Utica Leaseco, LLC is pleased to announce the completion of one transaction for $1,250,000 during the Nov. 29 to Dec. 3 week.
The $1,250,000 refinance was secured by vehicles to a multi-location subscription-based car provider located on the West Coast. By utilizing the equity in its vehicle fleet, Utica was able to provide working capital to grow operations and lower the customer’s monthly obligations. The company was especially grateful to Utica for providing this refinance during these currently challenging times.
Utica Leaseco provides financing based on collateral, not credit.