…of investing in new manufacturing equipment in the current economy Amy Bunton Senior vice president Pathway Lending Investing in new equipment is a complex decision with many factors. First, it typically requires large up-front investments, including the design, engineering and installation costs. Production disruptions can occur during installation, so timing is critical. New equipment brings
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Nonprofit lender funds local expansion, efficiencies – Knoxville News Sentinel, 10/03/11
During its first five years in business, Physicians’ Pharmaceutical Corp. funded its growth out of its owners’ pockets and with small lines of credit. Aware that the banking environment and a tight credit market would make it difficult for the young, small business to obtain a conventional loan, Physicians’ Pharmaceutical turned to Pathway Lending, a
READ MOREPrivate investment and the future of solar – Nashville Business Journal, 08/19/11
The amount of public dollars going toward solar is a major debate. But what about private money that, in theory, should flow naturally? A look at the sort of private money going toward the solar industry shows that there are indeed people willing to invest. Investment in clean technology nationally has been increasing and totaled
READ MOREMIG to Utilize Energy Efficient Lighting Projects – Industrial Product News Online, 08/06/11
Manufacturers Industrial Group (MIG), a manufacturer of fabricated metals for the automotive and construction industries, will be greener after receiving funding from Pathway Lending, a statewide economic development lender, to make energy efficiency improvements. The facility in Lexington, TN, has installed new lighting to save energy, improve the working environment for its employees and achieve
READ MORELoans ready for energy efficiency – NWTN Today, 08/03/11
Nashville – Pathway Lending announced last week it is lowering the interest rate for its Energy Efficiency Loan Program from 5 percent to 3 percent in order to help more Tennessee companies gain access to financing for energy saving projects during the hottest summer months.
READ MOREThe Weigh In – Memphis Business Journal, 07/29/11
With all the talk about green jobs and the growing of the economy, how much of an impact do you think it can actually have on the region? Amy Bunton Senior vice president Pathway Lending We often see that companies choose to invest in energy efficiency and green projects because it satisfies multiple corporate objectives.
READ MOREEnergy efficiency loan rates cut – Knoxville News Sentinel, 07/28/11
Pathway Lending is making it easier for Tennessee businesses to survive the summer heat wave and cut their colling bills. The Nashville-based lender announced it has chopped the interest rate to 3 percent from 5 percent for the Energy Efficiency Loan Program. The reduced rate is available through Sept. 30. EELP loans can be used
READ MOREInterest rate lowered for Tennessee energy-efficiency projects – Nashville Business Journal, 07/28/11
Pathway Lending is lowering the interest rate for the state’s Energy Efficiency Loan Program from 5 percent to 3 percent in a move to help more Tennessee companies gain access to financing for energy-saving projects during the hottest months of the year. The reduction will be in effect until September 30. Read more…
READ MOREEco Travel Plaza unveils new, greener technology – Crossville Chronicle, 6/24/11
June 24, 2011 By Heather Mullinix Assistant editor CROSSVILLE — Don Demko has a goal of turning the Eco Travel Plaza on Genesis Road in to an energy neutral business. That’s a daunting task but recent sustainable and environmentally conscious upgrades have the travel plaza on its way to meeting that goal. Read more…
READ MORERegion slow to capitalize on innovation funding, The Knoxville News Sentinel – 6/06/11
Lenoir City native and University of Tennessee alumnus Eric Dobson returned to Knoxville four years ago to build a company from a technology-based idea to better monitor and secure shipping containers. Drawn by a local investor ‘ready to back a great idea,’ Dobson relocated from Charleston, S.C., where he worked in the radio frequency identification
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