$500,000
Capital Lease
Drug Testing Laboratory
A Massachusetts drug testing laboratory needed funding to purchase equipment and start operations. Utica helped this young company’s business take off with a $500,000 capital lease on new equipment.
$350,000
Capital Lease
Aggregate Processor
Utica helped an Ohio aggregate processor purchase equipment to fulfill a new contract with a $350,000 capital lease based solely on the collateral value of the equipment. This was the tenth transaction for this customer; bringing their total amount funded to over $3,500,000.
$1,500,000
Capital Lease
Oil Field Services Provider
A Texas oil field services provider needed working capital to finance new contracts in an industry which was in the midst of a turnaround. Utica helped them take advantage of new opportunities with $1,500,000 in growth capital based solely on the collateral value of existing equipment.
$1,100,000 CAD
Capital Lease
Leasing Company
Based on the collateral value of its assets, Utica funded a $1,000,000CAD capital lease on helicopters for a leasing company in Canada, helping them take business to new heights.
$500,000
Secured Loan
Auto Supplier
Together with our valued partner, Utica provided a $500,000 secured loan on existing equipment for a Michigan auto supplier. This growth capital gave the company the financial leeway it needed to take advantage of new contracts.
$750,000
Secured Loan
Drilling Contractor
A Pennsylvania horizontal drilling contractor needed working capital and funding to purchase additional equipment in order to take advantage of new contracts. Utica came to the rescue with a $750,000 secured loan on new and existing equipment.
$1,000,000
Capital Lease
Aggregate Company
Utica financed growth for a Florida aggregate company in the form of a $1,000,000 capital lease based on the value of new and existing equipment. The funding enabled them to purchase equipment and expand capacity for new contracts.
$2,000,000
Capital Lease
Forest Products Company
Working with a valued factoring partner, Utica funded a $2,000,000 capital lease based on the collateral value of existing equipment for a forest products company. The growth financing gave this Arizona logging company the working capital it needed to take advantage of new contracts.
$5,500,000
Capital Lease
Automotive Die-casting Company
Acting as agent and arrangers, Utica helped a Missouri automotive die-casting company access funding for the acquisition of the company in a restructuring that allowed the incumbent bank to be repaid in full. Utica worked closely with its valued partners to provide the turnaround and acquisition financing in the form of a $5,500,00 capital lease based solely on the collateral value of the fixed assets.
$1,500,000
Capital Lease
Concrete Pumping Company
A Louisiana concrete pumping company leveraged the value of its equipment with us and refinanced a $1,500,000 capital lease based on the value of the customer’s existing equipment. The funding gave them additional capital to pump up business in the company’s oil field services sector.
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