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$720,000

Capital Lease

Supplier

January 2023

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.

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$10,000,000

Capital Lease

Transportation & Logistics

December 2022

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. 

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$7,400,000

Capital Lease

Technology

December 2022

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.

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$2,000,000

Capital Lease

Entertainment

December 2022

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.

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$800,000

Capital Lease

Food & Beverage

December 2022

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.

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$550,000

Capital Lease

Energy

December 2022

Utica provided a $550,000 capital lease to a solar panel installation and roofing company in California. The lease was secured by 20 titled vehicles giving the company the working capital to expand its vehicle fleet and keep up with customer demand.

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$475,000

Capital Lease

Transportation & Logistics

December 2022

A current ride-sharing company needed funding quickly to purchase new electric vehicles and expand daily operations and grow business. Utica responded within seven days of the initial request with a $475,000 capital lease to purchase eight Tesla’s, bringing their total funding to date to over $1,750,000.

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$455,000

Capital Lease

Construction

December 2022

Utica provided a $455,000 capital lease to a construction company developing a zero-waste community located in California secured by yellow iron. The additional working capital allowed the company to purchase additional equipment as its project continues to ramp up. The funding brings the total funding to date to over $2,000,000.

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$1,620,000

Capital Lease

Transportation & Logistics

July 2022

A current ride-sharing company was looking for additional working capital to purchase 90 new vehicles and grow operations. Utica responded with a $1.62 million capital lease secured by the new vehicles, bringing their total funding to date over $2.5 million. The company is on track to expand into new markets.

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$710,000

Capital Lease

Manufacturing

July 2022

Utica provided a $710,000 capital lease to a current Manufacturing customer that needed additional working capital to purchase collateral and expand its daily operations. Utica provided the financing within seven days of their initial request, bringing their total funding to date over $1 million. The company is continuing a positive growth trajectory.

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