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Waste Pro announces a new $25 million senior credit facility

Waste Pro has closed on a new $25 million credit facility. The funds will be used for future acquisitions, for internal growth and to retire debt assumed with prior acquisitions.

Based upon Waste Pro’s sound financial history, very favorable interest rates were obtained. This will further enhance Waste Pro’s growth and profit capability by creating a significant reduction in overall interest costs.

In the past thirty- (30) days Waste Pro has opened its transfer station in St. Augustine, FL and started up new five- (5) year hauling contracts with both St. Lucie County and the City of Fort Pierce, serving 29,000 residences with an annual revenues of $3.4 million.