Utica Leaseco funded the following new transactions during the last week of May 2015:

• Utica funding a $5 million portion of a $30 million senior secured loan transaction, for the transaction for a major national roadway and complex infrastructure construction company that is headquartered in The Woodlands, TX, area. Utica provided the needed working capital by unlocking the equity that existed in the company’s existing construction and rolling stock equipment. Utica worked closely with its’ joint venture partners and closed the needed funding on an expedited basis. It relied on the company’s equipment as the sole collateral for the transaction.
• Utica completed new capital lease transaction in the amount of $5.2 million for a petroleum transporter and service company that is headquartered in Commerce, CA. The company specializes in hauling gasoline, diesel, ethanol, trans mix, additives and lube oil. Utica was able to provide the needed working capital by unlocking the equity that existed in the company’s fleets of highway tanker trucks and trailers. Utica worked closely with the company, its management and advisory team and was able to close the needed funding on an expedited basis. Utica relied on the company’s equipment as the sole collateral for the transaction.