What Home Run Financing does

Home Run Financing (legal entity: PACE Funding Group, LLC; rebranded from PACE Funding Group in 2016) is a California-based specialty finance company that provides residential Property Assessed Clean Energy (PACE) financing to homeowners for energy efficiency, climate resilience, water conservation, and renewable energy home improvements. Since launching in California in 2015, the company has originated over $641 million in PACE financing across roughly 20,700 home improvement projects in more than 360 California jurisdictions and $376 million in private capital across 180+ municipalities in 20 Florida counties, funded through its PFG Lending, LLC entity in Florida, Missouri, and Kansas.

The core product is PACE Funding, which evaluates homeowner eligibility based on home equity and ability to pay rather than credit scores, finances up to 100% of project costs up to 20% of property value, and is repaid as a non-credit-report annual assessment on the property tax bill over terms of 5 to 30 years. The product line is segmented into specialized offerings — solar, HVAC, roofing, storm windows and doors, flood mitigation, and septic-to-sewer conversions — each serving distinct climate and resilience use cases. Supporting technology includes instant-application and instant-credit-decision underwriting, contractor-facing project tracking and confirmation software, recorded confirmation-of-terms calls, and bilingual (English-Spanish) customer service operations.

The company operates a hybrid go-to-market: a free contractor-partner channel of 2,000+ licensed, insured, and trained contractors who originate PACE applications but cannot quote terms or handle financial documents, supplemented by direct-to-consumer acquisition through a bilingual call center, English and Spanish websites, SEO and content marketing, and PR-driven municipal expansion. Revenue is generated through interest, administrative fees, and ongoing servicing of the PACE assessment portfolio. Regulatory oversight is provided by the California DFPI and Florida Office of Financial Regulation, with additional lending licenses in Missouri and Kansas. The leadership team is headed by CEO Robert Giles, with Ryan Griffin promoted to President effective April 1, 2026.

Name

Home Run Financing

Legal name

PACE Funding Group, LLC

Website

https://homerunfinancing.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Home Run Financing is a California-based specialty finance company providing residential PACE (Property Assessed Clean Energy) loans to homeowners for energy efficiency, climate resilience, and home improvement projects across California and Florida.

Ownership category

akta.pro rank

Product category

Residential PACE Financing

NAICS

New Single-Family Housing Construction (except For-Sale Builders) (236115)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Custom Home Construction Financing (FSALAHAB)

akta.pro secondary industries

Home Improvement Personal Loans (Unsecured Installment) (FSAKAAAE), New Construction-to-Perm (Single-Family Owner-Occupied) (FSALAHAA)

Keywords

• PACE home financing
• Property assessed financing
• Residential improvement loans
• Home equity financing
• Contractor channel lending

Headquarters

HQ city

Los Gatos

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. PACE Assessment Financing: Home Run Financing provides PACE financing to homeowners for home improvement projects. Homeowners repay the financing as part of their yearly property tax bill over terms of 5-30 years. The company generates revenue through interest and fees on the financed amounts. Financing covers up to 100% of project costs, up to 20% of home value (varies by state), with flexible repayment terms.
2. Contractor Enrollment and Management: Free enrollment for eligible contractors who gain access to PACE financing to help close more construction deals. Contractors must complete Home Run Financing education course and meet licensing, insurance, and review requirements.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Home Run Financing provides residential Property Assessed Clean Energy (PACE) financing that allows homeowners to fund eligible home improvements—solar, HVAC, roofing, storm windows/doors, flood mitigation, septic-to-sewer conversions, water efficiency, and electrical upgrades—up to 100% of project cost (capped at up to 20% of home value) based on home equity and ability to pay rather than credit scores, with repayment collected through annual property tax bills over terms of 5–30 years. Financing is originated through a network of licensed, insured, and Home Run Financing–trained contractors, supported by a bilingual call center and self-serve website.

Product overview

Home Run Financing is a specialty finance company providing residential PACE (Property Assessed Clean Energy) financing for home improvement projects. The core product is PACE Funding, which enables homeowners to finance eligible upgrades with up to 100% financing (up to 20% of home value) based on equity and ability to pay rather than credit scores, repaid through property tax bills over terms up to 30 years. The product portfolio includes specialized financing options: Solar Financing, HVAC Financing, Roof Financing, Storm Windows & Doors Financing, Flood Mitigation Financing, and Septic to Sewer Financing—all variations of PACE funding tailored to specific project categories. The company operates across California and Florida, serving over 625 communities.

Differentiator

Problem solved

Functional benefit

Products and services

• PACE Funding
• Solar Financing
• HVAC Financing
• Roof Financing
• Financing Storm Windows & Doors
• Flood Mitigation Financing
• Septic to Sewer Financing

Quantifiable outcome

• 261,300 metric tons of lifetime greenhouse gas reductions in California
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• California Statewide Communities Development Agency (CSCDA)coreStrategic or Co-development PartnerCSCDA is a joint-powers public benefit entity that enables member governments to opt in voluntarily to their Open PACE Program. Home Run Financing operates through CSCDA to provide PACE financing in California. The partnership facilitates PACE financing across 360+ California jurisdictions under strict regulatory oversight of the California Department of Financial Protection & Innovation (DFPI).

Scale indicators14 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Ygrene Energy Fund: Ygrene is one of the largest residential and commercial PACE financing providers in the U.S., offering similar home equity-based financing for energy and resilience upgrades across multiple states — directly comparable to Home Run Financing's product, customer (homeowner/contractor), and go-to-market.
• Renovate America: Renovate America's HERO program was a major residential PACE financing provider with contractor-channel distribution; it is a direct historical peer to Home Run Financing in product, channel, and customer base.
• Dividend Finance: Dividend Finance is a residential PACE and home improvement financing provider operating a contractor-partner model with municipal approvals — directly comparable to Home Run Financing's PACE offering and distribution strategy.
• Petros PACE Finance: Petros provides commercial and residential PACE financing with a capital-markets-led structure; it overlaps with Home Run Financing on residential PACE origination through contractor/municipal channels.
• CleanFund Commercial PACE Capital: CleanFund is a PACE financing provider serving both commercial and residential projects, competing for municipal approvals and contractor relationships in overlapping geographies.

Emerging players

• Mosaic: Mosaic provides residential solar and home improvement financing via a lender marketplace; it competes for the same solar-financing customer and contractor channel as Home Run Financing, though without the PACE assessment structure.
• Sunlight Financial: Sunlight Financial focused on residential solar and home improvement loan origination with an installer channel model — comparable to Home Run Financing's contractor-channel approach for clean energy upgrades.
• Hearth: Hearth is a fintech point-of-sale home improvement lender offering contractor-enabled financing; it overlaps with Home Run Financing in serving home improvement contractors and homeowners with project financing, but uses traditional credit rather than PACE.

Broad incumbents

• GreenSky (now part of Goldman Sachs): GreenSky is a large home improvement point-of-sale financing platform with deep contractor relationships — competing for the same contractor-channel-driven project loans though as a broader lender rather than PACE specialist.

Others

• Enervee: Enervee is an e-commerce marketplace for energy-efficient home upgrades that connects consumers to financing partners; it is an adjacent ecosystem player with overlap in driving energy-efficiency home improvement demand that PACE providers like Home Run Financing ultimately finance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Home-Run-Financing-110271507779058
• LinkedInlinkedin.com/company/home-run-financing

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Home Run Financing