Merlo America LLC, the North American subsidiary of Italy’s Merlo S.p.A., has entered into a vendor finance agreement with First Citizens Bank Equipment Finance to offer leasing and lending solutions for construction and agricultural equipment, including its line of multi-use telehandlers used in access work.
Headquartered in Rock Hill, South Carolina, Merlo America designs and distributes equipment under the Merlo and TreEmme brands. Their telehandlers serve various industries, from tree care to industrial applications.
Cole Renken, general manager of Merlo America, said their machines provide significant value through quality, reliability and performance. He emphasized that collaborating with First Citizens Bank Equipment Finance offers customers outstanding financing options to acquire the equipment needed to grow their business.
Harold Ray, who heads the construction group at First Citizens Bank Equipment Finance, praised Merlo America’s strong industry reputation and expressed optimism for a long-term partnership that supports customers' business objectives through financing.
First Citizens Bank’s Equipment Finance division specializes in helping OEMs, vendors and small-to-mid-size businesses with flexible equipment financing. They leverage technology-driven platforms and a combined inside/outside sales model to deliver structured financial solutions.
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