Recent Transactions

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. 

A hot oil and frac water heating company needed working capital to pay off an existing credit facility to take advantage of discounts. The Company holds master service agreements with more than 130 oil and gas producers in five states. Utica responded with a $6,225,000 capital lease secured by 300+ titled assets which gave them access to a $1 million discount.

Utica provided an $800,000 capital lease to a multi-location brewing company that specializes in non-alcoholic beer, secured by brewing and distillery equipment. The company’s products are available in over 2,500 stores across the United States with plans to expand into South Korea, Europe, Australia, and Canada. The equipment lease gave the company the working capital they needed to increase production capacity, scale up sales & marketing, and support their growth trajectory.

Utica provided a $2,500,000 capital lease to one of the largest ramen noodle producers in North America secured by their manufacturing equipment. Utica reimbursed them for their cash outlay of new equipment purchased in 2021. The company’s products are available in 6,000 stores across the United States, and the company recently signed distribution agreements with a leading broker covering Canada, Europe, and Asia. 

Utica provided a $1,400,000 capital lease to a premier single-source provider of production and measurement equipment to the oil and gas sector secured by fabrication equipment. Utica was able to seamlessly work alongside accounts receivable and inventory-based lenders to provide the company with funds to refinance existing debt obligations that were previously in forbearance.

Utica provided a $1,250,000 capital lease to a transport company that needed working capital to purchase inventory and to pay off short-term notes. The facility was secured by a hypercar and support vehicles to transport and deliver the vehicle, giving the company working capital they needed to run and grow their business.

Utica provided a $8,780,000 capital lease to a multi-location production company secured by existing audio, visual, and lighting equipment. The additional working capital allowed the Company to acquire four successful audio, lighting, and production companies that have a combined 85 years of experience. Upon completion of these acquisitions, the Company will be a fully integrated production enterprise that can maximize production cost savings for customers.

A Texas-based food and beverage company needed working capital for ongoing operations as well as further growth. Utilizing the value of the company’s current machinery and equipment, Utica provided  a $1,200,000 capital lease to refinance existing debt and provide working capital.