Daily News: December 13, 2013

Utica Leaseco Adds Business Development Rep in Chicago

Utica Leaseco announced the addition of George Garrod as business development representative. He will be responsible for marketing equipment sale leasebacks and term loans from $350,000 to $10 million secured by machinery & equipment on a national basis, and will be working out of the newly established Chicago office.

Garrod has worked in the asset-based lending arena for more than 25 years. He joins Utica from GemCap Lending and previously represented such organizations as Foothill Capital, Webster Business Credit and Textron Financial.