Press Release
September 25, 2020
Renovate America exits PACE market to focus on delivering industry-leading unsecured product offering, Benji.

By directing all attention to Benji and our unsecured 2nd look product, we will be able to meet contractors needs more completely than ever.

This year has been challenging for everyone due to Covid-19. Renovate America is very appreciative of your continued support and is truly inspired by your resiliency and continued entrepreneurial spirit in navigating this public health crisis while delivering valuable products and services to the customers in your local communities.

Our focus has always been on providing the most reliable and attractive financing products, to you, our contractor partners, and for the home improvement market. It is with this in mind that we have made the difficult decision to have our sole focus be delivering an industry-leading unsecured product offering (Benji) and to exit the residential PACE market. As many of you know, the foundation of Renovate America was built on our HERO product and its early success propelled this company to a great place. We are very appreciative to the contractors, homeowners and Renovate America employees who made this possible.

In exiting the PACE business, we will accept applications through October 16th in California and Missouri and through October 2nd in Florida. For those of you with active HERO deals, our team will be reaching out with details and next steps on how to ensure a smooth transition. If you have additional questions, please contact your account representative.

We thank you for your continued business and firmly believe that by directing our full attention to Benji and our unsecured 2nd look product, we will be able to meet your needs more completely than ever.

Shawn Stone
CEO, Renovate America