Navigating the Environmental Due Diligence and Investigation Process in SBA Lending

Written by Darci Thomas Cummings, L.P.G., Project Manager, EnviroForensics.

As seen in the November 2011 issue of Cleaner & Launderer.

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If you are currently considering purchasing a commercial property, expanding your existing business, or are in the market to sell your current business or commercial property, you have likely considered the lending opportunities available in today’s challenging economy.  Borrowing options became limited as small business and business banking lending came to a near grinding halt in 2008.  In September of this year, 13 major U.S. banks pledged to increase government-backed Small Business Administration (SBA) small business lending by $20 billion over the next three years in an attempt to stimulate the economy.  In addition, local banks, regional banks, and even credit unions have begun taking advantage of SBA loan programs as a means of extending lending options to small business owners.  If you choose to secure financing through an SBA loan program, you may face challenging environmental due diligence and environmental investigation requirements for your business venture.  Continue reading “Navigating the Environmental Due Diligence and Investigation Process in SBA Lending”

How The Cost Of Cleanup Can Be Controlled By Things You Cannot Control

Land Use And Geology As Hidden Variables

Written by Keith Gaskill,  L.P.G., Project Manager and Geochemist, EnviroForensics, in collaboration with Steve Henshaw, P.G., President & CEO, EnviroForensics.

As seen in the October 2011 issue of Cleaner & Launderer.

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I am often asked by drycleaners how we will do the clean up and what will be the costs? It is almost always impossible to say at the onset because almost every situation is unique with a number of variables.

Environmental contamination from dry cleaning facilities is ob­served commonly. Historical spills and releases, from outdated machin­ery and outdated hazardous material handling practices are examples of the causes that may have impacted the soil and groundwater below such facilities.

Unfortunately, the amount of material released into the subsurface and the time duration during which it was released are not the sole in­dicators of the resources required to remediate the impacted media. The cost of cleanup is determined by a complicated combination of variables. For instance, if a gallon of Perc is spilled at Site A and at Site B, the cost of cleanup may be vastly greater at Site B based on the type of geology below the ground and/or the type of current use of the land at the surface. Continue reading “How The Cost Of Cleanup Can Be Controlled By Things You Cannot Control”

The Unbalanced Cost of PCE Spills

Written by Jeff Carnahan, L.P.G., Senior Project Manager, EnviroForensics.
As seen in the August 2011 issue of Cleaner & Launderer

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As nearly all dry cleaners have become keenly aware, the use of tetrachloroethylene (PCE) in the textiles industry and the management of wastes resulting from its use have become as heavily regulated as nearly any other industrial chemical to date.  In fact, environmental concerns resulting from the current or historical use of PCE are practically as common as those arising from gasoline stations.  As discovered by an increasing number of dry cleaner owners or operators; however, the amount of time and money that is required to investigate and ultimately clean-up sites that have been impacted with PCE can be several times higher than at typical gas station sites.  Additionally, it seems that PCE releases are on every regulator’s radar these days.  This article discusses a few of the complicating factors about PCE releases that make them so unique.  Continue reading “The Unbalanced Cost of PCE Spills”

Maximizing Your Business Asset

Written by Stephen Henshaw, P.G., President & CEO, EnviroForensics
As seen in June 2011 issue of Cleaner & Launderer

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Just a few short years ago it was nearly impossible for me to have an open and honest discussion with dry cleaners about the possibility that soil and groundwater beneath their business might be impacted with dry cleaning solvents. Understandably, dry cleaners were scared that the value of their business would be diminished if such conditions existed. Environmental investigations and cleanups can be costly and legal bills alone are more than many businesses can afford. Hiding one’s head in the sand does little to build or preserve a business as an asset.

Over the years I have preached the merits of looking for old insurance policies, normal everyday comprehensive general liability (CGL) policies, to see if they can be utilized to assist in funding site investigation and remediation costs. Even though we have countless success stories in this unique, specialized business area of finding the funding to pay investigation and cleanup costs, rarely a week goes by where we discover a dry cleaner that is either unaware that old policies have great value or they think that there is a better day ahead to implement this strategy. The reality is that with few exceptions, there is no time like the present. Continue reading “Maximizing Your Business Asset”

Zero-Valent Iron Shows Promise As a Strong Chemical Reducer of Perc

Written by Steve Henshaw, P.G., President & CEO, EnviroForensics, in Collaboration with Keith Gaskill, L.P.G., Project Manager and Geochemist, EnviroForensics
As seen in the May 2011 issue of Cleaner & Launderer

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Zero-valent iron (ZVI) has been used in the groundwater remediation industry for several decades.  Typically, granular scale ZVI was emplaced in trenches serving as a permeable reactive barrier wall, whereby contaminated groundwater would flow through the wall and volatile organic compounds (VOCs) like Perc would react with the material and breakdown.

This technology worked so well that scientists started applying the ZVI into contamination source areas and hot spots.  Recent advances have produced smaller scale iron particles that can be mixed into a slurry and pumped into the ground through the use of pre-existing injection technologies.  Continue reading “Zero-Valent Iron Shows Promise As a Strong Chemical Reducer of Perc”