$1,000,000
Capital Lease
Metal Stamping Company
A metal stamping company in Ohio needed funding to purchase a new plant. Utica supported the company’s growth with a $1,000,000 capital lease based solely on the collateral value of its fixed assets.
$500,000
Capital Lease
Composite Parts Fabricator
Utica provided much-needed turnaround capital for a Pennsylvania composite parts fabricator in the form of a $500,000 capital lease based solely on the value of its equipment.
$2,100,000
Capital Lease
Metal Parts Fabricator
A North Carolina metal parts fabricator needed acquisition capital to take advantage of a growth opportunity. Utica provided a $2,100,000 capital lease based solely on the value of the target’s equipment.
$400,000
Sale Leaseback
Oil Field Services Provider
Utica provided needed growth capital for a Texas oil field services provider in the form of a $400,000 sale leaseback based solely on the equipment value. A long-time client, this transaction brought their total funding with Utica to over $4,000,000.
$500,000
Capital Lease
Pipeline Drilling Company
Utica funded a $500,000 capital lease for a pipeline drilling company located in West Virginia based solely on the customer’s equipment value. The growth capital enabled the company to dig up new opportunity.
$200,000
Secured Loan
Food Processing
A food processing business in Colorado needed growth capital to take advantage of new opportunities. Utica provided a $200,000 secured loan based on their equipment value, bringing this client’s total funding with Utica to over $800,000.
$2,000,000
Capital Lease
Metal and Plastic Drum Refurbisher
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.
$2,700,000
Capital Lease
Transportation & Logistics
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.
$350,000
Capital Lease
Logistics
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.
Having the right equipment financing can free up capital for other business expenses, relieve budget stress with more manageable payments, and let you preserve your business credit line for other working capital needs. Our sister company, Utica Equipment Finance (UEF), specializes in providing credit-based equipment finance products from $1 million to $50 million to North American businesses with custom solutions that help you feel certain about your future.
Industry affiliations
Phone: (248) 710-2134
info@uticaleaseco.com