Utica Equipment Finance announced the completion of a transaction totaling $3,250,000 in the last week of February. The $3,250,000 capital lease for a Texas-based company specializing in oil and gas equipment rentals. The transaction is secured by...
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March 12, 2024, 07:10 AM
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Utica Equipment Finance announced the completion of three transactions totaling $10,900,000 in December:
A $2,350,000 Capital Lease secured by multi-passenger and delivery vans. The company operates out of seven major U.S. cities and engages in...
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January 05, 2024, 07:20 AM
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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...
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November 10, 2023, 07:15 AM
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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 an...
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September 11, 2023, 07:18 AM
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Utica Equipment Finance completed 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...
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September 06, 2023, 07:10 AM
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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 seven major US cities and engages in corporate and government...
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August 22, 2023, 07:13 AM
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Utica Equipment Finance announce the completion of two transactions totaling $5.1 million in the month of June.
A $1.6 million capital lease secured by construction equipment to a company located in Florida. The lessee is a family-owned...
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July 11, 2023, 07:11 AM
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Utica Equipment Finance are pleased to announce the completion of three transactions totaling $10.15 million in the first week of March. The transactions follow:
A $6 million capital lease secured by various cranes, attachments, and service...
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March 15, 2023, 07:18 AM
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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...
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February 24, 2023, 07:20 AM
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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...
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January 31, 2023, 07:30 AM
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Utica Equipment Finance announced the completion of a transaction totaling $720,000 in the first week of January.The $720,000 capital lease secured by farm equipment to one of the largest single source suppliers of tropical plants, indoor floral and...
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January 12, 2023, 07:18 AM
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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...
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January 06, 2023, 07:10 AM
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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...
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December 14, 2022, 07:17 AM
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Utica Equipment Finance announced the completion of five transactions totaling $8.13 million in the month of June.The following are the transaction:
$1.1 million capital lease secured by yellow iron to a wholesale crawler/tractor rental company...
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July 13, 2022, 07:20 AM
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Utica Equipment Finance, a provider of equipment-based term loans and leases to companies throughout North America, announced Michael McClendon has joined the firm as Managing Director of Sales. Based in Oklahoma, he will be responsible for sourcing...
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April 12, 2022, 07:24 AM
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Utica Equipment Finance announced the completion of two transactions totaling $7,025,000 in the week of March 21-25.
$800,000 Capital Lease secured by brewing and distillery equipment to a multi-location brewing company that specializes in...
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March 28, 2022, 07:20 AM
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Utica Equipment Finance announced the completion of 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...
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March 15, 2022, 07:15 AM
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Great Elm Capital Corp., a business development company, announced it has launched Great Elm Utica, LLC (GEU), a joint venture between GECC and Utica Leaseco, LLC, to co-invest in proprietary equipment financing transactions sourced by Utica.Founded...
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March 07, 2022, 07:22 AM
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Utica Equipment Finance announced the completion of a transaction totaling $8,780,000. The $8,780,000 capital lease was secured by audio, visual and lighting equipment to a multi-location production company. Utica was able to provide capital to...
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January 19, 2022, 07:09 AM
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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....
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November 22, 2021, 07:22 AM
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Utica Equipment Finance, a provider of equipment-based term loans and leases to companies throughout North America, announced Christina Magnotta has joined the firm as Managing Director of Sales. Based in Connecticut, she will be responsible for...
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October 19, 2021, 07:20 AM
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IBC Advanced Alloys Corp. announce it has entered into a new master lease agreement among Utica Leaseco LLC and Utica Equipment Finance, LLC (collectively, Utica) and certain of the IBC’s U.S. subsidiaries in support of the company’s ongoing...
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October 05, 2021, 07:21 AM
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Utica Leaseco completed two transactions totaling $1,000,000 during the August 16-20, 2021 week.
$500,000 secured by Vehicles for a Ride Sharing company purchasing new electric vehicles. Utica was able to provide working capital to expand and help...
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August 19, 2021, 06:05 AM
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Utica Equipment Finance announced Roger McGinnis has joined the firm as Managing Director of Sales. Based in Fort Worth, TX, he will be responsible for sourcing and developing client and referral relationships throughout the United States.“Roger is...
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August 12, 2021, 07:23 AM
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Utica Leaseco, LLC and Utica Equipment Finance announced the completion of two transactions during the week of June 14-18.Utica Equipment Finance completed the funding of a capital lease secured by machinery and equipment to a manufacturing company...
