$600,000
Capital Lease
Farming
Utica funded a $600,000 capital lease secured by machinery and equipment to a wheat and soybean farm located in Michigan. The Company now has the additional working capital to purchase new equipment and expand their operations.
$900,000
Capital Lease
Tour Company
A tour company located in Florida needed to purchase new equipment and expand operations. Utica stepped in and provided a $900,000 capital lease secured by Harley Davidson motorcycles enabling the company to take advantage of new opportunities and grow their business.
$300,000
Capital Lease
Oil Field Services
A North Dakota oil field services company needed working capital to continue their daily operations. Utica responded with a $300,000 capital lease based solely on the collateral value of their machinery and equipment.
$1,400,000
Capital Lease
Farming
A Michigan farm needed to purchase new equipment and expand their operations. They turned to Utica who provided a $1,400,000 capital lease secured by machinery and equipment. The Company has the working capital needed to continue to grow their business.
$700,000
Inventory Line of Credit
Container Manufacturer
Along with their industry partners, Utica completed a $700,000 line of credit, secured by inventory, to a container manufacturer serving the oil and gas and chemical industries in Texas. The facility provided working capital needed to continue to grow their operations. This bring the total funding to this customer to over $3,700,000.
$800,000
Capital Lease
Logistics Company
A Logistics company located in Pennsylvania needed to purchase new equipment and expand operations. Utica provided a $800,000 capital lease secured by machinery and equipment, bringing the total funding to over $4,200,000. The Company now has the working capital they need for the long haul.
$600,000
Capital Lease
Healthcare
A Pennsylvania hospital needed working capital to continue operations and serve the people of their community. They turned to Utica who provided a $600,000 capital lease based solely on the collateral value of the equipment.
$300,000
Capital Lease
Asphalt Processor
Based on the collateral value of its assets, Utica provided a $300,000 capital lease on machinery and equipment for a asphalt processing company located in North Carolina, giving the company the working capital needed to continue operations.
$5,000,000
Refinance
Plastic Film Extrusion Company
This Silicon Valley plastic film extrusion company needed to purchase new equipment and expand their operations. Utica was able to provide a $5,000,000 refinance secured by machinery and equipment, giving the company the needed capital to purchase new equipment and take advantage of new opportunities.
$600,000
Capital Lease
Plastics Manufacturer
A plastics manufacturer located in Texas needed to purchase equipment and expand operations. Utica provided a $600,000 capital lease secured by machinery and equipment enabling the company to continue to grow their business. This brings the total amount funded to over $3,000,000.
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.
Industry affiliations
Phone: (248) 710-2134
info@uticaleaseco.com