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Lift It Rentals Obtains New Credit Facility of $90 Million Fueling Company’s Continued Growth

CHARLOTTE, NC – November 11, 2020 – Lift It Rentals, LLC (LIR) announced today it has closed on a new credit facility of $90 million ($70 million plus a $20 million accordion) which will be used to continue to support the Company’s growth. The syndicated round of financing was led by First National Bank (FNB) of Pennsylvania with participation from IDB Bank, Live Oak Bank and First Merchants Bank. The funding round was oversubscribed. “Despite the challenges of 2020, we’re very pleased to partner with these institutions to finance the expansion of LIR’s business and continue focusing on our opportunity….