FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Utica Leasco Completes Two Transactions Totaling $1MM in Week of August 16th

August 19, 2021, 07:06 AM
Related: Utica Leaseco

Utica Leaseco completed two transactions totaling $1,000,000 during the August 16-20, 2021 week.

  • $500,000 secured by Vehicles for a Ride Sharing company purchasing new electric vehicles. Utica was able to provide working capital to expand and help the customer grow operations.
  • $500,000 secured by Machinery and Equipment to a Microbrewery in Florida. By utilizing the equity in its current collateral pool, Utica was able to provide working capital to help the customer move operations from Florida to Massachusetts. The company was especially grateful to Utica for providing this financing during these currently challenging times.

Utica is proud to provide financing based on collateral, not credit.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.