CIT Leaves Bankruptcy With Less Debt but Many Questions – NYTimes.com

Posted on Dec 15 under Alternative Energy Financing, Commercial Financing, Debt Restructuring, Equipment Leasing, Financial Advice, Lending Package, Refinancing with No Comments .

CIT went bust despite a $2.3 billion lifeline from Washington — money that was vaporized in its bankruptcy. On Thursday, it will enter its post-bankruptcy era with less debt but some big questions about its future.

via CIT Leaves Bankruptcy With Less Debt but Many Questions – NYTimes.com.

If you need help with business financing options,we may be able to help – check us out at www.discountcapital.com.

Financing for alternative energy projects

Posted on Jun 17 under Alternative Energy Financing with 4 Comments .

The American alternative, or “green”, energy market is growing due to increased demand from local, state, and federal governments who require cleaner sources of energy.

The current use of “green” energy is estimated to be at only 3-5% of the total domestic energy use, which leaves a significant margin for growth. This industry is on-track to grow substantially in the coming years. As a result of the increased demand, the now expensive technology needed will become more widely used, and will eventually lead to a form of energy which will supersede fossil fuels in cost effectiveness. With the increase manufacturing of new “green” technologies such as solar cells, wind turbines, biodiesel refineries, geothermal and tidal energy harnessing systems,the cost of production will drop and “green” technology will become serious competition for dirty fossil fuels.

Discount Capital Corp. is dedicated to keeping the planet clean, and helping to get the market moving in the right direction again. It is for these reasons that Discount Capital Corp. is looking to fund various green energy projects through our Green Lending Division. We can work with you to create the perfect financing option for your green energy business. We welcome Inquiries from manufacturers, suppliers, installers, and anyone else with a green thumb for growing “green” energy.

Please visit our Green Lending page for more information: Green Lending