PACE Loans

A SPIRE PACE loan is a tool to make energy saving investments affordable for commercial building owners.

SPIRE partners with MinnPACE, the primary agent for PACE financing in Minnesota.

What is PACE?

PACE stands for Property Assessed Clean Energy.
Businesses can finance the up-front costs of
energy improvements and pay back the costs
through an assessment on their property.

Utility savings often exceed payment
obligations making investments cash positive.

Take the Next Step

Apply Now
Contact Business Lending

Start providing cleaner energy for your business.

We believe SPIRE is more than a financial institution. Our Core Purpose is to improve lives and we want to be a partner in business and life with you.

100% Financing

Through SPIRE's partnership with MinnPACE,
you business can roll 100% of your finacing
into a special tax assessment.

Quick & Easy Financing

First choose a qualifying project.

Apply online in just minutes with
no origination fees.

You can also talk through your financing options
with the SPIRE Business Lending team.

Making a Positive Impact

Since 2017, solar and energy efficiency projects
funded through SPIRE PACE loans have saved
the equivalent of 6,246 tons of carbon dioxide (CO₂).

Your Loan Stays in Minnesota

When you open a PACE loan with SPIRE,
it stays at SPIRE.

You'll always know who to contact and we'll be here for you.