LiftHigh Crane & Rigging amended and expanded its revolving line of credit facility, increasing total borrowing capacity from $10 million to $20 million. The amended facility was completed with The Huntington National Bank.
The expanded credit facility will support LiftHigh’s continued capital investment strategy, fleet growth and geographic expansion initiatives as the company continues to strengthen its presence across the Mid-Continent and Gulf Coast regions.
As part of this growth strategy, LiftHigh also plans to establish a new Central Texas branch. The new branch positions LiftHigh between the Austin and San Antonio metropolitan areas. The location will provide crane services, specialty rigging, secure indoor and outdoor storage, and project staging support for clients in manufacturing, infrastructure, power generation, telecommunications, commercial construction, energy and expanding AI and data center markets.
“Expanding our credit facility provides additional flexibility to continue investing in our people, equipment, and regional growth strategy,” Mike Appling Jr., CEO of LiftHigh, said. “Central Texas represents an important market for LiftHigh as we continue building a regional platform focused on safe execution, specialized equipment and reliable service.”
Brad Hopper, chief financial officer of LiftHigh, added, “Once again, it has been a pleasure to work with the team at The Huntington Bank. We truly appreciate their support of LiftHigh and ability to efficiently get the things done that matter to our business.”
Sam Land, branch manager for LiftHigh, said, “This is an exciting time at LiftHigh Crane. The expansion of our credit facility is a tremendous milestone this early in our company’s history as we continue growing into the San Antonio and Austin markets, while expanding our business culture across Texas.”
Blake Patterson, senior vice president, Huntington Bank, added, “It has been a pleasure working alongside the LiftHigh team as they successfully execute their growth strategy across Texas. We are proud to partner with proven operators in this space. Our relationship with LiftHigh reflects Huntington’s broader commitment to expanding our presence across the state. We look forward to supporting their continued momentum as they enter their next phase of growth.”
