Utica Supports the Acquisition of Above-ground Coal Mine
A U.S.-based energy company saw an opportunity to acquire a new above-ground coal mine. Utica Equipment Finance helped them unlock the value in their equipment and collateral provided a $4,000,000 secured term loan to support the acquisition and position the company for growth.Read more.
Utica Provides True Lease to Northeast Trucking Company for Aircraft Purchase
A northeast trucking company wanted to purchase a corporate aircraft to expand business operations. They turned to Utica for a $1,650,000 true lease based on the company’s credit and the collateral value of the aircraft, enabling them to be better positioned for growth.Read more.
Utica Equipment Finance Expands Sales and Underwriting Teams
Utica Equipment Finance (“UEF”), a leading provider of equipment-based term loans and leases to companies throughout North America, announced two recent hires. Matt Stouffer has joined as Managing Director Sales and Chris Koennecke has joined as Associate of Credit & Underwriting. Matt Stouffer will be responsible for leading the company’s sales efforts Read more.Read more.
Utica Equipment Finance Expands Staff to Support Growth
Utica Equipment Finance, a leading provider of equipment-based term loans and leases to companies throughout North America, recently announced two new hires to support their growth.Read more.
Industry Veteran Ed Stolarski Launches Utica Equipment Finance
Utica Leaseco, a provider of customized asset‐based equipment financing solutions, announced the formation of an affiliate company, Utica Equipment Finance. The new entity will offer equipment‐based term loans and leases to companies throughout North America and will be led by co‐founder Ed Stolarski.Read more.