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Utica Funds $1.625MM Capital Lease for Coal Mining Expansion

Utica Equipment Finance has funded a $1.625 million capital lease to support a coal mining company's expansion, strengthening their ongoing financial partnership.

byRita Garwood
March 5, 2025
in News, Deal Announcements
Utica Leaseco, LLC has provided a $1.625 million capital lease to a coal mining company, securing the deal with machinery and equipment. The funding will help the company expand operations and improve efficiency across multiple locations.This marks the sixth equipment lease schedule Utica has completed with the mining firm, reinforcing a long-term financial partnership. The latest lease offers critical capital to support the company’s ongoing growth initiatives.

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