Recent Transactions

Utica provided a $2 million capital lease to a current customer secured by audio, visual, and lighting equipment. The company was able to purchase additional production equipment and grow its business. This was the second schedule for this company, bringing their total funding to date to over $10 million.

A food processing company needed to purchase new machines to provide high-pressure processing and tolling services to Southeast Texas and Louisiana. Utica responded by providing an $800,000 capital lease secured by food processing equipment giving the company additional working capital for their capital expenditures.

Utica provided a $550,000 capital lease to a solar panel installation and roofing company in California. The lease was secured by 20 titled vehicles giving the company the working capital to expand its vehicle fleet and keep up with customer demand.

A current ride-sharing company needed funding quickly to purchase new electric vehicles and expand daily operations and grow business. Utica responded within seven days of the initial request with a $475,000 capital lease to purchase eight Tesla’s, bringing their total funding to date to over $1,750,000.

Utica provided a $455,000 capital lease to a construction company developing a zero-waste community located in California secured by yellow iron. The additional working capital allowed the company to purchase additional equipment as its project continues to ramp up. The funding brings the total funding to date to over $2,000,000.

A current ride-sharing company was looking for additional working capital to purchase 90 new vehicles and grow operations. Utica responded with a $1.62 million capital lease secured by the new vehicles, bringing their total funding to date over $2.5 million. The company is on track to expand into new markets.

Utica provided a $710,000 capital lease to a current Manufacturing customer that needed additional working capital to purchase collateral and expand its daily operations. Utica provided the financing within seven days of their initial request, bringing their total funding to date over $1 million. The company is continuing a positive growth trajectory.

A Wisconsin manufacturing company needed additional working capital to operate and grow its business. Utica responded with a $2.5 million capital lease secured by their manufacturing equipment. The Company is a leading manufacturer of precision-machined parts and sub-assemblies in cast iron, non-ferrous castings and steel forgings, as well as sand and permanent mold castings. 

Utica provided a $2.2 million capital lease secured by yellow iron to a construction company developing a zero-waste community in California. The funding enabled the Company to purchase the yellow iron equipment necessary to grade the land so that phase 1 of the project could begin.

Utica provided a $1.1 million capital lease to a yellow iron wholesale crawler/tractor rental company in Washington state. The additional working capital allowed the Company to expand its rental inventory in an unopposed equipment class, which helped increase profitability.