Daily News: November 8, 2019

Utica Leaseco Completes Two Transactions Totaling $2.75MM


Utica Leaseco completed two transactions in November, 2019 totaling $2.75 million.

These were:

  • $2 million capital lease secured by machinery and equipment to a hemp processing company based in California. Utica provided the working capital for this company to expand and grow operations
  • $750,000 capital lease secured by machinery and equipment to a medical company in Pennsylvania. Utica provided the working capital for this company for new purchases.