ESI Energy Services Inc. announced that the company has raised approximately $4,963,600 in long-term fixed rate debt by way of first mortgages on two real estate properties located in Phoenix, AZ, USA and Leduc, AB, Canada. Both mortgages are secured by a first charge on land and buildings. The mortgages have an average combined rate of interest of 3.4% over a 5 year term with amortization rates of 20 years. Both mortgages were funded in late December 2020. Proceeds of the mortgages will be used to provide ongoing working capital for the company.