Utica Leaseco Announces Two Transactions

Utica Leaseco is pleased to announce the completion of two transactions totaling over $800,000 during the week of September 23-27, 2019.

•             $450,000 secured by Machinery & Equipment to a current Utica customer, operating within the Construction Industry. The customer needed funding quickly to purchase new equipment and expand their daily operations. Utica helped them unlock the value of their machinery and equipment with a capital lease, bringing their total funding to date to over $950,000.

•             $350,000 to a current Utica customer operating within the agricultural sector. Within three days of their initial request, Utica helped them unlock the value of their machinery and equipment with a capital lease, bringing their total funding to date to over $13,500,000. This was the 26th schedule for this customer.

Utica Leaseco (www.uticaleaseco.com) is proud to provide financing based on collateral, not credit.