Quest Resource Holding and certain of its subsidiaries entered into a loan, security and guaranty agreement for up to $20 million and an equipment loan facility in the principal amount of $2 million.

Citizens Bank served as lender, administrative agent, collateral agent and issuing bank,

Each loan under the ABL facility bears interest at either the base rate plus the applicable margin or the LIBOR lending rate for the interest period in effect, plus the applicable margin. The maturity date of the revolving credit facility is February 24, 2022. The ABL facility replaces the company’s existing senior secured loan facility.

Loans under the equipment loan facility may be requested at any time until February 24, 2019. Each loan under the equipment loan facility bears interest at either the base rate, plus 2.00%, or the LIBOR lending rate for the interest period in effect, plus the 3.00%. The maturity date of the equipment loan facility is February 24, 2022.

Quest provides businesses with one-stop management programs to reuse, recycle and dispose of a wide variety of waste streams and recyclables generated by their businesses.