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1,000,000

Capital Lease

Farming

September 2018

A Michigan farm needed working capital to continue their daily operations. Within three days of the initial request, Utica provided a $1,000,000 capital lease based on the Company’s machinery and equipment, bringing their total funding to date to over $7,500,000.

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$1,600,000

Capital Lease

Oil Field Services

June 2018

An oil field services company with operations in Texas and Oklahoma needed working capital to expand their operations. They turned to Utica for a $1,600,000 capital lease secured by their machinery and equipment. The Company now has the flexibility they need to seek new opportunities and grow their business.

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$500,000

Capital Lease

Mining Company

June 2018

To continue operations and grow their business, a Kentucky above ground mining company needed additional working capital. Utica helped them capitalize on the collateral value of their assets to provide a $500,000 capital lease secured by heavy machinery.

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$1,100,000

Capital Lease

Farming

June 2018

A current Utica client, this Michigan farm needed funding quickly to run their daily operations. Within seven days of their initial request, Utica helped them unlock the value of their machinery and equipment with a $1,100,000 capital lease, bringing their total funding to date to over $4,500,000.

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$450,000

Capital Lease

Logistics Company

June 2018

A Michigan logistics company needed working capital to run their daily operations and purchase new equipment. Utica responded with a $450,000 capital lease that allowed the Company to keep their business moving and help their clients.

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$2,500,000

Secured Loan

Manufacturing

June 2018

An international manufacturing company needed additional working capital to grow their business across U.S.-Canadian borders. Utica helped them free up hidden value by providing a $2,500,000 loan secured by machinery and equipment. They now have the liquidity they need to expand international operations.

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$650,000

Capital Lease

Tree Logging Company

June 2018

A Connecticut tree logging company needed to purchase new equipment and expand their operations. Utica quickly provided a $650,000 lease secured by the Company’s machinery and equipment. The customer was particularly grateful for Utica’s ability to provide the needed financing on an expedited basis.

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$250,000

Capital Lease

Plastics Manufacturer

April 2018

A plastics manufacturer in Texas needed growth capital to take advantage of new opportunities. Utica provided a $250,000 capital lease based on the collateral value of their equipment, bringing this clients total funding to over $3,250,000.

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$850,000

Capital Lease

Transportation Company

April 2018

Utica provided a $850,000 capital lease secured by machinery and equipment to an East Coast Transportation company located in Pennsylvania. This brings their funding to date to over $4,500,00. Utica was able to provide the needed working capital within seven days of the initial request allowing the Company to continue their operations without interruption.

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$300,000

Capital Lease

Farming

April 2018

A  Michigan farm needed to purchase new equipment and expand their operations. Utica stepped up and provided a $300,000 capital lease secured by machinery and equipment, bringing their total funding to over $2,000,000.

Having the right equipment financing can free up capital for other business expenses, relieve budget stress with more manageable payments, and let you preserve your business credit line for other working capital needs. Our sister company, Utica Equipment Finance (UEF), specializes in providing credit-based equipment finance products from $1 million to $50 million to North American businesses with custom solutions that help you feel certain about your future.

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