M-Core™ Credit Corporation is a full service asset based lender, primarily focused on financing energy retrofits, sustainable energy projects, and equipment for multi-family housing and businesses.
M-Core™ Credit Corporation™ is the oldest and most experienced lender to energy savings and energy retrofit projects in the multi-family and commercial segments, having financed energy savings and sustainable energy related projects since the 1990’s. We did not just enter this arena because it is fashionable today and we had nothing else to do. These projects have included multi-family buildings, commercial buildings, Federal Housing Authorities, School Districts and Corporations around the country.
Mr. Weisberg founded M-Core™ Credit Corporation in 1992 ( www.m-corecredit.com ). Prior to commencing the full time operation of M-Core™ Credit Mr. Weisberg served as one of two officers’ in-charge of BLT Leasing Corporation in New York City. BLT Leasing was a wholly owned subsidiary of Bank Leumi Trust Company of New York. During his tenure Mr. Weisberg helped grow the portfolio from $30 million to $250 million.
M-Core™ customers include equipment vendors and installers, small to large middle market companies, utilities, municipalities, banks and New York Stock Exchange listed fortune 1,000 companies. M-Core™ has provided financing for energy projects to many schools within New York State, and public housing Authorities throughout the country.
Our partners in the energy group include several Utility companies, ESCO’s, Law firms specializing in Energy financing and energy equipment vendors and installers.
In 1996 M-Core™ Credit Corporation began an exclusive relationship with Community Bank Of Sullivan County (now called Catskill Hudson Bank) to provide equipment financing services to their client base.
In 1997 M-Core™ Credit was chosen to operate Valley Credit Services, for Valley Resources in Cumberland, Rhode Island. Valley Resources is the gas utility in Rhode Island. M-Core™ created and ran Valley Credit Services to provide equipment financing to the Utilities commercial customers.
In 2000 M-Core™ Credit was awarded the privilege to create and operate HVB Leasing Corp. HVB Leasing Corp. is a wholly owned subsidiary of Hudson Valley Bank headquartered in Yonkers, NY. Hudson Valley Bank is a $3 billion plus bank serving the New York Metro area. Michael Weisberg was named an officer and President of HVB Leasing. In 2007 Mr. Weisberg was named to the Business Development Board of Hudson Valley Bank.
In 2012 M-Core was selected to operate the Connecticut Energy Efficiency large Commercial and Industrial Financing Program by the Northeast Utilities (primarily Connecticut Light & Power, United Illuminating and Yankee Gas)
Mr. Weisberg has become an expert on and practical everyday real world energy savings related project financing and the NYSERDA Loan Programs. M-Core™ Credit has successfully funded many multi-family buildings including Co-ops, Condominiums and Commercial building energy projects. He sits on several advisory boards including New York City’s Mayor Bloomberg’s Clean Heat Task Force, New York State’s NYSERDA Green Jobs Green New York Advisory Board and NREL’s (National Renewable Energy Lab) Banking on Solar Working Group.
Additional primary executive staff includes:
Susan C. Glantz overseeing business development in the Lease Finance Group and New England region energy project finance program. Suzy, a graduate of the Wharton School at the University of Pennsylvania, brings 30 years of leasing experience to M-Core™.
John G. Puma overseeing business development in the Energy Project Finance Group. Mr. Puma heads up the Strategic Business Development initiative for the Energy Project Finance Group for M-Core Credit. His focus is on developing and implementing finance programs for State Energy Agencies and Utility Companies. He also supports numerous individual projects in the region.