Situated in Orange County, CA, Genesis Commercial Capital has introduced a fresh project to expend finances to the rapidly expanding Clean-Tech industry. This niche area is actually delivering a regular flow of income and job growth country wide in a time when job losses and company downsizing have been the main topic of media reporting. Clean Technology is the overall use of services and equipment that produce better use of our environment and have the power to develop renewable, cleaner and even more efficient uses of energy throughout the world. This includes more high efficiency lighting, electric vehicles, wind, and solar uses. Genesis got its start in Clean-Tech by partnering with a variety of companies to assist them to sell and put in place high efficiency lighting in the Southern California region. With incentives available from SCE and other organizations Genesis Commercial Capital is in a position to finance energy savings equipment and lighting to customers who want to take a step into this arena at the same time being economical and strengthening the environment.
Orange County, CA, was an innovator in the country in the growth and development of this sector and it is currently growing over 8 times faster than the remaining portion of the economy. In OC alone nearly 25,000 men and women 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 an emphasis on academics to get 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 sound portfolio performer and that as of this moment it's still somewhat on the ground floor. There are a many new prospects for businesses trying 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 year 2000 solar accounted globally for an estimated $2.5 billion. Simply put the market is getting considerable traction and Genesis desires to be a position player within this niche as it begins to explode in the next several years.
Genesis Commercial Capital’s new Green Team will center extra attempts and funding towards renewable power and efficient lighting and will expand into various other areas to broaden 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 which have not been able to get any traditional funding for this space. By broadening into this industry with a more and more focused effort Genesis Commercial Capital plans to become a leader in the development and growth of the companies at the forefront of new developments and advancements. Just as the dot.com boom took place in the 90’s Genesis Commercial Capital believes that Clean-Tech may possibly be the next up and coming industry with a high growth trajectory.
