/C O R R E C T I O N -- LiftHigh Crane & Rigging, LLC/
LiftHigh Crane & Rigging (NYSE:CADE) has secured a revolving credit facility with Cadence Bank to support its growth and expansion plans. The facility will provide additional liquidity for LiftHigh to scale its new crane fleet and enhance service capabilities across Texas and beyond.
The credit facility aims to support industrial, commercial, and infrastructure projects while creating jobs and strengthening local businesses. Brad Hopper, CFO of LiftHigh, emphasized the positive relationship with Cadence Bank, while Blake Patterson, Cadence Bank SVP, highlighted the bank's commitment to developing long-term relationships and fostering economic opportunities.
LiftHigh Crane & Rigging (NYSE:CADE) ha ottenuto una linea di credito revolving con Cadence Bank per sostenere la crescita e i piani di espansione. L'accordo fornirà liquidità aggiuntiva a LiftHigh per espandere la sua nuova flotta di gru e migliorare le capacità di servizio in Texas e oltre.
La facility si propone di supportare progetti industriali, commerciali e infrastrutturali, creando posti di lavoro e rafforzando le aziende locali. Brad Hopper, CFO di LiftHigh, ha sottolineato la positiva relazione con Cadence Bank, mentre Blake Patterson, vicepresidente senior di Cadence Bank, ha evidenziato l'impegno della banca a sviluppare rapporti a lungo termine e a favorire opportunità economiche.
LiftHigh Crane & Rigging (NYSE:CADE) ha asegurado una facilidad de crédito revolvente con Cadence Bank para apoyar su crecimiento y planes de expansión. La facilidad proporcionará liquidez adicional para que LiftHigh escale su nueva flota de grúas y mejore sus capacidades de servicio en Texas y más allá.
La facilidad de crédito tiene como objetivo apoyar proyectos industriales, comerciales e de infraestructura, a la vez que genera empleo y fortalece las empresas locales. Brad Hopper, director financiero de LiftHigh, destacó la positiva relación con Cadence Bank, mientras que Blake Patterson, vicepresidente senior de Cadence Bank, subrayó el compromiso del banco de desarrollar relaciones a largo plazo y promover oportunidades económicas.
LiftHigh Crane & Rigging (NYSE:CADE)는 Cadence Bank와 신용한 revolving facility를 확보해 성장 및 확장 계획을 지원합니다. 이 시설은 텍사스주 내외의 새로운 크레인 함대를 확장하고 서비스 역량을 강화하기 위한 추가 유동성을 LiftHigh에 제공할 것입니다.
신용시설은 산업, 상업 및 인프라 프로젝트를 지원하는 한편 일자리를 창출하고 지역 비즈니스를 강화하는 것을 목표로 합니다. LiftHigh의 CFO 브래드 호퍼는 Cadence Bank와의 긍정적인 관계를 강조했고, Cadence Bank의 선임 부사장 블레이크 패터슨은 은행이 장기적 관계를 개발하고 경제적 기회를 촉진하는 데 헌신하고 있다고 말했습니다.
LiftHigh Crane & Rigging (NYSE:CADE) a obtenu une ligne de crédit renouvelable auprès de Cadence Bank pour soutenir sa croissance et ses plans d'expansion. Cette facilité apportera une liquidité supplémentaire à LiftHigh pour déployer sa nouvelle flotte de grues et améliorer ses capacités de service au Texas et au-delà.
La ligne de crédit vise à soutenir des projets industriels, commerciaux et d'infrastructure tout en créant des emplois et en renforçant les entreprises locales. Brad Hopper, directeur financier de LiftHigh, a souligné la relation positive avec Cadence Bank, tandis que Blake Patterson, vice-président principal de Cadence Bank, a mis en avant l'engagement de la banque à développer des relations à long terme et à favoriser les opportunités économiques.
LiftHigh Crane & Rigging (NYSE:CADE) hat eine revolvierende Kreditfazilität mit Cadence Bank zur Unterstützung seines Wachstums und seiner Expansionspläne erhalten. Die Fazilität wird LiftHigh zusätzliche Liquidität bereitstellen, um seine neue Kranflotte zu skalieren und die Servicekapazitäten in Texas und darüber hinaus zu verbessern.
Die Kreditfazilität zielt darauf ab, Industrie-, Wirtschafts- und Infrastrukturprojekte zu unterstützen, Arbeitsplätze zu schaffen und lokale Unternehmen zu stärken. Brad Hopper, CFO von LiftHigh, hob die positive Beziehung zu Cadence Bank hervor, während Blake Patterson, Senior Vice President der Cadence Bank, das Engagement der Bank betonte, langfristige Beziehungen aufzubauen und wirtschaftliche Chancen zu fördern.
LiftHigh Crane & Rigging (NYSE:CADE) قد حصلت على تسهيلات ائتمانية revolving من Cadence Bank لدعم نموها وخطط التوسع. ستوفر التسهيلات سيولة إضافية لـ LiftHigh لتوسيع أسطول الرافعات الجديد وتحسين قدرات الخدمة عبر تكساس وما وراءها.
تهدف التسهيلات إلى دعم مشاريع صناعية وتجارية وبنى تحتية مع توفير فرص عمل وتقوية الشركات المحلية. قال براد هوبير، المدير المالي لـ LiftHigh، إن العلاقة مع Cadence Bank إيجابية، بينما أشار بلايك باترسون، نائب رئيس أول في Cadence Bank، إلى التزام البنك بتطوير علاقات طويلة الأجل وتعزيز الفرص الاقتصادية.
LiftHigh Crane & Rigging (NYSE:CADE) 已与 Cadence Bank 获取一个循环信贷额度，以支持其增长和扩张计划。该额度将为 LiftHigh 提供额外流动性，用于扩展其新起重机车队并提升在德克萨斯州及其他地区的服务能力。
该信贷额度旨在支持工业、商业和基础设施项目，同时创造就业机会并加强当地企业。 LiftHigh 的首席财务官 Brad Hopper 强调了与 Cadence Bank 的积极关系，而 Cadence Bank 的高级副总裁 Blake Patterson 强调银行致力于建立长期关系并促进经济机会。
- Secured new revolving credit facility providing additional liquidity
- Enables expansion of brand-new crane fleet
- Supports growth strategy and service capabilities expansion
- None.
In the news release, LiftHigh Crane & Rigging Secures Revolving Credit Facility with Cadence Bank, issued 01-Oct-2025 by LiftHigh Crane & Rigging, LLC over PR Newswire, we are advised by the company of an update to the photo caption. The complete, corrected release follows:
LiftHigh Crane & Rigging Secures Revolving Credit Facility with Cadence Bank
"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."
"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."
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 continue scaling its brand-new fleet of cranes and enhancing service capabilities for industrial, commercial, and infrastructure projects across
About Cadence Bank
Cadence Bank (NYSE: CADE) is a
About LiftHigh Crane & Rigging
LiftHigh Crane & Rigging, LLC delivers safe, reliable, and efficient lifting solutions backed by decades of industry expertise. Founded in 2025, LiftHigh pairs a brand-new fleet of Liebherr and Tadano cranes—ranging from 18 to 770 tons—with the proven experience of industry veterans. Serving commercial, industrial, infrastructure, and energy projects, LiftHigh is guided by its core competencies of safety, service, and respect. With integrity, professionalism, and innovation at the forefront, LiftHigh builds lasting trust by ensuring every project is executed with precision and excellence.
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SOURCE LiftHigh Crane & Rigging, LLC
FAQ
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