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Utica Leaseco Provides $2.75MM in Capital Leases

November 08, 2019, 07:18 AM

Utica Leaseco, LLC announced the completion of two transactions totaling $2,750,000 during the Nov. 4-8 week.

It completed the following:

  • $2,000,000 capital 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.
  • $750,000 capital lease secured by machinery and equipment to a medical company located in Pennsylvania. Utica provided the working capital for this company for new purchases.

Utica Leaseco provides financing based on collateral, not credit.







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