Showing posts with label Equipment Financing. Show all posts
Showing posts with label Equipment Financing. Show all posts

Wednesday, December 8, 2010

GREENBELT RESOURCES CORPORATION AND DIVERSIFIED ETHANOL ANNOUNCE PLANT TECHNOLOGY FINANCING PROGRAM THROUGH MAZUMA CAPITAL FOR CUSTOMERS

PASO ROBLES, Calif., & BURNSVILLE, Minn., Dec. 8, 2010 – Greenbelt Resources Corporation (Pink Sheets: GRCO) today announced that its wholly-owned subsidiary Diversified Ethanol Corporation ("Diversified") has established a business partnership with Mazuma Capital to offer leased equipment financing to qualified Diversified customers. Diversified designs,  constructs, monitors and operates highly efficient and cost effective small scale waste-to-ethanol conversion plants that utilize a wide range of organic wastes feedstocks including cellulosic material, by products of breads and grain processing, organic slurry, and other food and beverage waste from beer, wine, and sugar-based products.
            Mazuma Capital is a leading national direct lender and will provide third party financing for qualified Diversified customers. Dedicated to maintaining a portfolio that includes renewable energies, Mazuma provides a sophisticated selection of finance programs that offer the flexibility necessary to meet the range of Diversified customers’ needs. 
            "Providing strong financing options for our customer seeking to own an ethanol plant is a critical avenue to continue the growth of the green fuels industry,” said Darren Eng, CEO of Greenbelt Resources Corporation. “When a partner like Mazuma takes notice and brings their expertise and success to the table, it strengthens customer confidence that ethanol from waste is a viable investment.”
            “Our support for Diversified plant financing is another cornerstone for Mazuma in the renewable energy sector.  By carrying risk and providing solutions to overcome financial barriers on emerging green technologies, more and more middle-market companies can now implement green initiatives.  Promoting the adoption of emerging green technologies is a continued goal of Mazuma Capital and through our partner programs and extensive knowledge of new technology financing Mazuma will continue to enhance energy project offerings,” said Jared Belnap, Mazuma Capital’s President and CEO.

            Diversified currently operates a waste-to-ethanol plant in Paso Robles California that conducts pilot studies on various feedstocks to expand a database of information  to support continued growth of waste-to-ethanol plant production. Shareholders and prospective investors can register for email updates on company financial and operations announcements at www.greenbeltresources.com/investors.
About Greenbelt Resources Corporation
           
Greenbelt Resources Corporation™ is committed to developing and implementing technology that makes alternative fuel reliable, practical, and efficient. The company is dedicated to delivering business solutions with integrity and perpetually high quality control through intelligent support services. Greenbelt Resources subsidiary Diversified Ethanol Corporation™ provides end-to-end waste-to-ethanol solutions designed to establish a highly efficient installed network of customer-owned modular ethanol plants providing localized processing of locally generated waste into locally consumed ethanol. The company's ethanol plants are built around the award winning Butterfield Closed Cycle System™. Founded in 2001, Greenbelt Resources Corporation is a public company trading under the symbol GRCO.PK. For more information including how to contact the company, visit Greenbelt Resources on the web at http://www.blogger.com/Local%20Settings/Temporary%20Internet%20Files/OLKE4/www.greenbeltresources.com.
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Friday, November 5, 2010

IT IS TIME TO MOVE ON YEAR END TAX ADVANTAGES!

You do not want to let the current Tax Breaks pass you by, allow Mazuma Capital to show you how to take advantage of these Tax Breaks in 2010.
Code Section 179 Expensing-
A qualifying taxpayer can choose to treat certain property as an expense and deduct it in the year the property is put into service, rather than depreciating it over several years.  The Small Business Jobs Act of 2010 increases the maximum deduction an eligible taxpayer may elect to claim to $500,000.  The qualifying property cap has also been raised to $2 million and will phase out, dollar-for-dollar, until the qualifying property cost exceeds $2.5 million.

Bonus Depreciation you don’t want to miss!
The Act also extends, through December 31, 2010.  This means you may take a 50% first year bonus depreciation deduction for qualifying property purchased and placed into service in 2010.  The real bonus- the depreciation deduction can be used in addition to the Section 179 deduction.
Now, more than ever, the financing of your equipment should be top of mind.  Contact Mazuma today and see how equipment financing can be a powerful tool for your business.

Mazuma Capital specializes in providing customized equipment lease financing solutions to businesses. Mazuma Capital is committed to delivering superior service and competitive products at the lowest possible cost. We work with companies of all sizes across all industries to craft custom leasing solutions. From short economic useful life equipment such as telephony and computer systems to vital revenue generating equipment such as heavy machinery and medical equipment.
For More Information Contact us
info@mazumacapial.com
vendorsolutions@mazumacapital.com
partners@mazumacapital.com