$700,000
Capital Lease
Fabrication
Utica provided a $700,000 capital lease to a machining and fabrication company located in Illinois and Tennessee. The Company was looking for additional working capital to grow operations and lower their monthly obligations. By utilizing the equity in the two facilities, the Company was able to run and grow their business during these challenging times.
$1,500,000
Capital Lease
Chemical
Utica, along with its cannabis industry partner, provided a $1,500,000 capital lease to a cannabis producer in Michigan. The financing gave the Company the additional working capital to run and grow their operations.
$0
Capital Lease
Manufacturing
A Midwest manufacturing company was looking for additional working capital to expand their operations. Utica responded with a capital lease secured by the company’s machinery and equipment. The Company now has the working capital to run their business and expand.
$400,000
Capital Lease
Energy
An oil field services company located in Texas was looking for additional working capital to purchase new equipment to run and grow their operations. Utica responded with a $400,000 capital lease secured by machinery and equipment, giving the company working capital to run their business.
$2,300,000
Capital Lease
Energy
A coal mining company located in the central Appalachian region needed additional working capital to run daily operations. Utica responded with a $2,300,000 capital lease secured by machinery and equipment, giving the Company the additional capital to grow their business.
$2,350,000
Capital Lease
Energy
Utica provided a $2,350,000 refinance to a multi-location oil field services company located in Texas. The refinance gave the company the needed working capital to grow operations, lower monthly business obligations and deal with other challenges brought on by the COVID-19 pandemic.
$2,600,000
True Lease
Construction
A construction company with operations in Texas and Colorado needed working capital to run their daily operations. Utica responded by providing a $2,600,000 true lease by refinancing a portion of the Company’s existing equipment debt, freeing up additional working capital to take on more jobs and grow business.
$750,000
Capital Lease
Chemical
A Hemp Processing company located in Louisiana needed working capital to help expand and grow operations. Utica responded with a $750,000 capital lease secured by their existing machinery and equipment. The Company is now able to meet the demand of the industry and grow operations.
$900,000
Capital Lease
Fabrication
A Machining and Fabrication company located in Ohio was looking for working capital to grow operations and lower their monthly business obligations. Utica responded with a $900,000 capital lease refinance by utilizing the equity in two individual schedules, giving the company the additional working capital to grow and run their business during the current challenging times.
$330,000
Capital Lease
Agriculture
Utica provided a $330,000 capital lease to a current customer operating in the agriculture sector. The Company needed to purchase new equipment and expand their daily operations. Within five days of the initial request, Utica unlocked the value of their machinery and equipment, bringing their total funding to date to over $11,850,000.
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