Allectrify, PBC
Allectrify, PBC
Allectrify, PBC is a financial technology company founded in 2021 that specializes in making clean energy financing more accessible. The company operates a technology platform, FASTPACE, which serves as a marketplace connecting commercial building owners with a network of financial institutions for Commercial Property Assessed Clean Energy (C-PACE) loans. Allectrify's solution aims to streamline the entire financing process, reducing transaction costs for borrowers and providing a risk-mitigated deal flow for lenders.
Products & Team
FASTPACE Platform
The FASTPACE platform is a comprehensive, technology-enabled solution that functions as a marketplace for C-PACE financing. It connects commercial property owners, developers, and contractors with a varied network of banks, credit unions, and non-bank lenders to fund projects related to energy efficiency, water conservation, and renewable energy.
The platform addresses the complexity and high costs often associated with C-PACE transactions. For borrowers, it simplifies the process of securing capital for sustainability projects, while for lenders, it provides a pre-qualified pipeline of C-PACE investment opportunities without the need for internal origination infrastructure.
Allectrify solves the problem of high transaction costs and complexity that can deter commercial property owners from pursuing C-PACE financing. For lenders, it removes the operational burden and expertise required to originate, underwrite, and manage C-PACE loans independently.