Tech Capital, LLC Provides $10 Million Asset-Based Line of Credit to Taronis Fuels, Inc.
Tech Capital, LLC, the asset-based finance company and wholly owned subsidiary of Tech CU, announced today it has provided a $10 million asset-based revolving line of credit to Taronis Fuels, Inc., a publicly traded company based in Peoria, Arizona and a global producer of renewable and socially responsible fuels. The loan will support Taronis Fuels’ expansion and development.
Dr. Deepti Jaggi Joins Tech CU’s Board of Directors
Becomes Member of Compensation
Committee
San Jose, Calif. – June 25, 2020 – Tech CU (Technology Credit Union) is pleased
to formally announce the appointment of Dr. Deepti Jaggi to its Board of
Directors. Deepti joined Tech CU’s board in January 2020 and is a member of its
compensation committee.
Tech CU Partners with SunPower to Provide $1 Billion in Solar Financing
The New Four-Year Commitment Continues Tech CU’s Momentum in Funding
Green Energy
San Jose, Calif. – May 5, 2020 – Tech CU (Technology
Credit Union) announced today it will provide $1 billion in financing for residential solar loans via a partnership with SunPower, a sustainable energy company that provides
customers with complete solar solutions and services.
Tech Capital, LLC Hires Randall Haney as its Vice President of Business Development
Haney to Drive Tech Capital’s Business
Development Strategy
San Jose, Calif. – April 2, 2020 – Tech
Capital, LLC, the asset-based finance company and wholly owned subsidiary of
Tech CU announced today that Randall Haney has joined the company as its new
Vice President of Business Development. In his role, he will be responsible for
business development.
Tech CU Expands its Commercial Banking Relationship with Keep IT Simple
Keep IT Simple Adopts Tech CU’s Full Suite of Commercial
Banking Products
San Jose, Calif. – March 11, 2020 – Tech CU (Technology
Credit Union) today announced that it has expanded its commercial banking relationship with Keep IT Simple, a company focused
on helping other businesses solve complex IT challenges. Based in the Bay Area
for more than 30 years, Keep IT Simple is now using Tech CU’s full commercial
cash management suite, including:
Tech CU Provides $14.7 Million Construction Loan to Eastwood Development, Inc.
Loan will
be used to develop four two-unit luxury condominium buildings and one
single-family residence
San Jose, Calif. – January
30, 2020 – Tech CU (Technology Credit Union) today announced that
it is providing a $14.7 million construction loan to Eastwood Development, Inc.
The loan will fund the development of four two-unit luxury condominium
buildings and one single-family residence in the Potrero Hill neighborhood in
San Francisco, Calif. The
project’s site is significantly above street level, so construction of the
project will require excavation and the removal of more than 6,000 cubic yards
of soil and rock. The project is also the
largest Eastwood Development has undertaken to date.