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Utica Equipment Finance Completes $3MM Capital Lease Transaction

September 06, 2023, 07:18 AM
Filed Under: Equipment Finance News

Utica Equipment Finance announced the completion of a transaction totaling $3,000,000.  

A $3,000,000 Capital Lease secured by various cars to a major mobility industry operating company. The company has built strategic partnerships with Uber, Lyft, DiDi, Turo, and other leading mobility software companies by providing ready-to-drive vehicles. With Utica’s funding they were able to acquire vehicles to add to their fleet. Utica is looking forward to working with them in the future as they continue to expand.

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.

For more equipment finance industry news, visit Equipment Finance Advisor.

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