.png&w=256&q=75)
BreadRoute Review
Utica Leaseco
3.5Our Utica Leaseco Review
Utica Leaseco is a Rochester Hills, Michigan-based nonbank equipment finance company founded in 2005. It focuses on large, complex, or hard-to-place equipment financing deals ranging from $1 million to $50 million, serving borrowers across the United States and Canada. The company appears well suited for businesses in capital-intensive industries — manufacturing, transportation, construction, energy, agriculture, crane and rigging, and logistics — that need a lender willing to structure deals that conventional sources decline. Utica Leaseco positions itself around asset expertise: extending terms, maximizing loan-to-value against equipment, and accommodating situations like escrow accounts or insurance waivers. No minimum credit score or time in business is listed, which may benefit early-stage or credit-challenged operators with strong underlying assets. Prospective borrowers in California should note that the California Department of Financial Protection and Innovation initiated an enforcement action against Utica Leaseco LLC (CFL Licensee #60DBO-44650) on April 3, 2020; borrowers are advised to review the DFPI record before proceeding.
Who Is Utica Leaseco Best For?
Based on eligibility requirements and available products.
- Businesses where credit score is not a primary factor
- New businesses with limited operating history
- Businesses that need equipment or machinery financing
- Businesses seeking larger financing amounts
Financing Options
Eligibility Requirements
Get Started
Quick Overview
3.5Compare Alternatives
Other Nonbank Lender lenders
Utica Leaseco Pros & Cons
Pros
- No minimum credit score requirement
- Startup-friendly no seasoning requirement
- Lends nationwide
- High loan amounts available
Frequently Asked Questions
Utica Leaseco offers financing in the range of $1 Million to $50 Million.
Utica Leaseco does not apply a strict minimum credit score requirement, making it accessible to a wider range of businesses.
Utica Leaseco offers the following financing products: Equipment Finance.
Utica Leaseco requires a minimum of No Minimum Time in Business in business. Newer businesses may want to explore alternative lenders with lower seasoning requirements.
Utica Leaseco provides financing to businesses across the United States.
Claim Utica Leaseco Profile
Are you a representative of Utica Leaseco? Claim this profile to verify your information, update details, or request changes to your listing.
For immediate assistance, please contact us at howdy@breadroute.co