Utica Leaseco announced the completion of a new $800K sale/leaseback transaction, which provided needed working capital for a growing pharmaceutical production company.

Utica Leaseco announced the completion of a new sale/leaseback transaction in the amount of $800,000 during the week of July 20, 2015.

Utica said the transaction helped provide needed working capital for a growing pharmaceutical production company. Utica closed and funded the transaction for this private equity owned company operating in New Jersey.

Utica said it relied solely on the company’s equipment to fund the transaction.