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Utica Leaseco Provides Financing to Hemp Processing Firms

October 08, 2019, 07:20 AM
Related: Utica Leaseco

Utica Leaseco, LLC announced the completion of two transactions totaling $900,000 during the October 1-4, week.

Utica Leaseco completed the funding of a $400,000 true lease secured by machinery and equipment to a hemp processing company located in California. Utica provided the working capital for this company to expand and grow operations.

Utica Leaseco completed the funding of a $500,000 capital lease secured by machinery and equipment to a hemp processing company located in Kentucky. Utica provided the working capital for this company for a new purchase.







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