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Utica Equipment Finance Completes $3.2MM Capital Lease for Oil and Gas Equipment Rental Company

March 12, 2024, 07:35 AM
Filed Under: Rental

Utica Equipment Finance completed a $3,250,000 capital lease for a Texas-based company specializing in oil and gas equipment rentals in the last week of February. The transaction is secured by light towers, generators, man lifts, and forklifts. This marks an additional financing agreement with Utica for the existing client, enabling them to refinance debt and access essential working capital.

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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