$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.
$720,000
Capital Lease
Supplier
Utica provided a $720,000 capital lease to one of California’s largest single-source suppliers of tropical plants, indoor floral, and outdoor palms. Securing their farm equipment gave the company the additional working capital to refinance existing debt and fund strategic growth initiatives.
$10,000,000
Capital Lease
Transportation & Logistics
A 60-year-old transportation company operating in the northeastern U.S. was looking for additional working capital to refinance existing debt and grow business. Utica responded with a $10,000,000 capital lease secured by in-use cranes, heavy haul trailers, and heavy haul trucks, giving the Company the working capital they needed to refinance and run their daily operations.
$7,400,000
Capital Lease
Technology
Utica provided a $7.4 million refinance secured by machinery and equipment to a technology company in California. By consolidating two schedules, the company was able to lower monthly obligations giving them additional working capital to run and grow their business.
$2,000,000
Capital Lease
Entertainment
Utica provided a $2 million capital lease to a current customer secured by audio, visual, and lighting equipment. The company was able to purchase additional production equipment and grow its business. This was the second schedule for this company, bringing their total funding to date to over $10 million.
$800,000
Capital Lease
Food & Beverage
A food processing company needed to purchase new machines to provide high-pressure processing and tolling services to Southeast Texas and Louisiana. Utica responded by providing an $800,000 capital lease secured by food processing equipment giving the company additional working capital for their capital expenditures.
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