Mazzotta Rentals, Inc. Secures $160 Million Credit Facility to Accelerate Growth and Continue Fleet Expansion
Summary
MIDDLETOWN, Conn., April 8, 2025 /PRNewswire/ -- Mazzotta Rentals, Inc. (MRI), a leading provider of rental equipment solutions serving CT, MA, NY, RI, VT, NH, and ME in the construction, industrial, and infrastructure sectors, today announced it has secured an asset-based loan credit facility with M&T Bank (NYSE:MTB) as lead arranger and administrative agent. "We are thrilled to have the financial backing from M&T Bank to continue scaling our operations, expand our footprint, and meet increasing demand from our customers," said Thomas Caldaroni, Chief Administrative Officer of Mazzotta Rentals, Inc., "This credit facility is a strong endorsement of our performance and overall growth strategy, and it positions us to take advantage of new opportunities in key adjacent markets. "The credit facility, led by M&T Bank, along with a consortium of top-tier financial institutions, reflects strong confidence in MRIs leadership, operational performance, and future trajectory. "MRI has a proven record of strong growth, driven by increasing customer demand working in the general construction and infrastructure development. Known for its customer-first approach and reliable service, Mazzotta rentals, Inc. partners with contractors and businesses across the Northeast to support projects of all sizes.