LiftHigh Crane & Rigging Secures Revolving Credit Facility with Cadence Bank
LiftHigh Crane & Rigging has secured a revolving credit facility with Cadence Bank (NYSE:CADE) 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 partnership aims to support LiftHigh's expansion in industrial, commercial, and infrastructure projects. Cadence Bank's Senior VP Blake Patterson highlighted that the credit line will help create jobs, strengthen local businesses, and foster economic opportunities.
LiftHigh Crane & Rigging ha ottenuto una linea di credito revolving con Cadence Bank (NYSE:CADE) per supportare la crescita e i piani di espansione. La linea fornirà liquidità aggiuntiva a LiftHigh per dimensionare la nuova flotta di gru e migliorare le capacità di servizio in Texas e oltre.
La partnership mira a sostenere l'espansione di LiftHigh nei progetti industriali, commerciali e di infrastrutture. Blake Patterson, Senior Vice President di Cadence Bank, ha sottolineato che la linea di credito contribuirà a creare posti di lavoro, rafforzare le imprese locali e promuovere opportunità economiche.
LiftHigh Crane & Rigging ha asegurado una línea de crédito revolving con Cadence Bank (NYSE:CADE) para respaldar su crecimiento y planes de expansión. La facilidad proporcionará liquidez adicional para que LiftHigh escale su nueva flota de grúas y mejore las capacidades de servicio en Texas y más allá.
La asociación tiene como objetivo apoyar la expansión de LiftHigh en proyectos industriales, comerciales y de infraestructura. Blake Patterson, vicepresidente senior de Cadence Bank, destacó que la línea de crédito ayudará a crear empleos, fortalecer a las empresas locales y fomentar oportunidades económicas.
LiftHigh Crane & Rigging은 성장을 지지하고 확장 계획을 지원하기 위해 Cadence Bank(NYSE:CADE)와 회전 신용 한도를 확보했습니다. 이 한도는 LiftHigh가 신규 크레인 함대를 확장하고 텍사스 주 및 그 이상에서 서비스 역량을 강화하기 위한 추가 유동성을 제공할 것입니다.
협력은 LiftHigh의 산업, 상업 및 인프라 프로젝트 확대를 지원하는 것을 목표로 합니다. Cadence Bank의 수석 부사장 Blake Patterson은 이 신용 한도가 일자리 창출, 지역 비즈니스 강화, 경제 기회 촉진에 도움이 될 것이라고 강조했습니다.
LiftHigh Crane & Rigging a obtenu une ligne de crédit renouvelable auprès de Cadence Bank (NYSE:CADE) pour soutenir sa croissance et ses plans d'expansion. Cette facilité apportera une liquidité supplémentaire à LiftHigh pour dimensions sa nouvelle flotte de grues et améliorer les capacités de service au Texas et au-delà.
Le partenariat vise à soutenir l'expansion de LiftHigh dans les projets industriels, commerciaux et d'infrastructures. Blake Patterson, vice-président senior de Cadence Bank, a souligné que la ligne de crédit aidera à créer des emplois, renforcer les entreprises locales et favoriser les opportunités économiques.
LiftHigh Crane & Rigging hat eine revolvierende Kreditfazilität mit Cadence Bank (NYSE:CADE) gesichert, um sein Wachstum und seine Expansionspläne zu unterstützen. Die Fazilität wird LiftHigh zusätzliche Liquidität verschaffen, um seine neue Krangflotte zu skalieren und die Servicemöglichkeiten in Texas und darüber hinaus zu verbessern.
Die Partnerschaft zielt darauf ab, LiftHighs Expansion in Industrie-, Handels- und Infrastrukturprojekten zu unterstützen. Blake Patterson, Senior Vice President der Cadence Bank, betonte, dass die Kreditlinie dazu beitragen wird, Arbeitsplätze zu schaffen, lokale Unternehmen zu stärken und wirtschaftliche Chancen zu fördern.
LiftHigh Crane & Rigging قد أمنت خطوط ائتمان دوارة مع Cadence Bank (NYSE:CADE) لدعم نموها وخططها التوسعية. ستوفر هذه التسهيلات سيولة إضافية لـ LiftHigh لتوسيع أسطولها الجديد من الرافعات وتحسين قدرات الخدمة عبر تكساس وخارجها.
تهدف الشراكة إلى دعم توسع LiftHigh في المشاريع الصناعية والتجارية وبنى تحتية. وأبرز Blake Patterson، نائب الرئيس الأول في Cadence Bank، أن خط الائتمان سيساعد في خلق فرص عمل، وتعزيز الأعمال المحلية، وتوفير فرص اقتصادية.
LiftHigh Crane & Rigging 已与 Cadence Bank (NYSE:CADE) 取得一项循环信贷额度，以支持其增长和扩张计划。该额度将为 LiftHigh 提供额外流动性，以扩张其新起重机车队并提升德州及更广范围的服务能力。
这一伙伴关系旨在支持 LiftHigh 在工业、商业和基础设施项目的扩张。Cadence Bank 的高级副总裁 Blake Patterson 指出，信贷额度将有助于创造就业机会、加强当地企业并促进经济机会。
- New revolving credit facility provides additional liquidity for growth
- Partnership with established bank supports fleet expansion plans
- Enables scaling of brand-new crane fleet and service capabilities
- None.
"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
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