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June 25, 2021, 07:15 AM
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Utica Equipment Finance announced it completed the funding of a $2,300,000 capital lease secured by machinery and equipment to a coal company headquartered in Kentucky with operations in the Central Appalachian region. Utica provided additional...
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April 26, 2021, 07:15 AM
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Utica Equipment Finance, LLC announced it has hired Jim Quirk as Director of Credit and Underwriting.Quirk is responsible for evaluating and underwriting commercial lease and loan requests and managing a designated portfolio of client accounts. He...
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April 15, 2021, 07:23 AM
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Utica Leaseco, LLC announced the promotion of Renate E. LaCroix to President. LaCroix is a licensed attorney and has been with Utica Leaseco for more than 10 years. During her tenure, she has been involved in almost every facet of the business –...
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January 08, 2021, 07:25 AM
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Utica Leaseco, LLC and Utica Equipment Finance announced the completion of two transactions totaling $3,350,000 during the week of Nov. 9-14.Utica Equipment Finance completed the funding of a $2,600,000 True Lease to a construction company with...
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November 17, 2020, 07:10 AM
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Utica Leaseco, LLC and Utica Equipment Finance announced the completion of two transactions totaling $3,350,000 during the week of Sept. 1-4.A current Utica Leaseco customer, operating within the agricultural sector, needed funding quickly to...
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September 08, 2020, 07:20 AM
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Utica Equipment Finance completed the funding of a $5,400,000 sale and leaseback of cranes located throughout North America. Utica provided funds for working capital purposes.The company, a leading nationwide provider of crane services, was...
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May 18, 2020, 07:20 AM
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Utica Equipment Finance announced it has completed the funding of a $10 million Capital Lease for a Steel Mill in Louisiana. The assets financed included, land, building loading dock, crane and machinery and equipment. Utica provided funds for...
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April 17, 2020, 07:20 AM
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Utica Equipment Finance completed the funding of a $3,900,000 Capital Lease secured by tractors, trailers and equipment located in Oregon. Utica provided the funds to refinance existing debt and provide working capital for the company.Utica Equipment...
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March 24, 2020, 07:17 AM
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Utica Equipment Finance, a provider of equipment-based term loans and leases to companies throughout North America, announced Stephen J. Healey has joined the firm as a Managing Director. Based in Boston, MA, he will be responsible for sourcing and...
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March 11, 2020, 07:25 AM
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Utica Equipment Finance, a provider of equipment-based term loans and leases to companies throughout North America, announced that Francois van Reede has joined the firm as a Business Development Officer. Based in Arizona, he will be responsible for...
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March 02, 2020, 07:23 AM
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Utica Leaseco, LLC announced the completion of three transactions totaling more than $12,500,000 during the week of Feb. 24-28.
$12,000,000 capital lease secured by machinery and equipment to a multi-location oil field service provider located in...
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March 02, 2020, 07:16 AM
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Utica Equipment Finance, a provider of equipment-based term loans and leases to companies throughout North America, announced that Britt Stackhouse has joined the firm as a Managing Director based in New York City. He will be responsible for sourcing...
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February 26, 2020, 07:22 AM
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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...
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January 08, 2020, 07:05 AM
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Utica Equipment Finance announced it has completed the funding of a capital lease line up to $2.0 million, secured by passenger cars to a for-hire vehicle rental car company located in the Northeast. Utica provided the working capital for this...
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November 06, 2019, 07:20 AM
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Utica Equipment Finance, LLC announced the completion of two transactions during the Oct. 7-11.Utica Equipment Finance completed the funding of a $1,750,000 term loan (CAD $2,300,000) secured by machinery and equipment to a logging-based contractor...
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October 18, 2019, 07:05 AM
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Utica Leaseco and Utica Equipment Finance announced the completion of two transactions totaling over $8 million during the week of Sept. 16-20.
$7,600,000 capital lease secured by machinery and equipment to a technology company located in San Jose...
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September 24, 2019, 07:02 AM
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Utica Equipment Finance announced Byron Howell has joined the company as Managing Director-Sales. He will be responsible for sourcing and developing client and referral source relationships throughout the United States.“Byron is an accomplished sales...
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September 20, 2019, 07:30 AM
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Utica Equipment Finance (UEF) recently announced two hires. Matt Stouffer has joined as Managing Director Sales and Chris Koennecke has joined as Associate of Credit & Underwriting. Stouffer will be responsible for leading the company’s sales efforts...
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June 27, 2019, 07:28 AM
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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...
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March 26, 2019, 07:30 AM
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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...
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March 20, 2019, 07:25 AM
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