Utica Equipment Finance Provides $1.5MM Capital Lease to Ammunition Manufacturer

Utica Equipment Finance provided a $1.5 million capital lease to a licensed wholesale manufacturer of small caliber ammunition, small arms and tactical equipment.

The transaction was secured by newly acquired ammunition manufacturing lines. The financing provided working capital to further grow expanding operations for the customer, which was an existing client of Utica Equipment Finance.

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Terry Mulreany
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