Merlo America and First Citizens Bank Launch New Vendor Finance Agreement for Equipment Financing

Merlo America and First Citizens Bank Join Forces

On June 25, 2025, Merlo America LLC and First Citizens Bank Equipment Finance made a significant announcement regarding a new vendor finance agreement tailored for Merlo customers. This collaboration aims to provide customers with flexible leasing and lending solutions specifically for acquiring new construction and agricultural equipment, further enhancing accessibility to needed resources in these sectors.

Based in Rock Hill, South Carolina, Merlo America is a subsidiary of Italy's Merlo S.p.A, a renowned family-owned industrial group known for its innovation in agricultural and construction machinery. The company is recognized as a pioneer in the design and manufacturing of multi-use telehandlers and various equipment tailored to meet the diverse needs of agricultural and construction industries.

Cole Renken, the General Manager of Merlo America, emphasized the substantial value that their telehandlers provide. He stated, “Our telehandlers and other equipment deliver enormous value to customers who prize quality, reliability, and performance.” Renken expressed enthusiasm about the partnership with First Citizens Bank Equipment Finance, recognizing its potential to empower clients in acquiring essential machinery required to expand their businesses.

Harold Ray, who leads the construction finance group at First Citizens Bank Equipment Finance, expressed optimism about this new relationship, underscoring Merlo America’s reputation for high-quality telehandlers.