Fifth Third Bank Supports Quantum Fuel Systems With a New $14.5 Million Asset Based Lending Credit Facility

Fifth Third Bank announced it provided a $14.5 million asset-based lending facility for  Quantum Fuel Systems to support working capital and capital expenditure growth.

About Quantum Fuel Systems

Quantum Fuel Systems LLC is engineering the future of alternative fuel storage by designing, developing, and bringing innovative transport trailers, and industry-leading Type 4 cylinders for hydrogen, CNG and RNG to market. Quantum is at the forefront of the industry with decades of experience in mobile gaseous fuel storage and systems solutions. Learn more at www.qtww.com.

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol “FITB.” Investor information and press releases can be viewed at www.53.com.

Credit products are subject to credit review and approval and mutually acceptable documentation. In the United States deposit and credit products offered by Fifth Third Bank, National Association. Member FDIC.   Equal Housing Lender.