Utica Equipment Finance, LLC Completes Two Transactions

Utica Equipment Finance, LLC is pleased to announce the completion of two transactions during the October 7-11, 2019 week.

Utica Equipment Finance completed the funding of a CAD $2,300,000 Term Loan secured by Machinery and Equipment to a logging-based contractor located in Alberta, Canada. Utica provided funds to re-finance existing equipment debt and provide working capital.

Utica Equipment Finance completed the funding of a $456,000 Term Loan secured by Aircraft to a Private Aviation company. Utica provided funds to re-finance the company’s existing debt.

Utica Equipment Finance, an affiliate of Utica Leaseco, provides companies in a wide array of industries with collateral and credit-based equipment term loan and lease products ranging from $1 million to $50 million.