Pacesetter CDE stands out by offering equity-like financing mechanisms that are negotiated at rates lower than market rates, with extended amortization periods, and other flexible terms. These investments not only benefit Pacesetter CDE but also contribute to an overall improvement in product offerings, providing qualified businesses with enhanced access to capital and on favorable terms. The organization has strategically leveraged its successful track record in providing NMTC products and services to cultivate a robust pipeline of potential investments and financial structures. This pipeline, valued at over $200 million, undergoes careful review by Pacesetter CDE’s governing board.
Pacesetter CDE’s primary focus remains on healthcare, community spaces, and manufacturing and industrial projects providing high quality employment opportunities to communities that can best benefit from these investments. Pacesetter CDE provides capital ranging from roughly $2 to $12 million to disadvantaged businesses in LICs across a national service area, with a specific emphasis on severely distressed areas in various states.
Pacesetter CDE targets businesses that not only create significant job opportunities that offer additional benefits such as living wages, training, healthcare, and retirement programs to their employees, but also business that will be a catalyst for further improvement and investment within their communities. In essence, Pacesetter CDE aims to continue to foster positive impact in the communities we serve through our commitment and strategic approach to each NMTC investments we curate and nurture.