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$1,600,000

True Lease

Aviation

June 2019

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.

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$4,000,000

Term Loan

Energy

June 2019

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.

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$2,150,000

Capital Lease

Chemical

June 2019

Utica funded a $2,150,000 capital lease to a chemical processing company located in Northern California. Based entirely on the Company’s collateral and not their credit, Utica was able to provide the working capital they needed to expand its operations and grow the company.

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$900,000

Capital Lease

Automotive

May 2019

Utica funded a $900,000 capital lease to a long-term customer which operates in the electric car manufacturing industry. By unlocking the value of its machinery and equipment, Utica was able to provide the company with the working capital needed to expand its operations. Total financing to date exceeds $2,650,000 for this customer.

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$600,000

Capital Lease

Drug Testing Laboratory

May 2019

Utica funded a $600,000 capital lease for laboratory testing equipment to an industrial hemp testing company licensed to do business in California and Hawaii. The growing company provides quality, compliance and safety testing services and related data to hemp growers and the subsequent value chain (processors, manufacturers, distributors, academic institutions, and more).

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$20,000,000

Capital Lease

Manufacturing

May 2019

Utica funded $20 million of a $50 million capital lease facility to a manufacturer of a high-tech proprietary energy product. The facility provides the manufacturer with the capital required to acquire highly-sophisticated automation equipment used during production.

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$500,000

Capital Lease

Energy

April 2019

Utica provided a $500,000 capital lease within five days from the initial request to an oil field services company to purchase new equipment and expand operations, bring their total funding to date of over $7,500,000. Utica provided financing based on collateral, not credit.

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$600,000

Capital Lease

Construction

March 2019

Within 10 days from their initial request, Utica helped a construction company unlock the value of their machinery and equipment with a $600,000 capital lease to purchase new excavators and expand operations, bringing their total funding to date to over $1,050,000.

 

 

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 Undisclosed

Capital Lease

Energy

March 2019

To expand operations and purchase new equipment, this oil & gas company needed to quickly obtain capital. Within five days from their initial request, Utica provided a capital lease and has brought their total funding to date to over $7,000,000.

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$2,500,000

Capital Lease

Chemical

March 2019

To expand their reach and grow operations, a Nevada chemical processing company needed flexible working capital. Utica provided a $2,500,000 capital lease secured by their machinery and equipment, giving the company the catalyst they needed to reach the next level of success.

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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