EnviroCap

EnviroCap is a privately held accounts receivable funding company located in Tampa Florida. The Company began its operations in 1998 as the pioneer and inventor of financing the clean-up of underground storage tanks that were eligible for reimbursement by State sponsored UST Trust Fund reimbursement programs. Since its inception, EnviroCap continue... s to be the industry leader and dominant player in UST clean-ups. The Company has funded over $600 million in UST reimbursement claims to responsible parties and remediation contractors participating in 23 State UST programs. Although UST Trust Fund financing remains a core part of our business, EnviroCap has continuously sought to identify other underserved accounts receiving funding markets that have the following attributes: Accounts receivable that are due from governmental agency. Accounts receivable due from large companies with net worth $50 million. Other short-term bridge funding needs in which the payment source is well defined. Based on the criteria above, past examples of our unique funding capabilities include: (i) over $40 million to contractors providing clean-up for hurricane damage from Katrina and Ike; (ii) over $30 million of accounts receivable funding to clean-up contractors for the Gulf oil spill; (iii) over $400 million to foreign based contractors in Iraq and Afghanistan performing services on U.S. funded projects and (iv) over $5 million in funding for SBA bridge loans awaiting permanent funding from SBA bond debenture sales. If you have receivables that meet the criteria above (or have similar attributes), please call us to discuss your needs. NOTE - EnviroCap has two affiliates that provide traditional asset based loans and commercial real estate & SBA loans. Contact us or call 813-341-3650 ext 101.Read More