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$2,000,000

Capital Lease

Manufacturing

January 2017

A Texas metal and plastic drum refurbisher needed to exit a difficult situation with its bank and pay off high-rate cash advance debt by leveraging the value of its equipment. Utica provided a $2,000,000 capital lease on the target’s equipment and inventory based solely on the collateral value. 

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$2,700,000

Capital Lease

Transportation & Logistics

January 2017

Together with its partners, Utica funded a $2,700,000 capital lease on the equipment of a trucking company in Texas.  Utica provided the needed capital by financing the target’s equipment based solely on the collateral value. 

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$350,000

Capital Lease

Transportation & Logistics

January 2017

A Pennsylvania logistics company required funding to purchase equipment and expand operations. They turned to Utica for a $350,000 capital lease secured by machinery and equipment, bringing their total funding to date to over $3,500,000.

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