Merlo America LLC and First Citizens Bank Equipment Finance announced a new vendor finance agreement that will provide Merlo customers with leasing and lending solutions to secure new construction and agricultural equipment.
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Headquartered in Rock Hill, South Carolina, Merlo America is the North American subsidiary of Italy-based Merlo S.p.A, a family-run industrial group that designs, produces and markets its own products under the “Merlo” and “TreEmme” brands.
The parent company is a leading producer of multi-use telehandler and other machinery for agricultural, tree care, industrial and construction applications.
“Our telehandlers and other equipment deliver enormous value to customers who prize quality, reliability and performance from their equipment,” said Cole Renken, General Manager of Merlo America.
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“Our company is pleased to collaborate with First Citizens Bank Equipment Finance to provide our clients with outstanding financing options that will empower them to acquire the equipment needed to operate and grow their businesses,” he continued.
“Merlo America is widely recognized throughout the industry for its accomplishments in supplying top-quality telehandlers and other construction and agricultural equipment,” said Harold Ray, who leads the construction group at First Citizens Bank Equipment Finance. “We look forward to a long and successful relationship with Merlo and its clients in providing financing options that best meet their business objectives.”
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First Citizens Bank’s Equipment Finance group empowers original equipment manufacturers, vendors and small and mid-size businesses by providing equipment financing solutions via a distinctive inside/outside sales coverage model, seasoned supporting staff, technology-enabled platforms and market-leading structuring expertise.
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Source: globenewswire
