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Utica Equipment Finance Completes $720K Transaction in First Week of January

January 12, 2023, 07:26 AM
Filed Under: Specialty Industries

Utica Equipment Finance announced the completion of a transaction totaling $720K in the first week of January.  

The $720K Capital Lease was secured by farm equipment to one of the largest single source suppliers of tropical plants, indoor floral, and outdoor palms in California. Utica was able to provide the capital necessary to refinance existing debt as well as provide additional working capital to fund their strategic growth initiatives.

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.

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