                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K



     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934



         Date of Report (Date of earliest event reported): July 30, 2010


                    ENVIRONMENTAL SERVICE PROFESSIONALS, INC.
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)


                                     NEVADA
                  --------------------------------------------
                 (State or other jurisdiction of incorporation)


          1-14244                                    84-1214736
--------------------------------------------------------------------------------
 (Commission File Number)                  (I.R.S. Employer Identification No.)

              810 N. FARRELL DRIVE, PALM SPRINGS, CALIFORNIA 92262
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               (Address of principal executive offices) (Zip Code)

                                 (760) 327-5284
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              (Registrant's telephone number, including area code)


--------------------------------------------------------------------------------
              (Former name, former address and former fiscal year,
                          if changed since last report)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions.

[_]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR240.14d-2(b))

[_]  Soliciting  material  pursuant  to  Rule  14a-12  under  Exchange  Act  (17
     CFR240.14a-12)

[_]  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR240.14d-2(b))

[_]  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR240.13e-4(c))


<PAGE>




                                TABLE OF CONTENTS


SECTION 2.   FINANCIAL INFORMATION.............................................1

                 Item 2.03 Creation of a Direct Financial Obligation...........1

SECTION 9.   FINANCIAL STATEMENTS AND EXHIBITS ................................1

SIGNATURES.....................................................................2

<PAGE>

SECTION 2.    FINANCIAL INFORMATION

         Item 2.03.   Creation of a Direct Financial Obligation.

         On July 28, 2010,  Environmental Service Professionals,  Inc., a Nevada
corporation (the  "Company"),  received  confirmation  that the Letter of Credit
issued by  Metropolitan  Financial  Holdings  for the  benefit of  Environmental
Service  Professionals,  Inc in the face amount of $200,000,000  USD to secure a
loan (the  "Loan") in that amount  expected to be made to the Company by a third
party lender has been sent and received by the  lender's  bank.  The Company now
expects  the  Loan to be made to it in  approximately  five to  fourteen  (5-14)
banking  days  or  less.  The  net  proceeds  of the  Loan  are  expected  to be
approximately $ 150,500,000 USD, after prepayment of all interest and payment of
Letter of Credit and Loan  origination  fees.  Prepaid  interest and origination
fees were deducted from the gross proceeds of the Loan.

         The Loan is evidenced  by a secured  promissory  note in the  principal
amount of  $200,000,000  USD,  bearing simple  interest at the rate of 4.75% per
annum and having a maturity date one year and 30 days after the date of the Loan
(i.e.  August 28,  2011).  The Loan  interest  is payable in full on the date of
funding,  which was deducted from the Loan proceeds and principal in full on the
maturity  date in US Dollars.  The Loan is secured by a Letter of Credit from an
international  bank  having  a  commercial  rating  of  BBB+ or  better,  in the
principal amount of $ 200,000,000 USD, having a term coinciding with the term of
the Loan.  The Company is paying  separate  compensation  to the provider of the
Letter of Credit  for  making it  available  to the  Company  to pledge for this
transaction.

         A copy of the Loan agreement  including the secured  promissory note is
attached to this Report as Exhibit 10.1.

SECTION 9.        FINANCIAL STATEMENTS, PRO FORMA FINANCIALS & EXHIBITS

         (a)      Financial Statements of Business Acquired

                  Not Applicable.

         (b)      Pro Forma Financial Information

                  Not Applicable.

         (c)      Shell Company Transactions

                  Not Applicable.

         (d)      Exhibits

                  10.1.    Loan   Agreement   between    Environmental   Service
                           Professionals, Inc. and third party lender.




                                      -1-
<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended,  the  registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

                    ENVIRONMENTAL SERVICE PROFESSIONALS, INC.
                   -------------------------------------------
                                  (Registrant)

Date:  July 30, 2010


                   /s/ Edward Torres, Chief Executive Officer
                   ------------------------------------------
                     Edward Torres, Chief Executive Officer



































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