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Capital (as opposed to consumer) credit is the kind of credit that serious investors are issued in order to purchase wealth-producing capital assets such as stocks, bonds, commercial real estate, machinery, copyrights, and patents, etc. It’s a variety of credit that is issued with a relatively low interest rate that allows the investor to pay off the loan in a relatively predictable amount of time.

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©2015 Bloomberg View NZTC906S972D (Bloomberg View) — SunEdison. If you haven’t been following the SunEdison story, let me commend it to you, because it is bonkers. The basic setup is that you’ve got SunEdison, a public company that develops renewable power projects, and you’ve got its two yieldcos, TerraForm Power and TerraForm Global.

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