First Citizens Bank and Anderson UnderBridge Launch Vendor Financing Program to Expand Bridge Access Equipment Market
August 6, 2025
Source: First Citizens Bank
JACKSONVILLE, Florida — Aug. 6, 2025 — First Citizens Bank today announced a major new vendor finance agreement with Anderson UnderBridge, based in York, South Carolina, a leading provider of underbridge access equipment that helps contractors, engineers and transportation departments work faster, safer and smarter on complex bridge projects.
The new agreement with First Citizens’ Equipment Finance business makes it easier for Anderson UnderBridge customers to obtain financing to buy or lease underbridge access equipment – enabling safer, faster and more cost-effective bridge inspection, maintenance and repair operations. Anderson UnderBridge is a portfolio company of Compass Group, a St. Louis-based private investment firm.
“Our mobile underbridge equipment offers customers a variety of innovative ways to conduct bridge maintenance-related activities, even in hard-to-access conditions,” said Anderson UnderBridge CEO Jamie Roush. “We are pleased to collaborate with First Citizens Equipment Finance, a leader in the construction equipment financing sector, to bring financing opportunities to new and existing customers as we continue to grow our business and expand our footprint.”
“Anderson UnderBridge is a large and growing provider with a reputation for engineering excellence, innovative equipment products and outstanding service,” said Scott Lynch, senior vice president at First Citizens Bank Equipment Finance. “We look forward to a long and mutually productive relationship in serving Anderson UnderBridge and their customers.”
First Citizens Bank's Equipment Finance group empowers original equipment manufacturers, vendors and small and mid-size businesses by providing equipment financing solutions via a distinctive inside/outside sales coverage model, seasoned supporting staff, technology-enabled platforms and market-leading structuring expertise.
About Anderson UnderBridge
Anderson UnderBridge, headquartered in York, South Carolina, is a U.S. manufacturer and rental partner specializing in mobile underbridge access equipment for inspection, maintenance, and repair. Built to improve safety, speed, and simplicity to challenging bridge work, Anderson has grown into a trusted one-stop provider for contractors and DOTs across North America. The company’s lineup of trailer- and truck-mounted units features rapid deployment, compact single-lane setups, and innovative rotating platform technology designed to keep crews moving and projects on track.
About First Citizens Bank
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of branches and offices nationwide; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500™. Discover more at firstcitizens.com.
