Onset Continues $4.2MM Fortune 500 Funding
South Jordan, Utah — Onset Financial continues funding on a $4.2 million food production line for a publicly-traded Fortune 500 company. Onset successfully provided an equipment finance package that met the low-cost needs of the customer while allowing the project to install over an extended timeframe. The food production line being financed is a critical component to the completion of a recognized & established household-brand consumable product.
"An extensive overseas equipment build-out and shipping process made this transaction very rewarding to complete," said John Henderson, Vice President of Sales at Onset Financial. "We were pleased to be able to meet the customers requests and fund this transaction."
About Onset Financial, Inc. — Founded in 2008, Onset Financial, Inc. is an 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.