Utica Funds $1.625MM Capital Lease for Coal Mining Company Expansion

March 5, 2025 - Utica Equipment Finance 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.