Learn more about how MinnPACE financing works.

PACE Loan Details

Start the Conversation.

Whether you’re introducing MinnPACE for the first time or helping a customer take the next step, our resources are here to support you.

See all Resources

Contractors, Lenders, Property Owners, Trillion BTU Requirements / Documents

Have Questions? We’ve Got Answers.

Every project is unique — and so are your questions. Contact us today and we’ll help you see how MinnPACE can work for you.