Onset Completes $3.2MM Ethanol Project
South Jordan, Utah — Onset Financial has completed funding on an Ethanol Extraction Facility for one of the nation's top biofuel providers. Totaling $3.2 million, the project adds substantial increase in production capability for Onset's client.
"This transaction had complexities due to the reduction of Federal subsidies which have historically been provided to Ethanol producers and suppliers," said Heath Birchall, Vice President of Sales at Onset Financial, Inc. "Onset delivered a unique financing structure in a challenging industry & collateral environment."
About Onset Financial, Inc. — Founded in 2008, Onset Financial, Inc. is a mid-market Equipment Leasing & Financing company specializing in providing increased funding options to its clients. 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.