Utica Equipment Finance announced the closing of a $3.3 million Capital Lease for a live event production and broadcast company. Secured by broadcast trailers, trucks and production support equipment, the lease supports the company's acquisition of production assets.
The business delivers turnkey live event and broadcast solutions to leading entertainment, sports and corporate clients, operating a fleet of mobile production units and broadcast equipment. The acquisition expands the company's production capacity and fleet.
Utica's financing underscores its continued focus on delivering tailored equipment-finance solutions that support acquisitions and growth for middle-market media and broadcast businesses.