Utica Leaseco said it closed and funded $4.7 million in three new transactions:

• Completed a new term loan transaction in the amount of $1.1 million to an oilfield services and construction company operating in California and Texas. Utica acted as arranger and funded 50% of the deal. The transaction helped provide needed working capital for a turnaround for the large, family-owned business.
• Closed a new sale/leaseback transaction in the amount of $3 million. Utica acted as arranger and funded 50% of the deal. The transaction helped provide needed funding for startup of the business. The company is an integrated food processing, retailer and restauranteur in suburban Chicago.
• Completed a new term loan transaction in the amount of $600,000. The company provides oilfield services in eastern Pennsylvania. Utica provided financing for new vehicles to support a new contract.