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SELECTED TRANSACTION DETAILS
Utica Equipment Finance Completes $3.5MM Capital Lease with Concrete, Masonry Recycling Company
Monday, June 17, 2024

Lenders/Participants Utica Equipment Finance [Lessor]
Structure Capital Lease
Amount $3.500 Million
Borrower(s) Undisclosed - Concrete & Masonry Recycler
Description The $3,500,000 capital lease to a concrete and masonry recycling company in Michigan, is 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.
Industry Recycling
Location MI
Related Tags Capital Lease, Recycling, Utica Equipment Finance