Genesis Commercial Capital Puts Together “GREEN TEAM” to Introduction Multiple Fresh Endeavors Situated in Orange County, ...
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Genesis Commercial Capital Puts Together “GREEN TEAM” to Introduction Multiple Fresh Endeavors

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Genesis Commercial Capital Puts Together “GREEN TEAM” to Introduction Multiple Fresh Endeavors

  1. 1. Genesis Commercial Capital Puts Together “GREEN TEAM” to Introduction Multiple Fresh Endeavors Situated in Orange County, CA, Genesis Commercial Capital has launched a new project to expend funds to the rapidly growing Clean-Tech industry. This niche area has been providing a steady stream of income and job growth country wide in a time when job losses and company downsizing have been the main topic of newspaper and TV reporting. Clean Technology is the overall use of services and equipment that make better use of the environment and also have the ability to generate renewable, cleaner and more productive uses of energy globally. This incorporates more energy-efficient lighting, electric vehicles, wind, and solar uses. Genesis got its start in Clean-Tech by partnering with various companies to help them sell and put in place energy efficient lighting in the Southern California region. With rebates available from SCE and other organizations Genesis Commercial Capital is able to fund energy savings equipment and lighting to customers who desired to make a move into this arena at the same time saving money and improving our environment. Orange County, CA, was a pioneer in the United States in the growth and development of this sector and it is currently growing over 8 times faster than the other parts of the economy. In OC alone close to 25,000 people are employed in the industry and it is growing nationwide at a breakneck pace. Traditionally fueled by the environmentally modern private equity firms and venture capitalists, the clean-tech industry is now on its way to becoming a more mainstream and self-functional industry. There is now a focus on academics to acquire backgrounds in engineering, chemistry, biology, marketing, and business finance specific to this area. Genesis Commercial Capital has acknowledged over a long period of investing in the industry that it is a strong portfolio performer and that as of this moment it is still relatively on the ground floor. There are a myriad of new programs for businesses wanting to expand and venture into natural gas, LED Lighting, and wind/solar and the current administration is promoting industry growth as well. The solar industry alone is anticipated to achieve heights of over $110 billion by the year 2020. In the entire year 2000 solar accounted globally for an estimated $2.5 billion. Simply put the industry is getting considerable traction and Genesis desires to be a position player within this niche as it starts to explode in the next several years. Genesis Commercial Capital’s new Green Team will focus supplemental efforts and funding towards renewable energy and efficient lighting and will expand into other areas to develop growth. Genesis Commercial Capital will look to partner with vendors and sellers of equipment used in this industry to present competitive programs to end-users that have not been able to obtain any traditional funding for this space. By broadening into this industry with a more tightly focused effort Genesis Commercial Capital plans to become a leader in the development and growth of the companies at the forefront of new breakthroughs and advancements. Just as the dot.com boom took place in the 90’s Genesis Commercial Capital believes that Clean-Tech may well be the next up and coming industry with a high growth trajectory. <br />

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