KOIL Energy secures USD 5 million asset-based revolving credit facility with nFusion

KOIL ENERGY SOLUTIONS INC

KOIL ENERGY SOLUTIONS INC

KLNG

0.00

  • Koil Energy Solutions closed a USD 5 million asset-based revolving line of credit with nFusion Capital Finance.
  • Proceeds will be drawn as needed to fund working capital, expand its rental equipment fleet, and replace a prior receivables factoring arrangement with a commercial bank.
  • The factoring arrangement has been repaid in full and terminated, leaving the company with no outstanding financial debt other than lease obligations.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Koil Energy Solitions Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605220830PRIMZONEFULLFEED9725149) on May 22, 2026, and is solely responsible for the information contained therein.