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$850,000

Capital Lease

Logistics Company

December 2017

Utica funded an $850,000 capital lease secured by machinery and equipment for a Pennsylvania logistics company, so they could purchase equipment and expand operations. The transaction brings total funding for this long-term client to over $3,000,000. 

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$525,000

Capital Lease

Logistics Company

November 2017

A Michigan logistics company required funding to purchase equipment and begin new operations. They turned to Utica for a $525,000 capital lease secured by machinery and equipment, bringing their total funding from us to over $3,500,000.

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$300,000

Capital Lease

Pipeline Construction Company

November 2017

Utica financed a water pipeline construction company located in Ohio and Pennsylvania with a $300,000 capital lease secured by machinery and equipment. Their total funding with us is now over $800,000. 

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$1,000,000

Capital Lease

Surface Mining Company

November 2017

A surface mining company located in West Virginia needed working capital to purchase equipment and begin new operations. Utica made it possible by providing a $1,000,000 capital lease to get the equipment they needed and grow their business.

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$1,000,000

Capital Lease

Farm Service and Equipment Rental Company

October 2017

Utica helped a farm service and equipment rental company in Iowa with a $1,000,000 capital lease secured by machinery and equipment. The funding was used to purchase new equipment and provide needed working capital.

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$200,000

Capital Lease

Manufacturer of Fasteners

October 2017

A Pennsylvania manufacturer of fasteners needed to purchase new equipment but didn’t have the working capital. They relied on Utica, their long-time funder, for a $200,000 capital lease, bringing their total funding to over $800,000. 

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$600,000

Capital Lease

Aggregate Processor

October 2017

A Florida aggregate processor needed funding for new equipment and working capital. Utica responded with a $600,000 capital lease secured by machinery and equipment.

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$500,000

Capital Lease

Container Manufacturer

October 2017

Utica provided a $500,000 capital lease for a Texas container manufacturer so they could purchase new equipment. A long-time client, this deal brings their total funding to over $2,000,000. 

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$3,000,000

Capital Lease

Textile Manufacturer

October 2017

A textile manufacturer located in North Carolina needed to pay off existing lenders and required access to additional working capital. Utica helped them weave their financial goals into real growth with a $3,000,000 capital lease secured by machinery and equipment.

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$2,000,000

Factoring Participation

Vitamin and Supplement Manufacturer

October 2017

Utica helped a Colorado vitamin and supplement manufacturer tap into the value of their accounts receivable and inventory with a $2,000,000 line of credit to foster healthy growth.

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