Onset Funds $10MM in Mining Equipment

South Jordan, Utah — Onset Financial, Inc. has funded $10MM in financing for a publicly traded mining company. The Operating Lease is being used for yellow-iron, earth-moving equipment.

"This transaction showcases our ability to meet challenging equipment finance requirements" said Justin Nielsen, President of Onset Financial. "Onset worked closely with our customer to structure a detailed and complicated transaction. Our team demonstrated a high level of commitment and expertise in completing a difficult transaction in this challenging economy."

About Onset Financial, Inc. — Onset Financial, Inc. is a sophisticated lender in the equipment finance industry. Onset Financial is an independently owned direct lessor, led by an experienced management team with a long and respected track record in the leasing industry. For more information, please visit www.onsetfinancial.com.

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