NEWARK, N.J. -- Environmental Services of America Inc. said it has arranged for a $5 million credit facility from United Jersey Bank.
A $3 million revolving credit line and a $2 million term loan are involved. The facility replaces a $2.8 million credit line with United Jersey Bank.
Jon Colin, president and chief executive officer of the waste-disposal and cleanup firm, said credit availability is a foundation for the growth expected over the next two years.