East Coast Coal Fired Power Provider Partners with Mazuma Capital in Funding a Fly-Ash Conditioning System

DRAPER, UTAH July 2012–Mazuma Capital, a leading national direct lender, today announced it has funded $1.3M for a large East coast power provider.

The power provider sought a knowledgeable funding source with the ability to provide a solution to a complicated transaction. In order to comply with state environmental standards the company needed to condition their waste into coal fly-ash before depositing waste in state landfills.

The company was set up as a multi-layered organization with disparate corporate entities having varying degrees of ownership.  Due to this structure and the difficulties it posed, the incumbent bank for the power provider passed on providing financing for this equipment, in spite of the fact that the company has excellent credit. The additional challenge was financing almost 50% of “soft costs”, to include labor and installation along with a blanket UCC filing that would not subordinate.

After navigating the review of several of the company’s opaque organizational charts, the risk factors, and equipment, Mazuma agreed to fund this transaction.

“This power producer had a very unique set of complications that we were able to work through. Our team was innovative and methodical in our approach to the deal, which ultimately provided the terms in the manner the company needed. It is transactions of this nature that really spotlight the unique funding abilities Mazuma has within the industry”, said Jared Belnap, CEO and President at Mazuma Capital.

About Mazuma: Mazuma Capital is committed to our client’s success. Our unique capabilities and innovative product offerings provide solutions accelerating financial growth. Servicing both rising companies and established businesses, Mazuma continues to secure its position as the middle-market industry leader. We build long-term relationships by delivering on our commitments. Mazuma co-authored the Utah Best Practices Alliance. Mazuma Capital subscribes to the ELFA Code of Fair Business Practices and NAELB code of ethics.

Media Contact:

Julie Fuchs

801-816-0800 Ext. X291jfuchs@mazumacapital.com

US Government Should Trust the Free Market for Green Energy Investment | Renewable Energy News Article

US Government Should Trust the Free Market for Green Energy Investment | Renewable Energy News Article

Simply stated, there are three stages to introducing new technology into the market:

1. Innovation. Universities, government labs and some companies willingly and energetically take the technology risk of exploring new ways of doing things, and work on proving a concept. In this specific situation, we are talking about creating energy.
2. Go To Market. When a specific technology has been developed and its concept proven, the focus moves to figuring out the best way to develop a prototype that can be manufactured and sold in the marketplace. Angel investors and venture capitalists typically fund this stage.
3. Expansion. Once a specific technology has reached the market, it needs to be developed into a real, growing product that is both used and useful, thus crossing over into adoption by the public. Venture capitalists and private equity provide investment for growth in these stages.

One of the greatest strengths in America is innovation. It is a long and rich tradition for the U.S. to lead the world in innovation. Government currently plays a key role in providing funds to many companies in the proof-of-concept stage, as well as to national labs and universities developing new technologies. Steps two and three should be left to private investors.

Large American Coal Producer seeks out Mazuma Capital in Funding Fuel-Efficient Equipment to Enhance Production

DRAPER, UTAH April 2012–Mazuma Capital, leading national direct lender, today announced it has funded $7.5M so far against an overall $9.4M commitment for a large American coal producer.

The coal producer sought an experienced funding source with in-depth knowledge of the mining industry. There were many challenges present in the transaction from the type, use, and locations of equipment to the challenges present with an evolving global coal market.  There were also several factors that presented additional hurdles with the credit due to recent growth and acquisitions.  Because of these challenges the financing required innovative structuring components along with solving the coal producer’s funding objectives.

The company was concerned that the cash flow of the leases needed to allow for growth initiatives and to provide the ability to expense payments over time as new environmental campaigns were launched. Moreover, Mazuma Capital was able to secure the approvals and work with the company to achieve these funding objectives.

“This coal producer has a very large footprint in the mining industry and they continue to draw upon Mazuma Capital’s unique market positions and access to funds to propel their business forward. Through our exclusive access to capital, and aggressive structures we’ve been able to provide significant value year after year for this company”, said Kelly Holladay, Account Executive at Mazuma Capital.

About Mazuma: Mazuma Capital is committed to our client’s success. Our unique capabilities and innovative product offerings provide solutions accelerating financial growth. Servicing both rising companies and established businesses, Mazuma continues to secure its position as the middle-market industry leader. We build long-term relationships by delivering on our commitments. Mazuma co-authored the Utah Best Practices Alliance. Mazuma Capital subscribes to the ELFA Code of Fair Business Practices and NAELB code of ethics.

Media Contact:

Julie Fuchs

801-816-0800 Ext. X291

jfuchs@mazumacapital.com

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