ABLE receives increase on asset-based loan

Lindsey Anderson Editor, Access, Lift & Handlers

19 May 2022

ABLE Equipment Rental, Inc.  announced an increase to its existing Asset Based Loan with M&T Bank as Lead Arranger and Administrative Agent. The $175 million facility is now comprised of a $125 million revolving line of credit along with the original $15 million term loan facility. Additionally, the transaction continues…

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