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yes, lnbits allows for many "funding sources" as we call them. LNbits supports 21 funding sources including LND, CLN and Phoenixd which suits this upgrade idea well.

The could run LND / CLN but might struggle and tbh, my experience has always been that beefier hardware works best for a proper lightning node. So a good approach would be to connect LNbits on this hardware to a local / remote lightning node.

Ofc, Phoenixd would be a very good option and I have run LNbits w/ Phoenixd on similar hardware before and it's worked very well. I have a plan to add Phoenixd to the LNbitsBox as an out of the box funding source option, but it needs some thinking about to make it work well.