Onset Financial Saw $42 Million In New Fundings Last Month

By Dan Anderson • Feb 4, 2020
  • Onset Financial, one of the nation’s top independent equipment leasing companies, hit a record with $42 million in new fundings in January 2020 alone

Onset Financial — one of the nation’s top independent equipment leasing companies — hit a record with $42 million in new fundings in January 2020 alone. This is Onset’s largest single-month in company history and it comes on the heels of the company’s record-breaking 2019. Last year, the yearly fundings increased by 77%.

“We have funded nearly $100 million dollars in the last 90-days,” said Melinda Haynes, President of Lease Operations at Onset Financial. “The credit goes to our incredibly-talented team that has gone above and beyond at every touchpoint to ensure our customers get an unmatched experience.”

Launched in 2008, Onset Financial is known as the industry leader in equipment leasing and financing. And Onset’s seasoned management team has decades of equipment leasing experience and key industry relationships that enables the company to offer additional flexibility in lease structuring.

“One thing that continues to be a huge differentiator for us is our speed,” explained Justin Nielsen, Founder & Chief Executive Officer at Onset Financial. “Part of our culture is to make critical decisions and to solve problems fast so we can get our customers what they need.”