Utica Equipment Finance Completes $15.5MM Transaction

Utica Equipment Finance completed a $15.5 million capital lease secured by forestry equipment, excavators, dozers, wheel loaders and trucks for a company located in the Northeast that provides integrated temporary roadways to remote construction sites, offering access mats through lease, rental and sale arrangements via a regional distribution network. The company used Utica’s funding to acquire two companies and pay off outstanding debt.