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customer stories

Adam Capital funding to support Tioga Energy solar power purchase agreements

Author : 
New Resource Bank

When New Resource client Tioga Energy needed additional financing to support municipal solar projects in the Northeast, Vice President Matt Scullin suggested that they contact Adam Capital Clean Energy Asset Finance, a private investment fund dedicated to supporting the clean energy industry. The New Resource client network paid off for both parties.

Eatery spices up lunch—and does it sustainably, with bank help

Fred Tang and Will Pacio of Spice Kit
Author : 
New Resource Bank

Several years ago, New Resource Bank customers Will Pacio and Fred Tang had a vision about creating a restaurant blending authentic Asian cuisine with classic French culinary techniques—while employing sustainable business practices. The result is Spice Kit, an eight-month-old San Francisco eatery that’s bringing something fresh to the financial district’s typical midday fare of burgers and BLTs.

Relationship focus brings benefits firm to New Resource

BayPoint Benefits logo
Author : 
New Resource Bank

“Relationship management—it’s that simple,” says Brian Hassan, co-founder of BayPoint Benefits, when asked what prompted his company to switch to New Resource Bank two years ago. “Personal relationships are the core of BayPoint’s client-focused philosophy, so New Resource was a perfect fit for us.”

Streetlighting service takes off with New Resource help

Jason Tanko - Tanko Streetlighting
Author : 
New Resource Bank

An unusual passion isn’t necessarily the best foundation for a thriving business. But if that passion advances sustainability and saves cities and towns across the country a lot of money, you could be onto something.

Jason Tanko had that experience with streetlights. “I’ve always loved streetlights, and I had the idea to capture and reuse these fixtures,” he says. The result? Tanko Streetlighting Services, a San Francisco-based streetlight retrofitter serving more than 200 cities in eight states.

Firm pursues green building retrofits with New Resource help

Sunmoor Properties
Author : 
New Resource Bank

Lucien Jamey grew up in France and Switzerland surrounded by a family of engineers and entrepreneurs. It turned out to be the ideal background for the president and CEO of San Francisco-based Sunmoor Properties, a management firm that helps clients increase property values with comprehensive green retrofits of existing buildings.

Pioneering creamery thrives with New Resource help

Straus Family Creamery
Author : 
New Resource Bank

By definition, trailblazers don’t follow predictable paths. That’s true of Straus Family Creamery, a pioneer in organic farming and sustainable business practices.

Recycling pioneer taps New Resource to grow

Mark Lutz, president and CEO of North Bay Steel Mill & Recycling
Author : 
New Resource Bank

North Bay Steel Mill & Recycling began salvaging and reprocessing steel more than half a century ago, well before the modern environmental movement took off.

“It’s interesting that most people think only new businesses recycle or are sustainable,” says Mark Lutz, president and CEO of the pioneering Napa-based company. “We’re one of the few businesses that have been doing this for decades.”

New Resource helps hog island grow, get more sustainable

New Resource helps hog island grow
Author : 
New Resource Bank

Founded in 1983 with a five-acre lease, a $500 stake and the motto “strong backs and weak minds,” Hog Island Oyster Co. has grown to 160 acresin Tomales Bay producing over 3 million oysters annually, plus Manila clams and mussels, to satisfy the cravings of Bay Area bivalve lovers.

Green building leader gets savvy financing

David Gottfried, founder of the U.S. Green Building Council (USGBC)
Author : 
New Resource Bank

David Gottfried, founder of the U.S. Green Building Council (USGBC), knew just where to go when he needed financing for his LEED platinum home renovation.

“I sought out New Resource because they were green,” he says. “I thought they would be great for our house. They understood what we were doing in the renovation.”

Gottfried ended up getting two loans on the property, which received the highest LEED score in the country for a small home. (LEED is the USGBC’s green building certification system.) 

New Resource helps renewable energy funder grow

Adam Boucher - CEO - Adam Capital Clean Energy Asset Finance
Author : 
New Resource Bank

Sonoma-based Adam Capital Clean Energy Asset Finance is helping to fill what CEO Adam Boucher calls a “renewable-energy funding gap”—a financing void for small to midsized solar, wind and other renewable energy projects.

Property owners who invest in renewable energy upgrades often qualify for government incentives and utility rebates. However, many can’t get the financing needed to install the technology on properties larger than a single-family residence but smaller than a utility-scale commercial site. That’s where Adam Capital comes in.

 

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