What is TABBSS?

To ensure full transparency and accountability, THIRDact created TABBSS©, the THIRDact Better Building and Sustainability Standards and accompanying platform, designed to provide a higher standard for energy efficient solutions. Our objective is for TABBSS© to be recognized as the new US standard for ensuring building integrity and resiliency for property owners, contractors,  technology providers and real estate professionals.
 

What kind of upgrades does THIRDact finance?

THIRDact can finance any material upgrade to a property.  We care about resiliency in buildings, and so we focus on those upgrades that provide energy efficiency and water conservation. Some of our favorites include

  • Air conditioning
  • Cool roofs
  • Double paned windows
  • Smart thermostats
  • Plug-load management
  • Electric Vehicle charging stations

We also fund seismic improvements, ADA compliance, pervious concrete, smart irrigation, efficient refrigeration, smart laundromat washers and dryers, etc.. We can finance custom upgrades that get buildings ready for efficiency upgrades, such as roof repair.  We are flexible. Depending on the budget, We can finance a single upgrade, or a number of them.

Why should I Register with TABBSS?

THIRDact is great for your business. We can help you expand your offerings into the small commercial space. We market directly to property owners and can bring you qualified leads.  We are revolutionizing how small commercial and multifamily properties undergo upgrades. We are tech-enabled, fast and smart.  We work with industry leading manufacturers, with brand recognition.  We pay you when the work is complete, you choose, electronically or by check, removing the annoyances of invoicing. We’ll hold you to high standards, but you wouldn’t want to work with us if we didn’t. Ready to join?

How are you different from PACE?

We do not use debt to finance upgrades, and we don’t tie payments to tax bills. As a matter of fact, with us, property owners pay nothing out-of-pocket until the property sells. Most PACE programs are limited to solar or energy efficiency.  THIRDact can finance any material improvement to a property, with a focus on smart use of energy and water resources, and building resiliency. We can also fund a number of improvements at one time, and we encourage this, as sometimes that's the way to have the most impact. With all our flexibility, more customers qualify for THIRDact financing than any other program.  Grow your business with us. 

Do my customers qualify?

Currently, we are focused properties that are

  1. lite commercial (including office, retail, restaurant, medical)
  2. or multifamily residential (5+ units)
  3. under 10,000 sq ft
  4. In California

We do not yet fund industrial, warehouse, or single family homes. We also do not yet fund project in buildings over 10,000 sq ft. If you have customers with other building types, please submit the project to us as we are looking to expand our offering where there is interest.