Utica Leaseco and Utica Equipment Finance announced the completion of two transactions totaling over $8 million during the week of Sept. 16-20.

• $7,600,000 capital lease secured by machinery and equipment to a technology company located in San Jose, CA. Utica provided funds to pay off OEMs and provide needed working capital. This financing is the completion of a total $13.2 million lease facility.
• $400,000 capital lease secured by machinery and equipment to a chemical processing company located in Southern California. Utica provided the working capital for this company to expand and grow operations.

Utica Leaseco and Utica Equipment Finance also announced the completion of five transactions totaling over $10 million during the week of Sept. 9-13.

• $2,250,000 capital lease secured by machinery and equipment to a textile manufacturer located in North Carolina. Utica provided funding to payoff existing lenders and provide needed working capital.
• $675,000 capital lease secured by machinery and equipment to a hemp processing company located in Colorado. Utica provided the working capital needed for this important American company to continue expanding operations.
• $5,600,000 capital lease secured by machinery and equipment to a technology company located in San Jose, CA. Utica provided funds to pay off OEMs and provide needed working capital. This financing is the first $5.6 million of a total $13.2 million lease facility.
• $575,000 to current Utica customer operating within the agricultural sector. Within three days of its 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 $13,000,000. This was the 25th schedule for this customer.
• $900,000 capital lease secured by machinery and equipment to a fabrication company located in the Philadelphia Metro area. Utica was able to provide the needed working capital the company desired.