$3,250,000
Capital Lease
Energy
Utica provided a $3,250,000 capital lease to a Texas-based company specializing in oil and gas equipment rentals. The capital lease is secured by light towers, generators, man lifts and forklifts. The additional working capital enabled the Company to refinance existing debt and grow.
$1,850,000
Capital Lease
Manufacturing
Utica provided a $1,850,000 capital lease to a manufacturing and fabrication company based in Louisiana. Specializing in Oilfield Fabrication, Shipbuilding, and Repair of Steel & Aluminum Vessels, the Company has strategically utilized this funding to secure working capital by leveraging its unencumbered equipment.
$2,350,000
Capital Lease
Transportation & Logistics
Utica provided a $2,350,000 capital lease to a company offering multi-passenger and delivery van services. The Company operates out of seven major U.S. cities and engages in corporate and government long-term rental contracts. With Utica’s funding, the Company was able to refinance existing vehicles and free up working capital.
$6,700,000
Capital Lease
Energy
Utica provided a $6,700,000 capital lease to two coal mines in West Virginia secured by trucks, dozers, excavators, and wheel loaders. The mines comprise both a metallurgical surface mine, featuring a coal preparation plant and a CSX rail loading facility, and a metallurgical and thermal coal surface mine, complete with a coal preparation plant. The financing enabled the Company to refinance existing assets, clear outstanding personal property taxes, and secure additional working capital.
$3,500,000
Capital Lease
Transportation & Logistics
Utica provided a $3,500,000 capital lease to facilitate the purchase of a trucking company located in Virginia that specializes in regional bulk materials transportation. The Company executed the transaction by capitalizing on the assets of the acquired Company.
$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.
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