New York State industry spends millions of dollars each year on environmental infrastructure projects. Whether these projects are undertaken to comply with federal and state environmental laws, regulations or permits, or to provide pollution control or new/expanded environmental facilities, they have a significant influence on a company’s balance sheet.
Since 1970, the New York State Environmental Facilities Corporation's (EFC) Industrial Finance Program (IFP) has helped its clients manage their wastes, control pollution, build and improve drinking water, waste water and solid waste facilities, and comply with environmental regulations. Through IFP, EFC has loaned over $740 million to New York businesses, enabling them to borrow at a lower cost than conventional financing options.
