Utica Equipment Finance announce the completion of an equipment refinance transaction totaling $3,500,000.
The capital lease to a concrete and masonry recycling company in Michigan was secured by crushing equipment, construction equipment and trucks. Utica's funding was used to refinance the company's existing obligations and provide additional capital for an acquisition.
Utica Equipment Finance provides companies in a wide array of industries with collateral and credit-based equipment financing products ranging from $1,000,000 to $50,000,000.