$2,500,000
Capital Lease
Manufacturing
Utica provided a $2,500,000 capital lease to one of the largest ramen noodle producers in North America secured by their manufacturing equipment. Utica reimbursed them for their cash outlay of new equipment purchased in 2021. The company’s products are available in 6,000 stores across the United States, and the company recently signed distribution agreements with a leading broker covering Canada, Europe, and Asia.
$1,400,000
Capital Lease
Fabrication
Utica provided a $1,400,000 capital lease to a premier single-source provider of production and measurement equipment to the oil and gas sector secured by fabrication equipment. Utica was able to seamlessly work alongside accounts receivable and inventory-based lenders to provide the company with funds to refinance existing debt obligations that were previously in forbearance.
$1,250,000
Capital Lease
Transportation & Logistics
Utica provided a $1,250,000 capital lease to a transport company that needed working capital to purchase inventory and to pay off short-term notes. The facility was secured by a hypercar and support vehicles to transport and deliver the vehicle, giving the company working capital they needed to run and grow their business.
$8,780,000
Capital Lease
Entertainment
Utica provided a $8,780,000 capital lease to a multi-location production company secured by existing audio, visual, and lighting equipment. The additional working capital allowed the Company to acquire four successful audio, lighting, and production companies that have a combined 85 years of experience. Upon completion of these acquisitions, the Company will be a fully integrated production enterprise that can maximize production cost savings for customers.
$1,200,000
Capital Lease
Manufacturing
A Texas-based food and beverage company needed working capital for ongoing operations as well as further growth. Utilizing the value of the company’s current machinery and equipment, Utica provided a $1,200,000 capital lease to refinance existing debt and provide working capital.
$240,000
Capital Lease
Transportation & Logistics
A current customer, this ride sharing company needed quick funding to purchase new electric vehicles and expand daily operations. Within seven days of the initial request, Utica responded with a $240,000 capital lease to finance the purchase of Teslas, bringing their total funding to date to over $840,000.
$1,300,000
Capital Lease
Energy
A multi-location coal mining company needed working capital to grow operations and lower their monthly business expenses. Utica provided a $1,300,000 capital lease secured by machinery and equipment to help them realize their strategic plans.
$1,250,000
Refinancing
Transportation & Logistics
A multi-location subscription-based car provider located on the West Coast needed additional working capital. Utica provided a $1,250,000 refinancing facility by utilizing the equity in their current fleet, and the company was able to use the additional working capital to grow business and lower monthly obligations.
$500,000
Capital Lease
Transportation & Logistics
Utica provided a $500,000 capital lease to a ride sharing company to purchase new electric vehicles. The additional working capital allowed the company to expand and grow operations.
$500,000
Capital Lease
Food & Beverage
A microbrewery located in Florida was looking for working capital to move operations to Massachusetts. Utica responded with a $500,000 capital lease by utilizing the equity in their current collateral pool.
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