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Utica Equipment Finance Funds $10.6MM Capital Lease

January 08, 2020, 07:05 AM

Utica Equipment Finance completed the funding of a $10.6 million capital lease secured by machinery and equipment located in West Virginia. Utica provided the funds for the acquisition of a coal mining operation.

Utica Equipment Finance, an affiliate of Utica Leaseco, provides companies in a wide array of industries with collateral and credit-based equipment term loan and lease products ranging from $1 million to $50 million.

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