Onset Financial Funds $15M for International Automotive Supplier

SOUTH JORDAN, Utah–(BUSINESS WIRE)–#equipmentleasing–Onset Financial has just financed $15 million dollars in relatively
unsecured international equipment. This company has experienced
extraordinary growth over the past few years and this financing will
help them strategically grow their business.

“Completing a transaction of this magnitude in less than seven days is
almost unheard of. This injection of capital will produce immediate
benefits for our customer so I couldn’t be happier,” said Matt Burrows,
Executive Vice President at Onset Financial. “We are fortunate to enjoy
a strong working relationship with this customer and the leadership at
both companies ensured a quick turnaround through cooperation and
responsiveness.

As a global leader in automotive safety, this company provides products
most drivers use on a daily basis.

“Teamwork, speed, and efficiency made this funding happen,” said Senior
Vice President of Product Management, Melinda Haynes. “Once again, Onset
was able to make a difference by quickly responding to the needs of a
client.”

Onset is proud to team-up with this billion-dollar company to provide
operating lease capital to this global T1a supplier.

About Onset Financial, Inc. – Founded in 2008, Onset Financial, Inc. is
the industry leader in equipment leasing and financing. Onset’s seasoned
Management Team has decades of equipment leasing experience and key
industry relationships that enable Onset to offer additional flexibility
in lease structuring. For more information please call 801-878-0600 or
visit www.onsetfinancial.com.

Contacts

Onset Financial, Inc.
Debbie Worthen
o: 801.878.0600
f:
801.878.0601
dworthen@onsetfinancial.com
www.onsetfinancial.com
Facebook:
https://www.facebook.com/OnsetFinancial
Twitter:
https://twitter.com/OnsetFinancial
LinkedIn:
https://www.linkedin.com/company/onset-financial

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