Onset Funds $10MM Aviation Transaction
South Jordan, Utah — 28 JAN 2014 — Onset Financial has completed funding of a $10MM Operating Lease for a West Coast aviation supply company. The international firm, with locations in the United States and Asia, is using the funds to secure additional inventory and keep pace with increased global demand for its products.
"This equipment is typically very difficult to finance," said Heath Birchall, VP of Sales with Onset Financial. "Our client had been struggling to find someone who could complete this transaction. Onset's increased structuring flexibility enabled us to get it done when no one else could. I'm pleased that we were able to utilize our competitive advantages to the benefit of our customer."
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.