LiftHigh Crane & Rigging Secures Revolving Credit Facility with Cadence Bank
LiftHigh Crane & Rigging, LLC has secured a revolving credit facility with Cadence Bank, providing additional liquidity to support the company’s growth and expansion.
“From the beginning, Cadence was very pleasant to work with and reasonable in their approach,” said Brad Hopper, Chief Financial Officer of LiftHigh. “We’re all looking forward to a strong relationship and some amazing growth.”
LiftHigh, a Texas-based crane and rigging services provider, said the financing will help the company continue scaling its fleet and expanding service capabilities for industrial, commercial and infrastructure projects.
“Cadence Bank has been a great partner to me personally for many years and with multiple companies. This facility is a big step forward in our growth plans. It is a testament to Cadence Bank, our relationship and partnership, that they would back a crane services company in its infancy. We appreciate their partnership and support,” the company stated.
Blake Patterson, Cadence Bank Senior Vice President of C&I Houston, added: “We are excited to announce the closing of the revolving line of credit for LiftHigh. The line of credit will provide LiftHigh the flexibility to execute on its growth strategy, while supporting the needs of the community. By ensuring access to capital, we are helping create jobs, strengthening local businesses and fostering long-term economic opportunities. At Cadence, we value developing long-term relationships with companies like LiftHigh.”
The revolving credit facility positions LiftHigh to grow its crane rental and rigging services across Texas and into additional markets.