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Home News

Utica Funds $600k Capital Lease

byABF Journal Staff
March 29, 2019
in News

Utica has completed a $600,000 capital lease for a current Utica customer operating within the construction sector.

The customer needed funding quickly to purchase new excavators and expand their daily operations.

Within ten days of their initial request, Utica helped them unlock the value of their machinery and equipment with a $600,000 capital lease, bringing their total funding to date to over $1.05 million.

Utica is proud to provide financing based on collateral, not credit.

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