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News Stories (19 Results) - Utica Equipment Finance

Utica Equipment Finance announced the completion of a transaction totaling $4,900,000 in the second week of July.  A $4,900,000 capital lease for a customer from California, focused on the development and manufacturing of electric vehicles. This... Read Story
July 17, 2024, 07:45 AM


Utica Equipment Finance completed an equipment refinance transaction totaling $3,500,000.The $3,500,000 capital lease to a concrete and masonry recycling company in Michigan, is secured by crushing equipment, construction equipment and trucks.... Read Story
June 17, 2024, 07:45 AM


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... Read Story
March 12, 2024, 07:35 AM


Utica Equipment Finance announced the completion of three transactions totaling $10,900,000 in December.  $2,350,000 Capital Lease secured by multi-passenger and delivery vans. The company operates out of 7 major US cities and engages in corporate... Read Story
January 05, 2024, 07:39 AM


Utica Equipment Finance extended a capital lease of $3,500,000 to facilitate the purchase of a trucking firm located in Virginia, specializing in regional bulk materials transportation. The customer successfully executed this deal by capitalizing on... Read Story
November 10, 2023, 07:07 AM


Utica Equipment Finance announced an additional funding of $1,500,000 to an existing customer in the month of August. $1,500,000 capital lease for a licensed wholesale manufacturer of small caliber ammunition, small arms, and tactical equipment on... Read Story
September 11, 2023, 07:30 AM


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... Read Story
September 06, 2023, 07:18 AM


Utica Equipment Finance announced the completion of a transaction totaling $2,600,000.  $2,600,000 Capital Lease secured by multi-passenger and delivery vans. The company operates out of 7 major US cities and engages in corporate and government... Read Story
August 22, 2023, 07:14 AM


Utica Equipment Finance announced the completion of two transactions totaling $5.10MM in the month of June. $1.6MM Capital Lease secured by construction equipment to a company located in Florida. The lessee is a family-owned excavation company... Read Story
July 11, 2023, 07:32 AM


Utica Equipment Finance announced the completion of three transactions totaling $10.15 million in the first week of March.  $1.38MM Capital Lease secured by construction and material handling equipment to a company located in Texas. The lessee... Read Story
March 15, 2023, 07:24 AM


Utica Equipment Finance announced the completion of a $1,800,000 transaction in the month of February. The capital lease was for a licensed wholesale manufacturer of small caliber ammunition, small arms, and tactical equipment on an international and... Read Story
February 24, 2023, 07:35 AM


Utica Equipment Finance completed an $8,000,000 transaction on January 25, 2023.  The $8,000,000 capital lease is for an equity group owned wood processing company with multiple locations in the south. The company transforms urban wood, construction... Read Story
January 31, 2023, 07:51 AM


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... Read Story
January 12, 2023, 07:26 AM


Utica Equipment Finance announce the completion of a transaction totaling $10 million in the month of December.  The $10 million capital lease secured by in-use cranes, heavy haul trailers and heavy haul trucks for a company primarily operating in... Read Story
January 06, 2023, 07:49 AM


Utica Equipment Finance announce the completion of six transactions totaling $11.78 million in the month of November: $7.5 million refinance secured by machinery and equipment to a technology company located in California. By consolidating two... Read Story
December 15, 2022, 07:44 AM


Utica Equipment Finance completed three transactions totaling $5,150,000 in the first half of March. $1,250,000 capital lease secured by a hypercar and support vehicles to transport and deliver the vehicle. Utica was able to provide them working... Read Story
March 15, 2022, 07:15 AM


Utica Leaseco, LLC and Utica Equipment Finance announced the completion of three transactions totaling $2,740,000 during the week of Nov. 15-19. $1,300,000 Capital Lease secured by machinery and equipment to a multi-location coal mining company.... Read Story
November 22, 2021, 07:00 AM


Utica Equipment Finance announced two new hires to support its growth. Marc Parauka has joined as Director of Credit and Underwriting, and Matt Worman has joined as Business Development Officer covering the Midwestern and Central U.S. markets.“Marc... Read Story
March 26, 2019, 08:50 AM


Utica Leaseco, a provider of customized asset-based equipment financing solutions, announced the formation of an affiliate company, Utica Equipment Finance. The new entity will offer equipment-based term loans and leases to companies throughout North... Read Story
March 20, 2019, 08:45 AM