News

Lift It Rentals Increases Credit Facility to $29.5 million

CHARLOTTE, NC – October 15, 2019— Lift It Rentals, LLC, (“Lift It”) a leading Equipment-as-a Service provider, announced today that it has amended and increased its credit facility to $29.5 million with First National Bank, the largest subsidiary of F.N.B. Corporation (NYSE: FNB). Lift It continues to experience strong demand for its specialized material handling equipment within the construction, energy, and infrastructure markets. With over 200 machines in its fleet and 100% utilization, the Company will use its increased capital availability to fund new additions to its rental fleet and grow its equipment financing product lines. Lift It customers across…