Koil Energy Solutions, Inc. entered into a Loan and Security Agreement with nFusion Capital Finance, LLC on May 19, 2026. The agreement provides a revolving credit facility of up to $5.0 million. Availability is based on an advance rate of 85% of eligible accounts receivable. The facility replaces a prior receivables factoring arrangement, which has been repaid in full and terminated. The loan bears interest at the Wall Street Journal prime rate (with a 6.75% floor) plus a 4.75% margin. The facility has an initial 12-month term with automatic one-year renewals. The company paid a 1.0% loan fee on the maximum revolver amount.