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$3,900,000

Capital Lease

Transportation & Logistics

March 2020

Utica provided a $3,900,000 capital lease to a transportation company located in Oregon. The Company needed the working capital to refinance existing debt and meet monthly payment obligations. Utica provided the capital lease based on the value of the trailers and equipment, not credit.

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$300,000

Capital Lease

Energy

February 2020

Utica provided a $300,000 capital lease to a current customer operating within the oil field services industry. Within three days of their initial request, Utica helped the Company unlock the value of their machinery and equipment giving them additional working capital to run and grow their business. This brings their total funding to date to over $8,000,000.

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$200,000

Capital Lease

Transportation & Logistics

February 2020

A transport company located in Southern California needed working capital to expand and grow operations. Utica responded with a $200,000 capital lease secured by their cargo vans, giving the Company the additional working capital they needed to run their business.

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$12,000,000

Capital Lease

Energy

February 2020

Utica provided a $12,000,000 capital lease to a multi-location oil field services company located in Texas. Utica worked extensively with the restructuring firm to payoff existing lenders and provide needed working capital. The customer expressed great gratitude for Utica’s in-house counsel’s dedication in navigating through the complexities of the deal. Utica also worked closely with both the new accounts receivable lender and the sub-debt provider to achieve a global solution. Utica provided the financing based on collateral, not credit.

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$10,600,000

Capital Lease

Energy

January 2020

A coal mining company located in West Virginia wanted to acquire another company to expand operations and grow the company. Utica responded with a $10.6 million capital lease secured by their machinery and equipment. The additional working capital will also allow the Company to take on additional customers and meet the demand of the industry.

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$750,000

True Lease

Healthcare

November 2019

Utica provided a $750,000 true lease secured by machinery and equipment to a medical company located in California. The lease gave the company the working capital needed to purchase new equipment allowing the Company to stay up to date with the latest in medical devices and diagnostic equipment for patients.

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$2,000,000

Capital Lease

Automotive

November 2019

Utica completed the funding of a capital lease line up to $2, 000,000 secured by passenger cars to a for-hire vehicle rental car company located in the northeast. The capital lease line provided the working capital for this company to expand and grow operations.

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$750,000

Capital Lease

Chemical

November 2019

A medical company located in Pennsylvania needed working capital to purchase new equipment. Utica responded with a $750,000 capital lease allowing the Company to continue to expand services and grow their business.

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$2,000,000

Capital Lease

Chemical

November 2019

Utica provided a $2,000,000 capital lease to a hemp processing company located in California. The Company needed working capital to grow operations. Utica provided the capital lease based on the value of their current machinery and equipment.

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$456,000

Term Loan

Aviation

October 2019

Utica Equipment Finance completed the funding of a Term Loan secured by Aircraft to a Private Aviation company. Utica provided funds to re-finance the company’s existing debt.

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.

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