Utica Leaseco completed the funding of a $500,000 capital lease on new equipment for a container manufacturer in Texas. This is the fourth transaction that Utica has completed for this customer, bringing the total amount funded to more than $2.5 million. Utica provided funding to purchase equipment needed to expand operations.

Utica also completed the funding of $300,000 on a capital lease to an aggregate processor in Ohio. The funds went to assist the company in the purchase of equipment to fulfill a new contract. This is the 11th such transaction that Utica has completed for this customer, bringing the total amount funded to more than $3.8 million.