Quick Guide: Pace, EnerBank, and WiseTack Financing for Artificial Grass

Switching to artificial turf for residential lawns in San Jose requires an upfront investment that many people may not be ready for. We get that, which is why we’ve worked hard to offer some of the best financing options for our clients here at Heavenly Greens.

Before we jump into the specifics, let’s talk about why financing might be the smart choice for you.

• Preserve Your Savings: Instead of depleting your hard-earned savings, you can keep that nest egg intact. Imagine being able to enjoy your new lawn while still having funds for other home improvements or unexpected expenses.
• Immediate Enjoyment, Gradual Payment: Why wait years to save up when you can start enjoying your perfect lawn right away? With financing, you could be hosting backyard barbecues on your new grass this summer.
• Offset Costs With Immediate Savings: From the moment your artificial grass is installed, you’ll start saving on water bills, lawn care services, and equipment. For example, a typical 1,000 sq ft lawn in California might use 35,000 gallons of water annually. At an average cost of $0.01 per gallon, that’s $350 in water savings alone each year!
• Boost Your Property Value: A well-maintained lawn can increase your home’s curb appeal and value. By financing, you’re essentially investing in your property. According to the National Association of Realtors, lawn makeovers can recoup as much as 50% of their cost at resale.
• Budget-Friendly Monthly Payments: Instead of one large payment, you’ll have predictable monthly installments that you can easily factor into your budget. It’s like subscribing to a beautiful lawn.

Now, let’s break down each of our financing options in detail.

Your Financing Options for Artificial Grass Installation

1. PACE Financing for Artificial Grass

• No Money Down: Start your project immediately without touching your savings. This means you could begin your installation as soon as you’re approved.
• Flexible Long-Term Financing: Choose from 5, 10, 15, or 20-year terms. This flexibility allows you to balance lower monthly payments with a shorter repayment period. 
• Property Tax Payments: Your PACE loan is repaid through your property tax bill. This can simplify your budgeting and may even be tax-deductible (always consult with your tax advisor on this).
• No Impact on Personal Credit: The loan doesn’t appear on your credit report. This can be crucial if you’re planning other major purchases or refinancing in the near future.
• Delayed First Payment: With up to 16 months before your first payment, you have time to adjust your budget or even start enjoying savings from reduced water and maintenance costs before payments begin.
• No Prepayment Penalties: If your financial situation improves, you can pay off the loan early without extra fees. This flexibility ensures you’re not locked into payments if your circumstances change.
• 100% Financing: Cover all costs associated with your installation. This means no surprise out-of-pocket expenses, from site preparation to the final blade of artificial grass.

We’ve partnered with Renew Financial for PACE financing. Learn more about Renew Financial Efficiency Financing.

2. EnerBank Financing for Synthetic Turf

EnerBank offers traditional financing options with some unique benefits that might align perfectly with your needs:

• 18 Months Same-as-Cash Option: This gives you the flexibility to pay off your loan within 18 months without accruing interest. It’s ideal if you’re expecting a bonus, tax return, or other lump sum in the near future.
• Interest Waived on Full Repayment: If you pay off the full amount within the same-as-cash period, you won’t pay any interest. This can result in significant savings compared to other financing methods.
• 5 and 7-Year Payment Plans: If you need more time, these extended plans allow for lower monthly payments, making your artificial lawn more affordable on a month-to-month basis.

Ready to explore EnerBank options? Start your EnerBank loan application here.

3. Wisetack Financing for Artificial Turf

Wisetack is perfect for those who value simplicity and speed in their financing process.

• Lightning-Fast Application: The application takes about a minute, making it ideal if you’re ready to start your project soon. You could apply during your lunch break and have an answer before you finish your sandwich.
• No Credit Score Impact: Check your options without affecting your credit score. This is great if you’re shopping around for the best rates or if you’re working on improving your credit.
• Finance up to $25,000: Suitable for most residential artificial grass projects. So $25,000 could cover a 1,250 to 5,000 square foot lawn, depending on the specific product and installation complexity.
• Flexible Terms: With options from 3 to 60 months, you can choose a repayment plan that aligns with your financial goals. 
• Competitive Rates: APRs from 0% to 35.9% based on creditworthiness, potentially offering significant savings compared to credit cards. Even at the higher end of this range, it could be more affordable than putting your project on a high-interest credit card.
• Transparency: No hidden fees or compounding interest means you’ll always know exactly what you’re paying. Your monthly statement will clearly show your balance, payment amount, and payoff date.

Interested in seeing your Wisetack options? Prequalify now with no impact on your credit score.

Artificial Grass Financing: Next Steps

Now that you understand your options, here’s how to move forward:

1. Assess Your Project: Get a clear idea of your artificial grass needs. Measure your space and consider any additional features you might want, like a putting green or pet-friendly areas. This will help you estimate your total project cost.
2. Review Your Budget: Look at your monthly expenses and determine how much you can comfortably allocate to your artificial grass payment. Don’t forget to factor in potential savings on water bills and lawn maintenance.
3. Check Your Credit: Your credit score can impact your financing options and rates. Check your credit report for free at AnnualCreditReport.com to know where you stand.
4. Get a Quote: Contact us for a free, no-obligation quote. This will give you a clear idea of your project’s cost and help you decide which financing option is best.
5. Compare Options: Use the information in this guide to compare the terms, rates, and features of each financing option. Consider factors like:

• Monthly Payment Amount

• Total Cost Over the Life of the Loan

• Flexibility for Early Repayment

• Impact on Your Credit Score

• Tax Implications

1. Prequalify: Use the links provided to check your eligibility for your preferred financing option. Remember, this won’t impact your credit score.
2. Ask Questions: Don’t hesitate to reach out to us or the financing providers with any questions. We’re here to help you understand your options and make the best choice for your needs.
3. Make Your Choice: Once you’ve gathered all the information and compared your options, select the financing plan that best fits your needs and budget.
4. Complete the Application: Follow through with the formal application process for your chosen financing option.
5. Prepare for Installation: Once your financing is approved, we’ll work with you to schedule your installation and get you on the path to your perfect lawn.

And lastly, call us at 844-382-7684 or send us a message to schedule a free personal consultation today.