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Utica Equipment Finance Completes $10MM Capital Lease

Date: Jan 06, 2023 @ 07:49 AM

Utica Equipment Finance announce the completion of a transaction totaling $10 million in the month of December.
 
The $10 million capital lease secured by in-use cranes, heavy haul trailers and heavy haul trucks for a company primarily operating in the northeastern United States that has been in business for over 60 years. Equipment Finance was able to provide the capital necessary to refinance existing debt.

Utica Equipment Finance provides companies in a wide array of industries with collateral and credit-based equipment financing products ranging from $1 million to $50 million.

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