$1,500,000
Capital Lease
Manufacturing
Utica provided a $1,500,000 capital lease to a licensed wholesale manufacturer of small caliber ammunition, small arms, and tactical equipment on an international and domestic level, secured by newly acquired ammunition manufacturing lines. With the additional working capital, the Company could grow and expand its operations.
$3,000,000
Capital Lease
Transportation & Logistics
Utica provided a $3,000,000 capital lease to a major mobility industry operating Company, secured by various types of cars. The Company has built a strategic partnership with Uber, Lyft, DiDi, Turo, and other leading mobility software companies by providing ready-to-drive vehicles. With the additional working capital Utica provided, the Company could acquire additional cars and expand its business.
$2,600,000
Capital Lease
Transportation & Logistics
Utica provided a $2,600,000 capital lease to a company that provides multi-passenger and delivery van rentals. The Company operates out of seven major U.S. cities and engages in long-term corporate and government rental contracts. The capital lease from Utica gave them the additional working capital to refinance existing vehicles and purchase additional vans.
$1,600,000
Capital Lease
Construction
Utica provided a $1.6 million capital lease secured by existing construction equipment to a construction company located in Florida. The family-owned company has been in business for over 50 years and now has the additional working capital they need to run daily operations and grow business.
$3,500,000
Capital Lease
Construction
Utica provided a $3.5 million capital lease to a company engaged in roadway repair and maintenance, traffic control, and barricade rentals and sales, They have served the state of Texas for over 20 years. The capital lease was secured by their construction equipment, including over 200 titled assets which gave them sufficient working capital to refinance existing debt, run operations and grow.
$1,380,000
Capital Lease
Construction
Utica provided a $1.38 million capital lease to a Texas company that focuses on pipeline construction, and facility construction in the utility, construction, maintenance, and energy sectors. By utilizing the value of their construction and material handling equipment, it provided the additional working capital needed to purchase new equipment and grow business.
$2,800,000
Capital Lease
Construction
Utica provided a $2.8 million capital lease secured by construction equipment to a New York Metro company that specializes in complex and unique foundation construction, consisting primarily of all types of piles, earth retention, and concrete forms. The company was purchased with the intention to focus on larger public and private contracts in the greater New York area. Utica’s funding was used to fund the acquisition and continue growing business.
$6,000,000
Capital Lease
Construction
A New Jersey crane rental and services company needed working capital to buyout an existing partner. The company specializes in tower crane rentals for high rise structures both commercial and mixed use in NY, IL, CA, PA, & NJ. Utica responded with a $6 million capital lease secured by various cranes, attachments, and service vehicles.
$1,800,000
Capital Lease
Manufacturing
Utica provided a $1,800,000 capital lease to a licensed wholesale manufacturer of small caliber ammunition, small arms, and tactical equipment on an international and domestic level. The transaction was secured by newly acquired ammunition manufacturing lines, which provided the customer working capital to further grow expanding operations.
$8,000,000
Capital Lease
Processing
An equity group-owned wood processing company with multiple locations in the south needed to recover working capital from its previous capital expenditures-the acquisition of two existing companies and a third acquisition in mid-2022 to expand locations. The company transforms urban wood, construction debris, and yard waste into soil-regenerating compounds, organic compost, blended soils, mulch, and energy pellets on an industrial scale. Utica responded with an $8,000,000 capital lease secured by machinery and equipment, giving the company additional working capital needed to continue operations and grow business.
When you need to finance with collateral, not credit, turn to our affiliate company, Utica Leaseco. It offers customized equipment lease and loan solutions from $300,000 to $25 Million. Together, we provide financing solutions to companies throughout the credit spectrum.
Industry affiliations
Phone: (203) 856-2513
info@uticaequipmentfinance.com