$450,000
Capital Lease
Construction
A current customer operating in the construction industry needed quick funding to purchase new equipment and expand their daily operations. Utica responded with a $450,000 capital lease based on the value of their machinery and equipment, bringing their total funding to date to over $950,000.
$400,000
Capital Lease
Chemical
A southern California chemical processing company needed working capital to expand and grow operations. Utica was able to provide a $400,000 capital lease secured by their machinery and equipment.
$7,600,000
Capital Lease
Technology
A technology company in San Jose, California needed working capital to pay debt from equipment manufacturers as well as provide working capital for continued growth. Utica provided a $7,600,000 capital lease secured by their machinery and equipment. This financing is the balance of a total $13.2 million lease facility.
$900,000
Capital Lease
Fabrication
A fabrication company located in the Philadelphia Metro area needed working capital to fund operations and grow. Based on the value of their machinery and equipment, Utica was able to provide a $900,000 capital lease.
$575,000
Capital Lease
Agriculture
A current customer in the agricultural sector needed fast working capital to purchase equipment and expand operations. Within three days of their initial request, Utica helped them unlock the value of their machinery and equipment and provided a $575,000 capital lease, bringing their total funding to date to over $13,000,000. This was the 25th schedule for this customer.
$5,600,000
Capital Lease
Technology
A technology company in San Jose, California needed working capital to pay debt from equipment manufacturers as well as provide working capital for continued growth. Utica provided a $5,600,000 capital lease secured by their machinery and equipment. This financing is the first $5.6 million of a total $13.2 million lease facility.
$675,000
Capital Lease
Chemical
Utica recently provided a $675,000 capital lease to a hemp processing company located in Colorado. The facility was secured by the company’s machinery and equipment and provided the company with working capital to continue expanding operations.
$2,250,000
Capital Lease
Textiles
A North Carolina textile manufacturer needed working capital to pay off existing debt as well as fund future growth. Based on the value of their machinery and equipment, Utica was able to provide a $2,250,000 capital lease.
$340,000
Capital Lease
Chemical
A Northern California chemical processing company needed working capital to expand and grow their operations. Based solely on the Company’s collateral and not their credit, Utica was able to provide a $340,000 capital lease secured by their machinery and equipment.
$650,000
Capital Lease
Chemical
Utica recently provided a $650,000 capital lease to a hemp processing company located in Arkansas. The facility unlocked the value tied up in their equipment to give them the working capital they needed to grow and expand their operations.
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