Utica Leaseco, LLC Email Format
Financial ServicesMichigan, United States2-10 Employees
Utica Leaseco, LLC is a financial services firm headquartered in Rochester Hills, Michigan, founded in 2005. It specializes in sale/leaseback arrangements for non-bankable industrial and commercial companies, using existing pools of machinery and equipment. The company serves a broad range of sectors and typically structures transactions ranging from $300,000 to $5,000,000 with terms of about 48 months, acting as the funding source and holding its own lease paper. In January 2021, Renate E. LaCroix was promoted to President, reflecting a leadership transition. The firm operates with a small team and provides specialized lease financing within the financial services landscape.