$QUES press release detailing Credit Line with Wells Fargo http://www.prweb.com/releases/2015/01/prweb12427890.htm
Quest Solution, Inc, "The Company" (OTCBB: QUES), is pleased to announce that it has secured a revolving credit facility from Wells Fargo Bank in the maximum principal amount of $8,000,000. Specific details related to the transaction will be filed in a Form 8-K with the Securities and Exchange Commission.
“We are pleased to confirm that Wells Fargo, the 4th largest bank in the United States, as our lending partner as we execute the expansion strategy of our business model in core verticals and new markets,” stated Jason Griffith, CEO, Quest Solution, Inc. “Wells Fargo completed a significant due diligence process on the Company and agreed to provide up to $8,000,000 in a revolving line of credit with a three-year commitment to the relationship.”
“We are excited about our new relationship with Quest Solution and BCS and pleased to be able to provide pivotal financing for their business growth,” stated Steve Ogus, Senior Vice President, Loan Originations, Wells Fargo Capital Finance. “The entire company and its strong management team were helpful in making our due diligence process seamless and we look forward to supporting the company in their future business endeavors.”
Griffith added, “We believe Wells Fargo’s support will provide flexibility for growth and further enhance our ability to deliver value to our shareholders.”
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