Utica Leaseco Completes $1MM in Recent Transactions

Utica Leaseco recently completed two transactions totaling $1 million, including:

• $500,000 secured by vehicles for a ride sharing company purchasing new electric vehicles. Utica Leaseco provided working capital to expand and help the customer grow operations.

• $500,000 secured by machinery and equipment to a microbrewery in Florida. By utilizing the equity in its current collateral pool, Utica Leaseco provided working capital to help the customer move operations from Florida to Massachusetts.