Utica Leaseco completed the funding of a $350,000 lease secured by machinery and equipment for a farm located in Michigan.

The customer was particularly grateful for Utica Leaseco’s ability to provide the needed financing within seven days of the initial request.

This brings the total funding for this customer to over $3.5 million. Utica provided the financing needed for this American company to purchase new equipment and expand operations.

Utica provided the financing based on collateral, not credit.