LiftHigh gains capital support from Cadence Bank for fleet growth

Houston, Texas, USA-based LiftHigh Crane & Rigging has secured a revolving credit facility with Cadence Bank, a move the company says will support its expansion plans and provide greater financial flexibility. The financing will enable LiftHigh to continue scaling its new crane fleet and expand service capabilities for industrial, commercial and infrastructure projects across Texas and surrounding regions.

Pictured left to right: Sam Land, LiftHigh Branch Manager; Mike Appling Jr., LiftHigh CEO; Brad Hopper, LiftHigh CFO and Blake Patterson, Cadence Bank Senior Vice President of C&I Houston.

“From the beginning, Cadence was very pleasant to work with and reasonable in their approach,” said Brad Hopper, CFO, LiftHigh. “We’re all looking forward to a strong relationship and some amazing growth.”

Company leadership noted that the credit facility represents a major step forward in LiftHigh’s growth strategy and reflects Cadence Bank’s confidence in supporting a crane services company at an early stage of development.

Blake Patterson, Senior Vice President of C&I Houston at Cadence Bank, said the partnership reflects the bank’s commitment to regional business development.

“The line of credit will provide LiftHigh the flexibility to execute on its growth strategy while supporting the needs of the community,” said Blake Patterson, senior vice president of C&I Houston, Cadence Bank. “By ensuring access to capital, we are helping create jobs, strengthening local businesses and fostering long-term economic opportunities.”