Accounts Receivable Financing- Cleantech

Accounts Receivable Financing- Cleantech exploreswindows for superior insulation- this is cleantech.
the emerging definitions of "cleantech" and world ofOther cleantech examples are wind turbines,
"cleantech industries" at a time when the world isfuel-efficient engines, geothermal energy,
increasingly concerned with global warming, ourenergy-efficient appliances and water treatment
energy supply and pollution. Accounts receivablesystems.
financing may be an important source of funding forThe momentum of cleantech is growing because of
cleantech industries when banks and ventureinternational political issues such as climate change,
capitalists are unwilling to provide capital for growthenergy security issues and concerns about CO2
to new and significantly risky companies andemissions. Consumers are demanding faster, cheaper,
technologies. Look at the headlines in yourlighter and cleaner products. Large corporations are
newspaper. Environmental concerns are majorresponding with greening efforts. The potential
concerns today and every day: people are worriedgrowth in the cleantech industry is a worldwide
about the price of gas; scientists and governmentsopportunity for business of all sizes to participate in a
are debating the issue of global warming and what tohuge marketplace. Entrepreneurs have unprecedented
do about it; stories abound regarding solar energyopportunities to create transformative technologies in
and other alternative energy sources such as nuclearthe cleantech industry.
energy, biodiesel fuel production, and energyCleantech starts with an idea, an entrepreneur, and a
produced by wind farms. The price of a gallon of gasnew business to incubate a technology, a processes
and how many miles to the gallon a particular car canor an innovation. Until the company has proven the
achieve- both are familiar topics. The quality of our airtechnology and has significant revenue and growth, it
is reported regularly and in some areas alerts areis unlikely to draw attention from large industrial
posted on particularly polluted air days. The purity ofconglomerates, angel investors or venture capitalists.
our water and whether or not we will have enoughEntrepreneurial start-ups have a much higher risk
water for humans and agriculture are serioustolerance to nurture fledgling technology and retain
concerns. Is it any wonder that world wide concernsthe talent that start-ups attract. Accounts receivable
regarding our environment are subjects of intensefinancing can provide capital for start-ups to achieve
debate today? What are governments andprofitability when other types of financing are not
businesses doing about these issues? What isavailable.
cleantech? According to the Cleantech Group:The dominant cleantech markets are solar energy,
"Cleantech is any knowledge based product orefficiency technologies (sensors, monitoring and
service that improves operational performance,control devices), energy storage, and water
productivity or efficiency; while reducing costs, inputs,technologies. The emergent cleantech markets are
energy consumption, waste or pollution." In otherbio-based materials, marine energy technologies,
words, cleantech may be a product, a technology, orsuperconductors and waste-reducing plasma
an application (way of doing things) that achievestechnologies. Government subsidies may be a blessing
environmental and social goals with economic benefitsand potential curse because if removed, an entire
superior to the status quo.industry economically based on subsidies such as the
Another definition by Diana Propper of Expansionsolar energy industry might go bankrupt. The
Capital Partners states: "On one side, cleantech iscreativity and ingenuity of small entrepreneurs cannot
really about resource efficiency and productivity inbe underestimated. They will invent ways to make
supply- how to manufacture and produce to saveproducts, services, and processes cheaper, faster,
energy, water, materials, etc. On the other side,longer and cleaner. As soon as they can bring these
these technologies are enhancing the bottom line ofinnovations to market and receive purchase orders
customers." Solar energy, subsidized by governmentfor sales, accounts receivable financing companies will
and the Prius automobile come to mind.take the financing risks by purchasing the receivables
Thomas L. Friedman in the New York Times, Januarywhich will create virtually unlimited capital for growth.
2006 said: "Sorry, but being green, focusing theExponential growth for business is needed in a world
nation on greater energy efficiency and conservation,that needs exponential growth of cleantech.
is not some girlie-man issue. It is actually the mostAttention: entrepreneurs! Here is a partial list of
tough-minded, geo-strategic pro-growth and patrioticbusinesses that need cleantech innovation: car
thing we can do."batteries, hybrid engines, lighting, toys, photograph
The meaning of cleantech is changing withtools, appliances, watches, calculators, medical
innovations and new thinking. For instance, pollutedequipment, diving equipment, cell phones, cordless
land, called brownfields, may be remediated i.e.phones, portable computers, power tools, industrial
cleaned up into greenfields- land suitable for homes orinstruments, cranes, elevators, portable power
industry- this is cleantech. New technologies likegenerators, lawn care equipment and energy storage
sensors, monitors and scrubbers to reduce pollutiondevices. Opportunities abound.
from factories in Singapore that manufactureThe bottom line: as the meaning of cleantech
semiconductors- this is cleantech. Fuels for cars thatexpands so do the opportunities for entrepreneurs.
pollute less like electric cars or ethanol engines- this isAccounts receivable financing may be the capital
cleantech. Energy efficient light bulbs and double panesource to help you succeed in the cleantech industry.