Case Study: Crane Rental Service, Inc. achieves greater liquidity and competitive financing with Pitney Bowes

Crane Rental Service, Inc. - Customer Case Study

Crane Rental Service, Inc., a woman-owned crane rental, rigging, and trucking company serving Southern California, needed to replace several cranes due to regulatory changes and wanted to diversify its financing sources. To avoid relying on a single lender, the company turned to Pitney Bowes Bank to refinance an existing crane loan and explore funding for new equipment.

Pitney Bowes Bank structured a refinance with terms nearly a full percentage point lower than the prior rate and helped finance the purchase of the replacement cranes. The solution freed up operating cash, shortened the loan term, and delivered a competitive financing package aligned with Crane Rental Service’s long-term goals.

Crane Rental Service, Inc.

Cathy Greinke

President