Recent Transactions

October 2024

$6,500,000

Company Type: Pharmaceutical Manufacturing

Transaction Type: Capital Lease

Utica provided a $6,500,000 Capital Lease, secured by manufacturing and analytical testing equipment, including drying ovens, air handlers, and chillers, to a pharmaceutical manufacturer based in the Southeast. The lessee is a leading developer and manufacturer of Transdermal Delivery Systems (TDS) and Oral Dissolvable Films (ODF). The funding will provide working capital to support the company’s expansion, including new contracts with key industry partners.

July 2024

$15,500,000

Company Type: Construction Services & Forestry

Transaction Type: Capital Lease

Utica provided a $15,500,000 capital lease secured by forestry equipment, excavators, dozers, wheel loaders, and trucks for a company located in the Northeast. The company supplies temporary roadways and access mats to remote construction sites, primarily serving the Northeast and Mid-Atlantic. They also assist with site evaluations and access planning to reduce environmental impact. Utica’s funding was used to acquire two companies and pay off outstanding debt.

July 2024

$4,900,000

Company Type: Manufacturing

Transaction Type: Capital Lease

Utica provided a $4,900,000 capital lease to a California-based company that focuses on developing and manufacturing electric vehicles secured by manufacturing equipment and robotics. The additional working capital will allow the Company to expand and grow its business.

June 2024

$3,500,000

Company Type: Construction

Transaction Type: Capital Lease

Utica provided a $3,500,000 capital lease to a concrete and masonry recycling company in Michigan, secured by their crushing and construction equipment and trucks. The additional working capital allowed the company to refinance existing debt and provided capital for an acquisition.

March 2024

$3,250,000

Company Type: Energy

Transaction Type: Capital Lease

Utica provided a $3,250,000 capital lease to a Texas-based company specializing in oil and gas equipment rentals. The capital lease is secured by light towers, generators, man lifts and forklifts. The additional working capital enabled the Company to refinance existing debt and grow.

January 2024

$1,850,000

Company Type: Manufacturing

Transaction Type: Capital Lease

Utica provided a $1,850,000 capital lease to a manufacturing and fabrication company based in Louisiana. Specializing in Oilfield Fabrication, Shipbuilding, and Repair of Steel & Aluminum Vessels, the Company has strategically utilized this funding to secure working capital by leveraging its unencumbered equipment.

January 2024

$2,350,000

Company Type: Transportation & Logistics

Transaction Type: Capital Lease

Utica provided a $2,350,000 capital lease to a company offering multi-passenger and delivery van services. The Company operates out of seven major U.S. cities and engages in corporate and government long-term rental contracts. With Utica’s funding, the Company was able to refinance existing vehicles and free up working capital.

January 2024

$6,700,000

Company Type: Energy

Transaction Type: Capital Lease

Utica provided a $6,700,000 capital lease to two coal mines in West Virginia secured by trucks, dozers, excavators, and wheel loaders. The mines comprise both a metallurgical surface mine, featuring a coal preparation plant and a CSX rail loading facility, and a metallurgical and thermal coal surface mine, complete with a coal preparation plant. The financing enabled the Company to refinance existing assets, clear outstanding personal property taxes, and secure additional working capital.

November 2023

$3,500,000

Company Type: Transportation & Logistics

Transaction Type: Capital Lease

Utica provided a $3,500,000 capital lease to facilitate the purchase of a trucking company located in Virginia that specializes in regional bulk materials transportation. The Company executed the transaction by capitalizing on the assets of the acquired Company.

September 2023

$1,500,000

Company Type: Manufacturing

Transaction Type: Capital Lease

Utica provided a $1,500,000 capital lease to a licensed wholesale manufacturer of small caliber ammunition, small arms, and tactical equipment on an international and domestic level, secured by newly acquired ammunition manufacturing lines. With the additional working capital, the Company could grow and expand its operations.

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