Onset Provides $1.2MM for European Company
South Jordan, Utah — Onset Financial has completed the funding of plastic injection molding equipment for a global packaging supply company's facility in Europe. Totaling $1.2MM, this transaction will allow the client to significantly expand their footprint and market presence in Western Europe.
"We are pleased to have successfully underwritten a rather unique and complex transaction for a European client," said Heath Birchall, Vice President of Sales at Onset Financial, Inc. "Most equipment lessors avoid financing equipment overseas. Onset's funding capabilities enabled us to provide the financing our client needed to meet their customer demand."
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.