SONOMA, Calif. Adam Capital Clean Energy Asset Finance, the leading collateral-based lender serving distributive commercial renewable energy developers have announced a partnership with New Resource Bank (NRB). The new partnership will make renewable energy project installation easier for developers by providing much needed capital.

The two Northern California-based organizations are focused on renewable energy and they each bring a complimentary perspective with regard to financing. As part of the partnership, Adam Capital will focus on short-term funding for project installation and will conduct project due diligence on solar, thermal, wind, waste to energy, and biofuel solutions while monetizing government cash incentives. NRB's role is to provide ready-capital access, including a line of credit, to fund the short-term loans needed for renewable energy system installation.

"As a mission-focused bank with the goal of advancing sustainability and renewable energy solutions, we view Adam Capital and its focus on short-term, project-based loans to the clean energy marketplace as invaluable," said Matt Scullin, Vice President, New Resource Bank. "Few lending institutions focus on funding installation-and while it can be complex to assess and capitalize, it is a necessary first step in getting clean tech solutions into the market. The Adam Capital team understands the process and has identified a unique approach for monetizing promised tax incentives and rebates. We're pleased to match our qualified capital resources with their expertise to speed adoption of clean tech solutions."

Adam Capital offers collateralized loans between $250,000 and $3 million to commercial scale renewable energy developers in a mix of applications. By leveraging or collateralizing federal payments and local utility incentives as a source of repayment, the firm is able to provide small energy developers with immediate funds to move forward with project installations.

"Historically, the niche market that we serve has been underserved by the commercial banking industry. That means clean energy developers often lack the capital needed to deploy renewable energy systems. Without access to needed funding, many renewable energy projects remain stalled..," said Adam Boucher, founder and CEO, Adam Capital Clean Energy Asset Finance. "Our focus is on bridging the financing gap. We're pleased New Resource Bank shares our vision."

Once a qualified renewable energy system is installed, the loan from Adam Capital is repaid with funds received from local, state and federal sources. Under its financing model, the firm offers developers either internal leasing or internal loans for 10-200 kilowatt (kw) systems in rebate-rich West Coast markets. By loaning against a new class of assets-the cash incentives and rebates available for renewable energy production such as in California and Arizona-Adam Capital can, in many cases, finance up to 100% of the hard costs of a renewable energy project.

"New Resource Bank is also interested in providing long term financing to Adam Capital's commercially viable solar projects," noted Scullin. "The two organizations are exploring other structures such as having Adam Capital manage the due diligence and administer New Resource Bank funds in a program integrated with municipal property tax assessment financing for energy efficiency and production upgrades."

"The lending that Adam Capital undertakes fills a void that allows the existing incentives to work more effectively," noted Boucher, "ultimately creating jobs, reducing reliance of foreign energy and reducing greenhouse gas emissions."

About Adam Capital:
Adam Capital Clean Energy Asset Finance is the premier collateral based lender providing financing, training and consulting to distributive clean energy developers that serve the residential, commercial rooftop, and small industrial scale markets. With over 50 years of combined experience in collateralized asset lending, law, taxation, and corporate finance, Adam Capital works with energy developers seeking initial funding for the deployment of renewable energy systems. For more information please visit: www.AdamCapital.com or call 1.800.557.5071.

About New Resource Bank:
New Resource www.newresourcebank.com is the bank for people who are leading the way to a more sustainable world. We match an entrepreneurial spirit with a dedication to achieving environmental, social and financial returns. Our mission is to advance sustainability with everything we do-the loans we make, the way we operate, and our commitment to putting deposits to work for good.

To learn more about Adam Capital Clean Energy Asset Finance, LLC: visit our Web-site at www.AdamCapital.com or reach us by phone at 800.557.5071